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Ashreigney, Chulmleigh, Devon, EX18

South West

£250,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
990 sqft

Description

This detached cottage is nestled in the serene village of Ashreigney, providing a unique opportunity for buyers seeking to create a personalized family home. The property features three bedrooms and includes a garage along with driveway parking, presenting ample room for customization. Upon entering, you are greeted by an entrance hall leading to a kitchen that comes equipped with matching base and wall units and an additional pantry for storage. The spacious sitting room, complete with a gas fire, serves as a cozy gathering space. An inner hallway connects to a conservatory, providing extra living space and lovely garden views. Upstairs, you will find two generously-sized double bedrooms alongside a single bedroom and a three-piece bathroom suite. While the interior is in need of modern upgrades throughout, it offers fantastic potential for transformation into a stylish and comfortable home. The front garden features a raised lawn area with a greenhouse, creating both charm and utility. The outdoor space is private and enclosed, benefitting from gated access to the driveway that leads to the single garage. This cottage presents an excellent investment opportunity in a desirable location, perfect for those looking to add their personal touch.

Investment Analysis

(EX18 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£253/sq ft
Area Average
£280/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£305,029
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by +7.3% over the last 12 months
3 year growth: -10.9%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on EX18 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

Ashreigney, Chulmleigh, Devon, EX18
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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
£902
Based on a loan of £187,500 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.

Next Steps

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