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East Allington, Totnes

South West

£650,000
Listed on 06/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3551 sqft

Description

This substantial detached farmhouse presents a unique renovation opportunity, featuring five bedrooms and situated in an elevated position that offers panoramic views of the surrounding valley. Set on a plot of 0.86 acres, which can be negotiated separately, the property is ripe for redevelopment while retaining its character and charm. It has been owned by one family for over eight decades and is now available for the first time, allowing prospective buyers to craft their ideal family home in this picturesque rural setting. With versatile accommodation currently structured into two separate living areas, there’s potential to reconfigure these spaces or incorporate the loft area into the main dwelling (subject to necessary permissions). Additional features include a lower ground floor cellar with external access, ideal for conversion into a useful space like a cinema room. The garden, framed by original stone walls and including ample parking facilities, further enhances the investment appeal of this property. Access to local amenities and outdoor pursuits in the South Hams countryside makes this an attractive location for those looking to enhance their investment in property.

Investment Analysis

(TQ9 area)

Below Market Value

This property is priced -52.4% below area average per sq ft

-52.4%
Potential saving
This Property
£183/sq ft
Area Average
£385/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£1,503,263
10% above area average per sq ft
Potential ROI
+87.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (TQ9)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +4.5%
5 year growth: +23.9%
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

East Allington, Totnes
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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
£2,344
Based on a loan of £487,500 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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