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Highfield Drive, Waterside Park, Kingsbridge, TQ7

South West

£595,950
Listed on 11/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1521 sqft

Description

This spacious detached bungalow presents a unique opportunity for renovation and investment in the desirable Kingsbridge area of South Hams, Devon. Set on a generous double plot, the property is conveniently located within walking distance to the town center, which boasts a variety of shops, restaurants, pubs, leisure facilities, schools, and health services. Having been owned by the same family for nearly 50 years, this home is ready to be reimagined for modern living. The bungalow features three bedrooms, each offering ample space and potential for customization. The main bedroom includes fitted wardrobes and an en-suite shower room that can benefit from updating. Large windows throughout the home provide natural light and showcase lovely views of the estuary and surrounding countryside. The lounge/dining area serves as the heart of the home with its sizable dimensions and dual access points. A fireplace adds charm to this space while sliding patio doors lead into a bright conservatory that enhances the living area with panoramic garden views. This versatile space can be adapted for year-round use and further connects to the outdoor surroundings. In terms of functionality, the kitchen contains essential appliances along with sufficient storage options. A utility room adjoins it for added convenience. The exterior offers a wraparound garden on a corner plot that provides various avenues for expansion or landscaping projects, pending necessary planning permissions. This aspect alone grants significant investment potential as one could explore extending or modernizing both indoors and outdoors to increase value. For those looking for a property with great renovation prospects in a sought-after location, this bungalow offers an exciting canvas awaiting personal touch and creativity.

Investment Analysis

(TQ7 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£392/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£646,235
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -11.3%
5 year growth: 4.9%
Investment Disclaimer: Analysis based on TQ7 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

Highfield Drive, Waterside Park, Kingsbridge, TQ7
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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
£2,183
Based on a loan of £446,962 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