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PL21 9NU

South West

£925,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This distinctive property presents a unique investment opportunity, encompassing a spacious three-bedroom barn conversion alongside an attached two-bedroom cottage and a two-bedroom flat above a garage. Nestled in serene gardens within the desirable South Hams region, this estate offers various options for generating rental income or merging the main residence with the cottage to create a five-bedroom family home. The property benefits from proximity to Plymouth (approximately 10 miles), Exeter (40 miles), and easy access to the A38, providing excellent connectivity. The main residence features ample living space with an inviting hallway leading to a dining room and lounge that boasts characterful features such as exposed beams and stonework, along with picturesque views of surrounding fields. The kitchen has seen recent updates but allows scope for personalization. The first floor includes three bedrooms, with the master suite offering an en-suite shower room. The attached cottage, equally charming, comprises an open-plan lounge/dining area and a functional kitchen, complemented by two well-sized bedrooms and a bathroom on the upper level. Above the garage, the holiday flat comprises two additional bedrooms each with en-suite facilities. While much of the property is well-maintained, certain areas—particularly the swimming pool which requires attention—signal potential for enhancement or modernisation tailored to your vision. This property represents not just a home, but a substantial opportunity for renovation and development in one of England's most picturesque countryside settings.

Investment Analysis

(PL21 area)
Area Average
£333/sq ft

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
23
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -0.8%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on PL21 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

PL21 9NU
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,389
Based on a loan of £693,750 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