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Winstow Cottages, Chudleigh, Newton Abbot

South West

£415,000
Listed on 07/05/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
990 sqft

Description

Nestled within the serene landscape of the Ugbrooke Estate, this two-bedroom property offers a unique opportunity for renovation and investment in a picturesque rural setting. Surrounded by woodland, it presents a tranquil escape while still being conveniently located near local amenities. Upon entering, you’ll find a spacious lounge and dining area characterized by its dual stone fireplaces, which add both warmth and charm. The large windows invite ample natural light, creating an inviting atmosphere. The layout seamlessly connects to the kitchen, which boasts shaker-style cabinetry and modern appliances, including an eye-level double oven and integrated dishwasher. A walk-in larder provides additional storage options, making this space functional yet full of character. Access to the gardens from the kitchen enhances outdoor connectivity. The first floor features two well-proportioned double bedrooms equipped with built-in wardrobes that maximize storage space. The bathroom combines modern fixtures with classic touches, featuring a panelled bath and shower unit, catering to both comfort and utility. The property's expansive gardens are a significant highlight, offering considerable potential for landscaping or even developing an outdoor living area tailored to personal preferences. Additionally, remnants of an outbuilding on the premises present exciting possibilities for conversion into a home office or creative studio—contingent upon securing appropriate planning permissions. Further enhancing its appeal is a cellar providing extra storage space alongside housing the oil-fired boiler, adding practicality to this charming cottage. Beyond its immediate attributes, this location benefits from proximity to Chudleigh (2.5 miles away) and Kingsteignton, making everyday conveniences easily accessible. With excellent transport links via the nearby A38 and A380 routes to Exeter and Plymouth, commuting remains straightforward despite its peaceful rural ambience. This property not only showcases traditional character but also presents significant potential for further development or personalization. With some thoughtful renovations, it could evolve into an exceptional residence or investment opportunity in a sought-after area.

Investment Analysis

(TQ13 area)

Above Market Value

This property is priced +26.6% above area average per sq ft

+26.6%
This Property
£419/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£243
Avg Yield
2.6%

Renovation Potential

Est. Renovation Cost
£41,500 - £103,750
10-25% of property value
Target Value
£360,513
10% above area average per sq ft
Potential ROI
-30.5%
After renovation
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 1.0%
5 year growth: 13.2%
Investment Disclaimer: Analysis based on TQ13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Winstow Cottages, Chudleigh, Newton Abbot
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