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Gittisham, Honiton, Devon EX14 - Image 1
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Gittisham, Honiton, Devon EX14

South West

£150,000
Listed on 18/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
657 sqft

Description

This Grade II listed end-of-terrace cottage presents a compelling opportunity for renovation enthusiasts, located in the picturesque village of Gittisham, East Devon. Boasting two bedrooms, this property is in need of comprehensive modernization, allowing for a personalized touch to create your ideal retreat within this charming community. The cottage features traditional materials, including a mixture of stone and cobb alongside a thatched roof, which add both character and potential historical appeal. On the ground floor, you will find a lounge equipped with a fireplace that could serve as an inviting focal point after refurbishment. The galley kitchen leads to a side door and lobby area with a downstairs bathroom. Ascending to the first floor reveals a substantial bedroom along with access to a second bedroom that offers additional space suitable for transformation into an impressive walk-in wardrobe. Notably, there exists a flying freehold area adding uniqueness to the layout. Electric heating is in situ but has not been tested, necessitating consideration during the renovation process. Residing at the heart of Gittisham allows residents to enjoy communal activities and local events while being just minutes away from the amenities of Honiton. Outdoor space is also available, with access to gardens providing opportunities for landscaping or personal gardens. This property stands as an exceptional blank canvas for those looking to invest in home improvements within one of Devon's most desirable villages.

Investment Analysis

(EX14 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£228/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£234,480
10% above area average per sq ft
Potential ROI
+1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -1.9%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on EX14 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

Gittisham, Honiton, Devon EX14
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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
£549
Based on a loan of £112,500 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