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Saltrens, Monkleigh

South West

£240,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

Dunns Cottage offers a unique opportunity to acquire a three-bedroom semi-detached property that has been cherished by the same family for an impressive 75 years. This residence is poised for general modernisation, making it an ideal project for those wishing to put their personal touch on a spacious and well-structured home. The layout includes two reception rooms warmed by wood-burning stoves, providing both character and a cozy atmosphere. The kitchen, functional yet dated, opens up to the rear garden and connects to the dining room—this space presents a wonderful opportunity to be transformed into a contemporary open-plan area, enhancing both functionality and aesthetic appeal. Upstairs, you will find three bedrooms, with two being generously sized doubles. The family bathroom features traditional fixtures but is in need of an update to bring it in line with modern standards. Outside, the west-facing garden boasts ample lawn space that basks in sunlight throughout the afternoon and evening—perfect for gardening enthusiasts or outdoor gatherings. A small courtyard area complements this space while side access adds utility. Off-road parking at the front adds further convenience. Dunns Cottage stands as an appealing prospect for investment or renovation within a tranquil hamlet setting, just a short drive from Bideford’s amenities. With mains electricity, water, and drainage already connected, this property is ready for someone ready to realise its full potential.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£232/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£349,299
10% above area average per sq ft
Potential ROI
+24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -13.5%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on EX39 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

Saltrens, Monkleigh
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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