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Chawleigh, Chulmleigh EX18

South West

£250,000

Listed on 17/06/2026

Property details

Bedrooms
3
Type
End Terrace
Area
915 sqft

Description

Nestled away from the A377, this quaint stone cottage, one of just four former properties owned by the Earl of Portsmouth, is situated in an idyllic rural setting with expansive countryside views. Its location offers excellent connectivity, being a short distance from both Crediton and Chulmleigh, while Eggesford station on the Tarka Line provides convenient rail links. The nearby Eggesford Forest boasts fantastic walking trails right on your doorstep. The cottage presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. While it remains habitable in its current state, some cosmetic updates would enhance its appeal and allow a new owner to personalize the home fully. The generous space—both inside and outside—along with the existing features makes it an attractive investment. Inside, you will find a comfortable living room featuring a wood burner that provides both warmth and hot water via radiators, supplemented by an immersion heater. The kitchen and separate dining room offer functional areas for family gatherings, along with a rear lean-to that adds utility space and storage options. The upper level includes three bedrooms and a family bathroom, where two of the bedrooms benefit from delightful views over the surrounding landscape. Outside is where this property truly shines. There's ample parking for multiple vehicles alongside a garage and three stone outbuildings providing significant storage potential. The front garden delivers ample outdoor space complemented by captivating views that emphasize a tranquil countryside lifestyle. Notably, the cottage relies on a private tested water supply and drainage system, eliminating mains water costs while being connected to mains electricity—with available options for generator use if necessary.

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Investment analysis

(EX18 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£273/sq ft
Area Average
£277/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£278,750
10% above area average per sq ft
Potential ROI
+1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by -17.3% over the last 12 months
3 year growth: -12.1%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on EX18 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

Chawleigh, Chulmleigh EX18
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp duty calculator

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