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Kingsway, South Molton, Devon, EX36

South West

£180,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Located in a well-situated area of South Molton, this three-bedroom property presents a significant opportunity for those interested in renovation and investment. The home is poised for modernization, making it an attractive choice for first-time buyers or investors seeking to add value through thoughtful updates. The layout spans two levels, beginning with an entrance hallway that leads into a spacious dual-aspect lounge, which benefits from ample natural light. Adjacent to the lounge is a dining area that connects to the kitchen, complete with a pantry cupboard for added storage. A side hallway provides access to both the front and back gardens, as well as a convenient ground floor WC. This configuration allows for creative alterations of the ground floor layout, facilitating a potential open-plan design without necessitating any extensions. Moving upstairs, you'll find three bedrooms: two comfortable doubles and a single room paired with a family bathroom. Outside, the property features off-road parking at the front and a sizable rear garden that offers considerable landscaping possibilities or even extension potential (subject to local planning permissions). While requiring extensive modernization throughout, this property holds exceptional promise for those willing to invest time and resources into transforming it into a personalized home.

Investment Analysis

(EX36 area)
Area Average
£283/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX36)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -12.4%
5 year growth: +13.1%
Investment Disclaimer: Analysis based on EX36 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

Kingsway, South Molton, Devon, EX36
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£638
Based on a loan of £135,000 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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