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Near Chulmleigh

South West

£699,500
Listed on 12/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2130 sqft

Description

This charming period farmhouse, steeped in character and set amidst picturesque rural scenery, offers ample potential for enhancement or reconfiguration. The property features extensive gardens, a substantial stone and cob barn ripe for conversion (subject to the necessary permissions), and captivating views of the surrounding countryside. Inside, you will find a well-arranged layout comprising a welcoming entrance hall, an open kitchen and dining area complete with an inglenook fireplace and modern appliances, as well as three versatile reception rooms that can cater to various family needs. The upper floor accommodates four generously sized bedrooms—including a master suite with en-suite facilities—alongside a stylishly updated shower room. The grounds extend to approximately one acre, providing considerable outdoor space for gardening or leisure activities. The farmhouse, while well-presented, could benefit from targeted renovations to further elevate its appeal and functionality. With its advantageous location near Dartmoor and Exmoor National Parks and proximity to local amenities in Chulmleigh and South Molton, this property not only serves as a comfortable residence but also represents a promising investment opportunity.

Investment Analysis

(EX18 area)

Above Market Value

This property is priced +17.5% above area average per sq ft

+17.5%
This Property
£328/sq ft
Area Average
£280/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£654,986
10% above area average per sq ft
Potential ROI
-17.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -6.1%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on EX18 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

Near Chulmleigh
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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
£2,477
Based on a loan of £524,625 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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