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Down St Mary, Crediton EX17 - Image 1
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Down St Mary, Crediton EX17

South West

£500,000
Listed on 30/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled in the charming village of Down St Mary, this characterful barn conversion offers a unique opportunity for renovation and expansion. Approximately 10 years ago, it was thoughtfully transformed by a reputable local developer, blending traditional charm with modern building standards. The home boasts high levels of insulation, ensuring a warm and comfortable living environment with additional potential for growth. The southern end of the property has pre-laid foundations for a conservatory or extension (subject to planning), allowing for further customization without significantly disrupting the current layout. With an inviting central hallway leading to expansive living areas—including a spacious living room with a wood-burning stove and a kitchen/dining area that opens into the garden—this home features four well-proportioned bedrooms, two of which include en-suite facilities. Natural light floods the first floor through strategically placed roof lights, enhancing the ambiance throughout. The external space is equally appealing; accessible through double gates, the ample parking area accommodates multiple vehicles while maintaining privacy with its mix of walls and fencing. The manageable garden is mainly laid to lawn and includes an elevated terrace area created from the existing foundations, perfect for outdoor relaxation or entertaining. Down St Mary is surrounded by picturesque countryside offering wonderful walks right from your doorstep, with easy access to nearby amenities in Crediton just a short drive away. This unlisted property provides both character and versatility, making it an excellent investment for those looking to create their dream home in this idyllic setting.

Investment Analysis

(EX17 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on EX17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Down St Mary, Crediton EX17
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE