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East Street, Okehampton EX20

South West

£140,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1195 sqft

Description

This spacious cottage presents an exciting opportunity for those looking to invest in a renovation project, offered with the advantage of no onward chain. While the property does require modernization, its central location in Okehampton provides excellent accessibility to local amenities, schools, parks, and the train station—all within walking distance. The layout features three bedrooms, multiple living spaces including a generous living room and kitchen, and practical utility and WC facilities. Outside, a rear courtyard garden enhances the property's appeal alongside off-road parking access via Crediton Road. This is a prime chance to enhance a character home while enjoying all that this vibrant town has to offer.

Investment Analysis

(EX20 area)

Below Market Value

This property is priced -59.2% below area average per sq ft

-59.2%
Potential saving
This Property
£117/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£377,393
10% above area average per sq ft
Potential ROI
+115.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +2.4%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on EX20 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

East Street, Okehampton EX20
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 over 30 years at 4.06% 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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