Worst House on the Street Logo
Castle Road, Dartmouth, Devon, TQ6 - Image 1
Castle Road, Dartmouth, Devon, TQ6 - Image 2
Castle Road, Dartmouth, Devon, TQ6 - Image 3
Castle Road, Dartmouth, Devon, TQ6 - Image 4
Castle Road, Dartmouth, Devon, TQ6 - Image 5
Castle Road, Dartmouth, Devon, TQ6 - Image 6
Castle Road, Dartmouth, Devon, TQ6 - Image 7
Castle Road, Dartmouth, Devon, TQ6 - Image 8
Castle Road, Dartmouth, Devon, TQ6 - Image 9
Castle Road, Dartmouth, Devon, TQ6 - Image 10
Castle Road, Dartmouth, Devon, TQ6 - Image 11

Castle Road, Dartmouth, Devon, TQ6

South West

£1,750,000
Listed on 21/09/2024

Property Details

Bedrooms
5
Type
Detached house
Area
6463 sqft

Description

This property presents a compelling opportunity for renovation and investment, set in a prime location along the picturesque banks of the River Dart. With planning permission already secured for two detached dwellings (ref: 0751/18/FUL), this listing features one of the two generously sized plots available, allowing for development of a contemporary home that encompasses over 6,000 square feet of living space. Designed by architect Lee Guilfoyle, the proposed residence includes spacious open-plan areas, which are ideal for modern living. The blueprint includes five en-suite bedrooms, a double garage, off-street parking, and a variety of practical spaces such as a utility room and even a lift. For leisure and entertainment, there’s potential for a dedicated games room and summer house. The outdoor space is particularly noteworthy, featuring multiple balconies attached to bedrooms as well as a roof terrace designed to maximize views over the water. The property benefits from direct access to a private boat mooring—a significant asset for boating enthusiasts—along with ample opportunities for kayaking and paddleboarding at nearby Warfleet Creek. Location-wise, this plot is situated less than a mile from Dartmouth’s town center, where you’ll find an array of shops, galleries, pubs, and restaurants. The area is rich in natural beauty with easy access to the South West Coast Path leading to landmarks such as Dartmouth Castle and Gallants Bower woodland. Furthermore, Dartmouth's deep-water port attracts visitors from around the globe and is celebrated as one of Europe's most scenic waterfronts. For those considering long-term investment potential, the site’s proximity to Totnes—only 15 miles away with its mainline rail link to London Paddington—along with convenient access to key roadways like the A38 connecting Plymouth and Exeter make this an attractive proposition. Overall, this property offers both significant renovation potential and the promise of capital appreciation in one of the South Hams' most desirable locations.

Investment Analysis

(TQ6 area)

Below Market Value

This property is priced -32.3% below area average per sq ft

-32.3%
Potential saving
This Property
£271/sq ft
Area Average
£400/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£750,000 - £1,000,000
Target Value
£2,841,587
10% above area average per sq ft
Potential ROI
+3.3%
After renovation
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

Castle Road, Dartmouth, Devon, TQ6
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,411
Based on a loan of £1,312,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE