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Riverside Road, Dittisham

South West

£1,250,000
Listed on 17/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Positioned prominently along Riverside Road, this 3-bedroom residence, known as Pennymead, benefits from spectacular south-facing vistas overlooking Dittisham village and the River Dart. Spanning a substantial 0.28-acre plot, the property presents considerable opportunities for expansion and enhancement. Currently rated EPC band F, the home requires improvements but offers a blank canvas for investors or buyers looking to capitalise on its prime location. Dittisham is celebrated for its charm and community spirit, featuring essential amenities such as a church, post office/general store, two pubs, and a waterside café. Nearby attractions include deep water moorings and Greenway estate, which is accessible via the Greenway Ferry. The vibrant naval port of Dartmouth is just 6 miles away, offering diverse retail and leisure options. The renowned Blackpool Sands beach and Dartmoor National Park are also within easy reach. The property's layout primarily exists on the first floor, where a spacious sitting/dining area maximises those stunning views through large sliding windows. The kitchen opens to an inviting terrace ideal for outdoor dining while enjoying the panorama. With three bedrooms—one with ensuite facilities—and various other amenities including a utility room and garage with internal access, Pennymead has significant scope for modernisation. Notably, there is ample potential to extend or upgrade the existing structure in line with neighbouring properties (subject to planning permissions). Outside features include a sweeping driveway leading up to the house accompanied by well-maintained gardens that could be further developed into attractive landscaping or vegetable plots. Overall, this property not only promises comfortable living but also represents an exciting project for those eager to enhance its value in a sought-after area.

Investment Analysis

(TQ6 area)
Area Average
£400/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (TQ6)

Area prices are falling by +14.0% over the last 12 months
3 year growth: -20.4%
5 year growth: -10.4%
Investment Disclaimer: Analysis based on TQ6 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

Riverside Road, Dittisham
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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
£4,579
Based on a loan of £937,500 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