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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
4
Type
House

Description

This three-bedroom semi-detached cottage presents a unique opportunity for those looking to invest in property within the desirable Dartmoor National Park area of Moretonhampstead. The property is in need of modernisation, allowing buyers to tailor renovations to their taste and requirements. Additionally, the generous adjoining garden plot spans approximately 0.173 acres and offers exciting potential for development, subject to obtaining the necessary planning permissions. Preliminary talks with the Dartmoor National Park Authority reveal positive sentiment regarding the possibility of further residential projects, making this a compelling opportunity for both homeowners and investors seeking growth in this attractive location.

Investment Analysis

(TQ13 area)
Area Average
£344/sq ft
Avg Rent (weekly)
£224
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TQ13)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +2.1%
5 year growth: +11.7%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£981
Based on a loan of £206,250 over 30 years at 3.97% 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

Price History

-5.2% since listed
£275,000£15,000(-5.2%)
20/04/2026
Current price
£290,000Initial listing
09/03/2026

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