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Willand Old Village, Willand, Cullompton

South West

£585,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2325 sqft

Description

This spacious detached chalet bungalow, nestled in the sought-after Old Village of Willand, is an excellent candidate for renovation and investment potential. Built in 1994 and cherished as a family home, the property offers a versatile layout across two floors. The ground floor features a sizable bedroom with an en-suite bath/shower room, ideal for multi-generational living or those preferring single-level accommodations. Upstairs, two generously sized double bedrooms benefit from dormer windows and practical eaves storage. The entrance is through a welcoming porch leading to a broad reception hall that includes essential amenities like a cloakroom and large airing cupboard. The kitchen retains its original oak units, providing ample storage and workspace, equipped with an eye-level double oven and four-ring gas hob. It flows seamlessly into a dining area, perfect for casual meals, while a utility room adjacent to the kitchen offers practical space for laundry and access to the garage. A defining feature of the property is the expansive main reception room that accommodates both living and dining areas, enhanced by sliding patio doors opening into a conservatory — although this additional space does necessitate considerable repair or replacement. While the home's interior is comfortable as it stands, it presents significant opportunities for updating over time. The extensive garden provides privacy through established hedges, featuring a sunken swimming pool that promises summer enjoyment for family gatherings. Notably, there is also an additional garden plot of approximately 0.15 acres that could serve various purposes — potentially enhancing its value. With essential services nearby including shops and schools within easy reach, this property not only boasts great location advantages but also remarkable potential for modernization to suit future living requirements.

Investment Analysis

(EX15 area)

Below Market Value

This property is priced -18.1% below area average per sq ft

-18.1%
Potential saving
This Property
£252/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£785,920
10% above area average per sq ft
Potential ROI
+21.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -6.0%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on EX15 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

Willand Old Village, Willand, Cullompton
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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
£2,072
Based on a loan of £438,750 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.

Stamp Duty Calculator

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