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Sticklepath, EX20 2NS

South West

£420,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1161 sqft

Description

Ford Wood presents a remarkable opportunity for those with a vision to transform a property into their ideal home, nestled on the edge of Dartmoor's expansive wilderness. This versatile dwelling comprises a two-storey cottage paired with a 20th-century bungalow extension and includes cellars with limited headroom. While the roof has been recently upgraded and outdated lead water pipes replaced, the interior requires comprehensive refurbishment and modernization to meet contemporary living standards. The existing layout features three bedrooms, two reception areas, a kitchen, and a bathroom, all complemented by picturesque rural views. Additionally, redevelopment possibilities exist for the site, pending necessary approvals. Set amidst approximately 3.25 acres of land that includes paddocks, gardens, and woodland, the property boasts direct bridleway access to Dartmoor—ideal for outdoor enthusiasts. Access is via a gated entrance leading into the paddock and a winding driveway. Large gardens flank the cottage, with potential to expand paddock space as desired. Across the lane lies about 1.25 acres of woodland. Situated between the charming villages of Sticklepath and South Zeal, Ford Wood offers easy access to local amenities such as primary schools and shops while maintaining a tranquil setting away from busy roads. The town of Okehampton is just 10 minutes away, featuring various retail options and transport links to Exeter and London within easy reach via road or rail.

Investment Analysis

(EX20 area)

Above Market Value

This property is priced +25.8% above area average per sq ft

+25.8%
This Property
£362/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£367,166
10% above area average per sq ft
Potential ROI
-28.0%
After renovation
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
8%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -5.8% over the last 12 months
3 year growth: +1.3%
5 year growth: +7.0%
Investment Disclaimer: Analysis based on EX20 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

Sticklepath, EX20 2NS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,488
Based on a loan of £315,000 over 30 years at 3.91% 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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