Worst House on the Street Logo
Wrigwell Lane, Newton Abbot - Image 1
Wrigwell Lane, Newton Abbot - Image 2
Wrigwell Lane, Newton Abbot - Image 3
Wrigwell Lane, Newton Abbot - Image 4
Wrigwell Lane, Newton Abbot - Image 5
Wrigwell Lane, Newton Abbot - Image 6
Wrigwell Lane, Newton Abbot - Image 7
Wrigwell Lane, Newton Abbot - Image 8
Wrigwell Lane, Newton Abbot - Image 9
Wrigwell Lane, Newton Abbot - Image 10
Wrigwell Lane, Newton Abbot - Image 11

Wrigwell Lane, Newton Abbot

South West

£850,000
Listed on 07/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2534 sqft

Description

Nestled in a serene hamlet, this expansive detached farmhouse presents a unique opportunity for both renovation and investment. Set against a backdrop of 3.62 acres that includes an additional field and woodland, the property has been in the same family for nearly a century, reflecting its enduring appeal and potential. The home features six bedrooms, providing ample space for family living or potential rental income. In addition to the main farmhouse, there is a self-contained two-bedroom annex with its own entrance, ideal for guests or as a separate rental unit. This versatile layout offers various possibilities for use or conversion depending on your needs. Upon entering, you are welcomed by an entrance hall that leads to multiple living areas. The kitchen is equipped with fitted units and ample storage options but offers opportunities for modernization. A cozy living room boasts double-glazed windows and a traditional stone fireplace with an electric wood burner, creating a comfortable space to unwind. The dining room flows into a conservatory that captures picturesque views of the surrounding fields—ideal for enjoying morning coffee or hosting gatherings. The first floor houses four well-sized bedrooms and a separate dressing room with built-in wardrobes. Although some updates may be desired, these spaces hold considerable potential for personalization or expansion if desired. A family bathroom completes this level. Outside, the property benefits from extensive grounds that include formal gardens and access to additional land and woodlands. There is parking available for multiple vehicles, making it convenient for larger families or guests. Located just outside the vibrant village of Ipplepen, this farmhouse combines rural tranquility with accessibility to local amenities. Nearby towns such as Totnes and Newton Abbot offer railway connections and a range of shops and services, while the local community provides recreational facilities including parks, schools, and social clubs. Overall, this property not only offers spacious accommodation but also presents significant renovation opportunities that could enhance its value over time—an attractive prospect for investors looking to make their mark in this appealing location.

Investment Analysis

(TQ12 area)

Above Market Value

This property is priced +7.5% above area average per sq ft

+7.5%
This Property
£335/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£869,390
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TQ12)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -1.8%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on TQ12 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

Wrigwell Lane, Newton Abbot
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,114
Based on a loan of £637,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE