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Auction Lot: Renovation-Ready 3-Bedroom Cottage plus Development Land, Moretonhampstead, Devon - Image 1
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Auction Lot: Renovation-Ready 3-Bedroom Cottage plus Development Land, Moretonhampstead, Devon

South West

£275,000

Listed on 06/03/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

An exceptional opportunity to acquire a three-bedroom semi-detached cottage that is in need of modernisation, set within a desirable area of Moretonhampstead in the heart of Dartmoor National Park. This property includes a substantial adjoining garden plot, offering excellent potential for development subject to obtaining the necessary planning approvals. The total plot size is approximately 0.173 acres, which not only allows for extensive renovations or extensions but also opens the door for possible new build projects. Preliminary discussions with the Dartmoor National Park Authority have indicated positive feedback regarding further residential development, making this an attractive prospect for both investors and those looking to create their dream home in this picturesque location. Please refer to the auction legal pack for precise title boundaries as the provided site plan is intended for illustrative purposes.

Investment Analysis

(TQ13 area)
Area Average
£345/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -1.7%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on TQ13 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

Auction Lot: Renovation-Ready 3-Bedroom Cottage plus Development Land, Moretonhampstead, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-5.2% since listed
£275,000£15,000(-5.2%)
20/04/2026
Current price
£290,000Initial listing
07/03/2026

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