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South Pool, Kingsbridge

South West

£1,000,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1405 sqft

Description

This property comprises a pair of semi-detached cottages, both unlisted, presenting a unique opportunity for renovation and modernisation. Nestled alongside a creek in the picturesque village of South Pool, these cottages have remained within the same family for almost a century, indicating their strong historical value and potential for restoration. Given their separate titles, there is an opportunity to either merge them into a single family residence or restore both as individual homes, subject to planning permissions. The surrounding area is well-known for its natural beauty and community spirit, making it an attractive locale for potential buyers or renters. With close proximity to the Salcombe estuary and various recreational activities including sailing and walking trails, this property appeals to those who seek both tranquillity and outdoor pursuits. Each cottage currently features a reception room, kitchen space, two bedrooms, and a bathroom but requires extensive refurbishment to meet modern living standards. The large garden offers stunning views of the estuary and has potential for landscaping or further development. The added presence of a stone barn on-site offers additional possibilities for conversion. With mains water and electricity available, yet lacking modern central heating and drainage compliance, this project significantly invites creativity and investment to preserve its charm while enhancing functionality.

Investment Analysis

(TQ7 area)

Above Market Value

This property is priced +82.8% above area average per sq ft

+82.8%
This Property
£712/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£601,895
10% above area average per sq ft
Potential ROI
-46.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -11.4%
5 year growth: +5.7%
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

South Pool, Kingsbridge
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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
£3,607
Based on a loan of £750,000 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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