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South West
£350,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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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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