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Woodville Road, Woodford, Morwenstow, EX23 - Image 1
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Woodville Road, Woodford, Morwenstow, EX23

South West

£230,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
706 sqft

Description

Nestled in a quiet hamlet, this semi-detached bungalow offers the charm of single-level living while presenting a significant opportunity for renovation. Located on Woodville Road in Morwenstow, the property requires comprehensive updates throughout, making it an excellent blank slate for buyers keen to modernize and tailor the space to their tastes, pending necessary permissions. The layout includes a separate living room and a kitchen/diner, allowing for distinct areas dedicated to relaxation and dining. Two double bedrooms are complemented by a family bathroom and an additional separate WC for convenience. Outside, the generous garden presents ample space for gardening enthusiasts or those wishing to enjoy outdoor tranquility. A sizable shed provides practical storage, or potential workshop area, along with pleasant countryside views enhancing the overall appeal of this property.

Investment Analysis

(EX23 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£326/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£268,975
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EX23)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -0.2%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on EX23 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

Woodville Road, Woodford, Morwenstow, EX23
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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
£830
Based on a loan of £172,500 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.

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