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Chulmleigh

South West

£260,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1050 sqft

Description

This semi-detached house is located in a tranquil cul-de-sac on the edge of Chulmleigh, presenting an opportunity for renovation and investment. The property offers three spacious double bedrooms alongside a well-proportioned sitting room, kitchen/dining area, and a conservatory. With generous gardens that have the potential for parking provision, there is ample space to enhance the outdoor experience. Although the home requires some updating, it is devoid of any chain, facilitating a smoother transaction process. Chulmleigh itself is a charming town known for its tight-knit community and essential amenities such as local shops, schools, health services, and recreational facilities including sports centres and golf courses. The nearby market towns of South Molton and Crediton expand access to additional shopping and transport options with connections to Exeter and Barnstaple. Built in 1948 with rendered brick construction under a slate roof and primarily uPVC double-glazing, this property retains some original features while allowing for modern touches. The interior includes an airy living space with a multi-fuel stove in the sitting room, a functional kitchen/dining room with characterful tongue-and-groove paneling, and three comfortable bedrooms served by a recently fitted wet room. Outside boasts a south-facing garden perfect for entertaining or relaxing. This property holds significant renovation potential to create an ideal family home or an investment opportunity in a desirable location.

Investment Analysis

(EX18 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£248/sq ft
Area Average
£280/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£323,516
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by -7.3% over the last 12 months
3 year growth: -10.9%
5 year growth: +11.9%
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

Chulmleigh
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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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