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Hollingarth Way, Hemyock, Cullompton

South West

£225,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

Nestled in the desirable village of Hemyock, this three-bedroom semi-detached property offers a significant opportunity for those looking to undertake a renovation project. The home is in need of comprehensive refurbishment, making it an appealing option for investors and developers eager to enhance its value in a picturesque countryside setting. The ground floor features a spacious lounge/dining area with generous natural light from dual aspects, along with a kitchen and small conservatory that overlooks the garden and presents potential for reconfiguration or upgrading. Upstairs, three well-sized bedrooms provide ample scope to design an inviting family sanctuary tailored to individual tastes. Outside, the property boasts a private driveway and garage for secure parking or extra storage, along with an enclosed rear garden that offers pedestrian access to the front and stunning countryside views—an ideal backdrop for village living. With Hemyock's vibrant community amenities nearby and convenient links to surrounding towns, this home represents a promising investment for those willing to make it their own.

Investment Analysis

(EX15 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£238/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£318,760
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (EX15)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -4.7%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on EX15 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

Hollingarth Way, Hemyock, Cullompton
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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
£811
Based on a loan of £168,750 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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