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Greenham, Wellington, Devon TA21 - Image 1
Greenham, Wellington, Devon TA21 - Image 2
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Greenham, Wellington, Devon TA21

South West

£565,000
Listed on 12/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1408 sqft

Description

This three-bedroom detached home, built around 100 years ago, is set in a semi-rural location offering expansive countryside views and within the desirable Uffculme School catchment area. While the property has been updated over the years, it presents an excellent opportunity for further enhancement and expansion, subject to obtaining the necessary planning permissions. The entrance leads into a welcoming hall, with a spacious sitting room featuring large windows that frame picturesque rural scenery and a central fireplace with a woodburning stove. The dining room also enjoys views through its sizable front window and shares the warmth of a second woodburning stove. The kitchen is functional but could benefit from modernisation, currently equipped with cream units and essential appliances. Just off the kitchen, a utility room offers additional space for laundry needs. Upstairs, you will find three well-proportioned bedrooms, including one that currently serves as a dressing room. The family bathroom features traditional fixtures while providing opportunities for updates. Outside, the property boasts ample parking space alongside a double garage equipped with power. The gardens surround the home, providing potential for landscaping or outdoor enhancements that take advantage of the tranquil setting. This residence not only allows you to immerse yourself in peaceful country living but also offers significant potential for investment through renovation projects.

Investment Analysis

(TA21 area)

Above Market Value

This property is priced +37.1% above area average per sq ft

+37.1%
This Property
£401/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£453,411
10% above area average per sq ft
Potential ROI
-26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -7.4%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on TA21 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

Greenham, Wellington, Devon TA21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,070
Based on a loan of £423,750 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