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South West
£295,000
Listed on 04/10/2026
Listed on 04/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow presents a solid opportunity for those looking to invest in a project. With a guide price of £295,000, it sits slightly below the local average at £267/sqf, making it a reasonable entry point for potential buyers. The property is dated but offers a canvas for improvement across its three double bedrooms, dated kitchen, and living areas that show signs of age. The modern wet room is a highlight, providing a good starting point for renovations.
The bungalow is set in a desirable cul-de-sac in South Molton, with a garden that has good potential for enhancement. While the all-in costs of approximately £355,000 appear tight against local benchmarks, the absence of onward chain adds to its appeal. With a medium refurbishment scale, there's ample opportunity to modernize and add value, especially considering the potential for further development (subject to necessary consents).
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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