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Morebath, Bampton, Tiverton

South West

£550,000
Listed on 02/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2130 sqft

Description

This four-bedroom period farmhouse presents a unique opportunity for renovation in a serene rural setting. Nestled within approximately 3 acres of mature gardens, paddocks, and woodland, the property boasts stunning southerly views and is conveniently located just five minutes from Bampton. Originally built around 350 years ago, this charming farmhouse features spacious accommodations with potential for modernisation. Key attributes include an oil-fired central heating system and double glazed windows. The sizeable kitchen/breakfast room includes fitted units along with an oven and gas hob setup. The inviting sitting room is highlighted by a large inglenook fireplace with an original bread oven and a wood-burning stove. Additionally, the dining room opens out onto a south-facing patio area, perfect for outdoor entertaining, while the conservatory provides panoramic views of the tranquil gardens. Upstairs hosts three double bedrooms and a smaller fourth bedroom that could be adapted to include an en-suite bathroom. Outside, ample gravelled parking leads to various outbuildings and a garage, while the well-maintained garden features both vegetable plots and a greenhouse. This property also offers easy access to local amenities in nearby villages like Morebath and Dulverton, alongside excellent transport links via the M5 motorway and Tiverton Parkway station. Investors should note that while some updating is necessary throughout the property, it offers significant potential for enhancing its charm and functionality in this picturesque location.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£258/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£688,725
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -11.3% over the last 12 months
3 year growth: -13.0%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on EX16 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

Morebath, Bampton, Tiverton
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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
£1,948
Based on a loan of £412,500 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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