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Smeatharpe, Honiton, Devon, EX14

South West

£250,000

Listed on 13/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
1080 sqft

Description

This spacious three-bedroom detached bungalow presents a unique renovation opportunity set in the tranquil village of Smeatharpe, nestled within the picturesque Blackdown Hills. With a full refurbishment required, Clouds Hill offers the potential to transform this property into a tailored country retreat, taking advantage of its generous garden spaces and existing solar array with battery storage. The layout includes an entrance porch, sizable lounge, kitchen, large conservatory, three bedrooms, and separate facilities like a bathroom and WC. Already fitted with double glazing and storage heating, it offers a solid base for those looking to customize their dream home. Located conveniently between Honiton and Taunton, this property is ideal for buyers interested in creating a bespoke living space surrounded by idyllic countryside.

Investment analysis

(EX14 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£231/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£389,486
10% above area average per sq ft
Potential ROI
+14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by -9.8% over the last 12 months
3 year growth: -12.0%
5 year growth: -0.5%
Investment Disclaimer: Analysis based on EX14 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

Smeatharpe, Honiton, Devon, EX14
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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
£944
Based on a loan of £187,500 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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