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Willand Old Village, Cullompton, EX15

South West

£750,000
Listed on 01/05/2026

Property Details

Bedrooms
6
Type
Link Detached House
Area
3886 sqft

Description

The Elms is a historic Georgian residence in the heart of Old Willand Village, believed to have origins extending back around 250 years. This property boasts an impressive symmetrical façade with a classic columned portico that establishes its stately presence. With six bedrooms and expansive living areas, the interior offers considerable space to reimagine and enhance the home's charm over time. The ground floor welcomes you with a generous entrance hall, leading to elegant reception rooms—such as a drawing room featuring high ceilings and period detailing, as well as a snug with exposed beams and another fireplace for cozy gatherings. The kitchen-dining area is particularly noteworthy, designed for modern living with direct access to the garden through French doors. A traditional Royal oven adds character but may require some refurbishment. A unique aspect of this home is its secondary wing, which was once a coach house, providing an opportunity for ancillary accommodation or even rental income if adapted appropriately, subject to planning permissions. The ground floor also includes a utility room with potential for conversion into additional functional space. Upstairs, six bedrooms provide flexibility for family needs or workspace solutions. The property also features several bathrooms that may benefit from modernization. Externally, a gated driveway ensures privacy while offering ample parking. There is potential for developing the existing outbuildings into further garages or workshops, pending necessary consents. The rear garden presents an inviting outdoor area with room for landscaping improvements or extensions to enhance usable space. Additionally, the separate two-bedroom barn conversion on-site provides further possibilities—for guest housing or generating rental income—as it’s available by separate negotiation. Situated in an attractive village setting with strong community ties and easy access to amenities and transport links, The Elms not only holds historical significance but also significant potential for renovation and investment. With appropriate updates and care, this property could become a stunning family home well suited for contemporary living.

Investment Analysis

(EX15 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£193/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,293,921
10% above area average per sq ft
Potential ROI
+48.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -9.7%
5 year growth: -0.6%
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, Cullompton, EX15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,676
Based on a loan of £562,500 over 30 years at 3.97% 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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