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Elmhirst Drive, Totnes

South West

£325,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached bungalow, situated in the desirable area of Bridgetown in Totnes, presents an exciting opportunity for those eager to embark on a renovation project. With breathtaking views extending over Totnes and towards Dartmoor, the property is well-positioned to take full advantage of its scenic surroundings. Upon entering, you will find a spacious lounge featuring large windows that allow an abundance of natural light to fill the space while showcasing the picturesque views. The kitchen is equipped with essential wall and base-level units, an electric hob with oven, and ample space for a fridge freezer and washing machine. This area offers a blank canvas for transformation into a modern culinary hub. The bungalow includes two generously sized double bedrooms, each providing ample room for furnishings and personal storage. The bathroom also holds significant potential for a stylish update, allowing new owners to design it according to their tastes and preferences. Outside, the property features both front and rear gardens, ideal for enjoying the stunning vistas or hosting gatherings. A shared driveway leads to off-road parking and a garage, catering well to those who need parking space and extra storage options. As a freehold property connected to mains water, drainage, electricity, and equipped with electric heating, this bungalow offers practical living while embodying considerable investment potential. With no onward chain attached to the sale, this home could be an attractive choice for first-time buyers or investors aiming to renovate and enhance its appeal in a sought-after location. Don't miss this unique chance to make your mark on a charming property that blends tranquility with accessibility in Totnes.

Investment Analysis

(TQ9 area)
Area Average
£386/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ9)

Area prices are falling by +7.6% over the last 12 months
3 year growth: 0.9%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on TQ9 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

Elmhirst Drive, Totnes
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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
£1,191
Based on a loan of £243,750 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