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Land Park, Chulmleigh EX18

South West

£350,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Set on a generous plot of approximately 0.2 acres, this 3-bedroom detached bungalow presents a unique opportunity for renovation and investment. While the property is in need of updating, it features an appealing layout with potential for modern enhancement. The interiors include a triple aspect sitting room that offers ample natural light, along with a kitchen, shower room, and separate WC. The bedrooms are thoughtfully sized, with the master bedroom featuring built-in cupboards for added convenience. Each space can be reimagined to suit your vision. Accessed by a long driveway, the property includes off-road parking and an attached garage equipped with an electric roller door for ease of use. A side pedestrian entrance leads to expansive gardens that wrap around the side and rear of the home, providing significant outdoor space that could be further developed or simply enjoyed as-is. Located on the outskirts of Chulmleigh, this bungalow is within a vibrant community known for its charm and local amenities. The town offers essential services such as shops, including a butcher, bakery, dairy, newsagent, and more. Families will appreciate the nearby Chulmleigh Academy catering to students from ages 3 to 16. Additional amenities include a health center, dental surgery, library, public houses, community sports center, and an 18-hole golf course. For those seeking broader offerings, South Molton and Crediton market towns are easily accessible. The local railway station at Eggesford is just two miles away, providing direct connections between Exeter and Barnstaple. Road access is convenient via the A377 or North Devon Link Road to South Molton. Both Barnstaple and Exeter offer extensive shopping and leisure options while also being well-connected by road and rail for further travel – including quick access to Tiverton Parkway station for Intercity links to London Paddington. This property not only offers immediate comfort but significant potential for future enhancement in a desirable location immersed in Devon's welcoming rural landscape.

Investment Analysis

(EX18 area)
Area Average
£288/sq ft

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Monthly Sales
4
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by +9.9% over the last 12 months
3 year growth: -5.8%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on EX18 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

Land Park, Chulmleigh EX18
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