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Lime Street, Moretonhampstead

South West

£225,000

Listed on 06/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom cottage in Moretonhampstead, located within the picturesque Dartmoor National Park, presents a significant renovation opportunity. The property, primarily constructed from stone, requires comprehensive refurbishment throughout. The accommodation includes a living room, kitchen, three bedrooms, an upstairs bathroom, and a conservatory. A standout feature is the large garden, set on a plot of 0.173 acres, which not only offers ample outdoor space but also potential for extension or even the development of an additional dwelling, subject to necessary permissions. The current owner has initiated a pre-application with the Dartmoor National Park Authority, details of which are included in the legal pack. There is also ample parking available, enhancing the property's appeal for families or investors alike.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: LOW

This three-bedroom semi-detached house in Moretonhampstead is a substantial renovation project, offering a blank canvas for those looking to create a unique home. The property features a large garden on a 0.173-acre plot, which holds potential for extension or even the development of an additional dwelling, subject to the necessary permissions. The interior shows signs of neglect, with dated finishes throughout, including the living room, bedrooms, and kitchen. The exterior also appears weathered, with peeling paint needing attention.

While the overall condition is challenging, this property presents an exciting opportunity for those willing to undertake extensive refurbishment. The asking price of £225,000 positions this home as an intriguing option in the local market, though the absence of specified floor area makes it difficult to assess its value against local £/sqf averages. It's important to note that the extensive renovation required means that potential buyers should be prepared for a full-gut programme, rather than just cosmetic updates. Bidding in a normal sale method could yield a price higher than the guide, so interested parties should factor that into their plans.

Key opportunities

  • The large garden offers significant development potential, possibly allowing for an additional dwelling pending permissions.
  • Extensive renovation provides a chance to fully customize the interior layout and finishes to suit personal tastes.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Lime Street, Moretonhampstead
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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