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Gloucester Road, Teignmouth, TQ14

South West

£220,000
Listed on 07/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

This three-bedroom property offers a significant opportunity for renovation and investment, situated in a quiet corner accessed off Gloucester Road. The approach leads through a front garden that features a mix of lawn and patio spaces, bordered by mature bushes and fruit trees, creating potential for an inviting outdoor area. Upon entering, you're greeted by high ceilings and classic period details in the spacious hallway, which includes an understairs storage cupboard housing the combination boiler. The layout consists of well-proportioned rooms, each with its own character. The light-filled lounge boasts a large uPVC window overlooking the front garden, complemented by charming features such as picture rails and an electric fire with a wood surround. The separate dining room provides another functional space with views of the rear courtyard garden. It features original elements like a tiled fireplace, making it an attractive spot for meals or gatherings. The kitchen is equipped with ample wall and base units and presents scope for modernization; it has two uPVC windows that offer views of the courtyard and is fitted with essential appliances. Moving to the first floor reveals additional potential; the split-level landing accesses three bedrooms, each offering unique characteristics. The main bedroom is generously sized with dual aspect views over the front garden, original fireplace details, and wooden flooring. The second double bedroom overlooks the rear courtyard while maintaining similar vintage charm. A smaller third bedroom completes this floor, perfect for guests or as a home office. The shower room includes modern fixtures such as a walk-in shower and is designed to accommodate future upgrades if desired. Outside, the south-facing front garden offers both peacefulness and potential enhancement opportunities. Meanwhile, the rear courtyard provides access to Grove Crescent and presents additional possibilities for landscaping or gardening enthusiasts. With mains services including gas, water, and electricity already in place along with ultrafast broadband capabilities (up to 1000 Mbps), this property not only serves as a comfortable residence but also as an attractive investment aimed at those looking to enhance its value through renovations.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£232/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£340,167
10% above area average per sq ft
Potential ROI
+26.0%
After renovation
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
28%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +7.5%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on TQ14 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

Gloucester Road, Teignmouth, TQ14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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