Worst House on the Street Logo
The Square, Moretonhampstead - Image 1
The Square, Moretonhampstead - Image 2
The Square, Moretonhampstead - Image 3

The Square, Moretonhampstead

South West

£350,000

Listed on 08/10/2026

The listing

Property details

Bedrooms
6
Type
Terraced
Area
2388 sqft

Description

This mixed-use residential and commercial property presents a unique investment opportunity in the heart of Moretonhampstead, a charming town within Dartmoor National Park. The property, which has previously served as a rental investment, is now in need of extensive modernisation and refurbishment, including structural work. Spanning four floors, including a spacious basement, it is strategically located at a prominent crossroads, offering significant potential for various uses once renovated. Moretonhampstead is known for its vibrant community and artistic spirit, featuring numerous galleries and local shops. The town provides essential amenities and easy access to major routes, making it an attractive location for both residents and visitors. This property represents a rare chance to create a profitable venture in a desirable area. Interested parties are encouraged to conduct their own due diligence regarding the extent of necessary renovations and the potential for future use.

WHOTS analysis

Our WHOTS verdict

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

70out of 100
Grade BGood opportunity

Confidence: MEDIUM

This terraced house in Moretonhampstead presents a compelling opportunity for those looking to invest in a substantial renovation project. Priced at £350,000, the asking price is notably cheap at £147/sqf compared to the local average of £342/sqf. This significant gap offers a chance to acquire a property with extensive potential for value creation in a thriving Dartmoor town.

However, the property requires extensive renovations throughout, with visible damage noted in living areas and bedrooms, alongside structural issues on the exterior. The kitchen and bathroom are dated, presenting further opportunities for improvement. With a comprehensive renovation budget estimated between £100,000 and £250,000, this project is not for the faint-hearted but promises significant upside once complete. The prime location and mixed-use potential add to the allure, making this a noteworthy investment for those willing to roll up their sleeves and transform it into a profitable venture.

Key opportunities

  • Substantial renovation potential to modernize and enhance the property's layout and character.
  • Opportunity to develop the mixed-use potential of the building in a thriving market town.
  • The sizeable basement level offers additional scope for creative use or expansion.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.
  • Visible structural issues noted on the exterior could require further assessment.
  • Extensive visible damage and neglect throughout may lead to unexpected costs during renovation.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

The Square, Moretonhampstead
Loading map...

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
£1,322
Based on a loan of £262,500 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.

Tax

Stamp duty calculator

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

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Nearby

Similar properties

Other listings you may want to compare.