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North Street, Okehampton, Devon EX20 - Image 1
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North Street, Okehampton, Devon EX20

South West

£137,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This mid-terrace Victorian home presents a promising renovation opportunity for those looking to invest in a property with significant potential. Spanning three floors and featuring four bedrooms along with three reception areas, the layout offers ample space for transformation. Upon entering, you are greeted by an entrance hall that leads to several rooms on the ground floor. The sitting room boasts a classic Victorian cast iron grate, adding character that can be enhanced with modern updates. Adjacent to this is the dining room, which provides access to the outdoor area, while the breakfast room connects to a functional kitchen equipped with built-in cupboards and designated spaces for appliances. The first floor landing leads to three sizable bedrooms and a bathroom that includes essential fixtures; all of which are ripe for modernization. On the second floor, you will find another bedroom complemented by eaves storage, offering flexibility for various uses—from additional sleeping quarters to a home office. Outdoors, the property features a front garden enclosed by stone walling and a rear paved courtyard—ideal spaces for landscaping or creating outdoor living areas. Located in an area conducive to investment growth, this property is being offered through conditional online auction without any chain complications. The necessity for complete refurbishment means buyers can customize the home entirely to their vision while potentially increasing its market value through thoughtful renovations. With mains electricity, water, drainage, and gas services already connected, plus proximity to local amenities provided by West Devon Borough Council, this property represents not just a project but also an opportunity in today’s market.

Investment Analysis

(EX20 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£13,700 - £34,250
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX20)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 3.8%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on EX20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

North Street, Okehampton, Devon EX20
Map showing location of North Street, Okehampton, Devon EX20
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