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Chenson, Chulmleigh, EX18

South West

£250,000
Listed on 03/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
829 sqft

Description

This charming end-of-terrace stone cottage features two bedrooms and is nestled in a serene rural setting near Eggesford Forest. With easy access to transport links, including a train station just a short distance away, this property is strategically positioned for both peaceful living and convenience. Currently available with no onward chain, the home presents an excellent investment opportunity. The interior offers a simple yet functional layout comprising two reception rooms. The main lounge, complete with a wood-burning stove, serves as a cozy gathering space, while the versatile second reception room can be adapted for dining or daily activities based on your needs. Both bedrooms are generously sized doubles with south-facing windows that provide delightful views of the garden. Although some updating is required throughout, this cottage lays the groundwork for personalization and modern improvements, making it ideal for those looking to renovate according to their taste. The substantial front garden enhances the property's appeal, boasting ample space for landscaping or outdoor seating arrangements. Additional highlights include off-road parking and a garage. There are also several stone outbuildings adjacent to the house, offering promising prospects for additional storage or alternative uses pending necessary permits. The picturesque stream running beside the stone barns adds to the overall charm of this property. In essence, this residence will appeal to buyers seeking tranquility alongside ample scope for renovation and enhancement in an idyllic rural location.

Investment Analysis

(EX18 area)

Above Market Value

This property is priced +7.4% above area average per sq ft

+7.4%
This Property
£302/sq ft
Area Average
£281/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£256,016
10% above area average per sq ft
Potential ROI
-14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by -19.1% over the last 12 months
3 year growth: -16.5%
5 year growth: -3.8%
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

Chenson, Chulmleigh, EX18
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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
£892
Based on a loan of £187,500 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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