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Creekside,NOSS MAYO,South Devon

South West

£750,000
Listed on 26/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1422 sqft

Description

Nestled in the scenic coastal village of Noss Mayo, this three-bedroom detached property, complete with a self-contained annex, represents an exciting opportunity for those looking to invest in a project with significant renovation potential. The home combines spacious living areas with breathtaking views of the surrounding estuary and countryside, making it an ideal canvas for customization. The main residence features a generous lounge and dining area bathed in natural light, where you can enjoy the warmth of an open fire. Large double doors open onto a west-facing timber balcony, providing a perfect spot to unwind while soaking in panoramic vistas. The layout includes two comfortable bedrooms and a family bathroom, alongside a separate kitchen that offers ample space for casual dining. Below the primary living space lies the self-contained annex, which is versatile enough for guest accommodation or could serve as a holiday rental. It features an open-plan living area with kitchenette facilities, a sleeping area, and its own bathroom—ideal for additional income or multi-generational living arrangements. Outdoor spaces surround the home with established front and rear gardens that present opportunities for landscaping enhancements. There’s also a workshop with an adjoining wood store and areas conducive to outdoor storage, potentially accommodating kayaks or bicycles. Additionally, there is off-road parking available. Recent updates to the property include an air source heat pump system, solar thermal installation, solar panels, new radiators, and improved loft insulation—all contributing to energy efficiency. The design allows for further expansion or reconfiguration (subject to planning permissions), enabling you to tailor the interior according to your vision. In terms of location, Newton Ferrers and Noss Mayo boast a desirable riverside setting within the South Hams Area of Outstanding Natural Beauty. Residents benefit from various local amenities such as shops, pubs, churches, and access to recreational activities including sailing at the nearby yacht club. With Plymouth city center just a short commute away, this property combines tranquil village life with convenient access to urban conveniences. This estate presents not only a charming home but also considerable investment potential in an increasingly sought-after area.

Investment Analysis

(PL8 area)

Above Market Value

This property is priced +36.1% above area average per sq ft

+36.1%
This Property
£527/sq ft
Area Average
£388/sq ft
Avg Rent (weekly)
£307
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£606,206
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 16.1%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on PL8 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

Creekside,NOSS MAYO,South Devon
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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
£2,747
Based on a loan of £562,500 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