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Fox Close, Okehampton

South West

£210,000
Listed on 08/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
624 sqft

Description

This semi-detached bungalow presents a promising opportunity for buyers looking to invest in property within Okehampton. Nestled on a quiet cul-de-sac, the home is conveniently located near local amenities while offering the benefit of a peaceful residential environment. The bungalow is positioned on a level plot and features a desirable south-facing rear garden, which is ideal for those who enjoy outdoor space. While the property requires modernisation, it provides an excellent canvas for personalisation, allowing new owners to implement their vision. Additional highlights include driveway parking and an integral garage, adding practical value to this home. Viewings are encouraged to fully appreciate its investment potential and location.

Investment Analysis

(EX20 area)

Above Market Value

This property is priced +16.0% above area average per sq ft

+16.0%
This Property
£337/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£199,090
10% above area average per sq ft
Potential ROI
-15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 1.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on EX20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Fox Close, Okehampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE