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Upcott Hill, Okehampton, Devon

South West

£300,000

Listed on 12/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1047 sqft

Description

Nestled on a spacious plot of just under one-fifth of an acre, this property presents a valuable investment opportunity. It features two double bedrooms along with two reception rooms that offer ample living space. While the interior is in need of updating, the property's prime location and generous land size provide significant potential for transformation and possible extension, pending necessary permissions. This is an ideal canvas for buyers looking to create a bespoke home or capitalize on its renovation potential.

Investment Analysis

(EX20 area)

Above Market Value

This property is priced +0.2% above area average per sq ft

+0.2%
This Property
£287/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£329,386
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -4.7% over the last 12 months
3 year growth: +0.2%
5 year growth: +7.0%
Investment Disclaimer: Analysis based on EX20 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

Upcott Hill, Okehampton, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% 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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