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Fore Street, Kingsbridge

South West

£200,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
850 sqft

Description

This property presents an excellent opportunity for those interested in renovation or investment within the vibrant community of Kingsbridge. Located conveniently close to the town center, the flat offers easy access to a wide array of local amenities, including independent shops, cafes, restaurants, supermarkets, and recreational facilities—all enhancing its appeal for potential buyers or renters. The accommodation includes a welcoming entrance hall that leads to a practical downstairs cloakroom. The spacious kitchen/dining area provides a fantastic foundation for modern updates while the large living room, with its front-facing window, is ready to be transformed into a comfortable gathering space. Upstairs, the flat features three bedrooms along with a shower room, all of which are in need of modernization. This presents a blank canvas for creativity and personal design choices. Given its location above the picturesque estuary town of Kingsbridge, this property also enjoys proximity to water-based activities thanks to nearby moorings and slipway access. The surrounding area is known for its scenic beauty and outdoor lifestyle options, making it attractive not only for residential purposes but also as a rental investment targeting those who appreciate coastal living. For buyers looking to put their stamp on a property with promising growth potential, this flat embodies both character and opportunity. The requirement for renovations allows you to customize the space according to your preferences while benefiting from the increasing demand in this thriving town.

Investment Analysis

(TQ7 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£235/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£282
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£370,961
10% above area average per sq ft
Potential ROI
+48.4%
After renovation
Monthly Sales
12
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -9.5%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on TQ7 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

Fore Street, Kingsbridge
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