Worst House on the Street Logo
Near Chulmleigh - Image 1
Near Chulmleigh - Image 2
Near Chulmleigh - Image 3
Near Chulmleigh - Image 4
Near Chulmleigh - Image 5
Near Chulmleigh - Image 6
Near Chulmleigh - Image 7
Near Chulmleigh - Image 8
Near Chulmleigh - Image 9
Near Chulmleigh - Image 10
Near Chulmleigh - Image 11

Near Chulmleigh

South West

£395,000
Listed on 06/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1496 sqft

Description

This detached house, previously two cottages for railway workers, is situated on an expansive 0.59-acre plot adorned with mature gardens and additional outbuildings. The property comprises a variety of living spaces including a kitchen, separate dining and living rooms, a study, utility area, four bedrooms, and a bathroom. Given its original layout as two homes, there is significant potential for dual-family living or rental opportunities. Located in the picturesque Taw Valley, it offers easy access to local amenities in nearby Chulmleigh (1.5 miles) and convenient transport links accessible via Kings Nympton Station only a mile away. While currently in need of modernisation, the structural integrity of the brick construction under a slate roof provides an excellent foundation for refurbishment efforts. The generous garden space and existing outbuildings further enhance its investment potential, making it an attractive option for those seeking to create a tailored family home or capitalize on rental prospects.

Investment Analysis

(EX37 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£264/sq ft
Area Average
£288/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£473,604
10% above area average per sq ft
Potential ROI
-4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (EX37)

Area prices are falling by -5.9% over the last 12 months
3 year growth: +11.7%
5 year growth: -11.2%
Investment Disclaimer: Analysis based on EX37 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

Near Chulmleigh
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 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

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.