Fox Close, Okehampton EX20

South West

£210,000

Listed on 09/12/2025

Property Details

Bedrooms

Type

Detached house

Area

624 sqft

Description

This semi-detached bungalow presents a promising chance for those looking to invest in a property with renovation potential. Located on the outskirts of Okehampton, this home is conveniently close to local amenities while offering a calm residential setting. The traditional layout includes two bedrooms, a spacious sitting room, and a conservatory, all positioned on a level plot that offers a south-facing rear garden—ideal for outdoor enthusiasts. The property does require modernisation, making it an excellent canvas for buyers who wish to incorporate their personal touches. Additionally, the driveway parking and integral garage add practical value. Viewing is strongly recommended to fully grasp the opportunities this property holds.

Investment Analysis

(EX20 area)

Above Market Value

This property is priced +17.2% above area average per sq ft

+17.2%

This Property

£337/sq ft

Area Average

£287/sq ft

Avg Rent (weekly)

£193

Avg Yield

3.2%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£197,065

10% above area average per sq ft

Potential ROI

-16.1%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

Fox Close, Okehampton EX20

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£757

Based on a loan of £157,500 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.