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Gittisham, Honiton, Devon, EX14

South West

£150,000
Listed on 21/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
666 sqft

Description

This Grade II listed end of terrace cottage, located in the desirable village of Gittisham, is a prime candidate for comprehensive refurbishment. The property represents an exciting opportunity for buyers looking to invest in a unique home that can be transformed according to personal taste. Built with a charming mixture of stone and cob, along with a thatched roof, this residence features a ground floor lounge complete with a fireplace, alongside a galley kitchen that connects to a side door and lobby area which contains the downstairs bathroom. Ascending to the first floor reveals a generously sized bedroom that leads to a second bedroom; the latter offers potential for conversion into an impressive walk-in wardrobe, though it does involve navigating a flying freehold area. Currently equipped with electric heaters that remain untested, this property is awaiting modernisation throughout. Nestled in one of Devon's most picturesque villages known for its close-knit community and vibrant local events, this cottage enjoys proximity to Honiton and ample outdoor space including side garden areas. With some vision and investment, this cottage can be revitalised into a stunning retreat nestled in the heart of East Devon.

Investment Analysis

(EX14 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£225/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£237,692
10% above area average per sq ft
Potential ROI
+3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -1.9%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on EX14 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

Gittisham, Honiton, Devon, EX14
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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
£549
Based on a loan of £112,500 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.

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