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Greenhill, East Allington

South West

£350,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1080 sqft

Description

This 3-bedroom link-attached bungalow offers a unique opportunity for renovation and investment, nestled in a picturesque village that provides a serene backdrop of open fields and stunning countryside views. Although the property requires some modernization, its spacious design and abundant natural light create a welcoming atmosphere that has the potential to become a cherished home. Upon entering, you are greeted by an entrance porch leading to a cloakroom, which opens into a large sitting/dining room featuring a fireplace and views over the front garden. The kitchen is functional, equipped with ample fitted units, integrated appliances, and a Sandyford Range Cooker, presenting an excellent foundation for updates or reconfiguration. An inner hall with built-in storage connects to three bedrooms—two generous doubles with fitted wardrobes and one single room—providing versatile living options. A highlight of this bungalow is the triple-aspect sunroom that beautifully integrates indoor and outdoor spaces while offering sweeping views of the rear garden and beyond. The outdoor areas consist of sizable front and rear gardens with patio seating arrangements perfect for relaxation or entertaining. Additionally, off-street parking and a garage/workshop enhance the property's practicality, giving you secure space for vehicles or hobbies. Located in the close-knit rural community of East Allington, residents enjoy access to local amenities including a pub, church, recreation ground, and well-respected primary school. The surrounding undisturbed countryside is ideal for outdoor enthusiasts, while the nearby coastal areas and charming towns such as Kingsbridge, Totnes, and Salcombe provide additional commercial and leisure opportunities. This property stands as an ideal canvas for those looking to invest in renovations that could elevate its charm while benefiting from its advantageous position in a desirable village setting. Whether you're planning on creating your dream home or seeking an investment opportunity in this sought-after area, this bungalow is worth considering.

Investment Analysis

(TQ9 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£324/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Target Value
£453,935
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TQ9)

Area prices are falling by +13.3% over the last 12 months
3 year growth: 2.3%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on TQ9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Greenhill, East Allington
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