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Woodacott, Holsworthy, EX22

South West

£360,000
Listed on 28/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1799 sqft

Description

This spacious detached bungalow offers significant potential for renovation and investment. The property features a large living/dining area with scenic views of the surrounding land and gardens, a bright kitchen, and an expansive conservatory. Accommodating four double bedrooms, including a master suite with an en-suite bathroom, this home is perfect for those seeking to add their personal touch. Outside, the property includes a substantial outbuilding currently utilized as a workshop, which may have potential for planning permission in the future, subject to standard consents. The gently sloping field surrounding the bungalow is stock fenced and ideal for livestock or equestrian pursuits. The front garden boasts well-maintained landscaping, former vegetable plots, a small orchard with mature trees, and various outbuildings such as garages and greenhouses. Accessed through twin timber gates leading to a tarmac driveway with ample off-road parking, the property includes two separate garages—one currently used for storage—with the workshop equipped with power, lighting, and cold water supply. The extensive gardens feature level lawns adorned with apple and pear trees alongside vegetable patches. The rear garden has a paved patio adjacent to the conservatory offering easy access to the paddock. With approximately 3.5 acres of gently sloped pastureland at the rear that has efficient drainage along its hedged boundaries, this property represents an exciting opportunity for those looking to make improvements while enjoying beautiful countryside views.

Investment Analysis

(EX22 area)

Below Market Value

This property is priced -35.5% below area average per sq ft

-35.5%
Potential saving
This Property
£200/sq ft
Area Average
£310/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£613,855
10% above area average per sq ft
Potential ROI
+42.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -18.9%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on EX22 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

Woodacott, Holsworthy, EX22
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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
£1,275
Based on a loan of £270,000 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.

Stamp Duty Calculator

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