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Orchard Way, Stoke Gabriel, Totnes, Devon, TQ9

South West

£450,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1271 sqft

Description

This three-bedroom detached bungalow is situated on a spacious corner plot in the desirable village of Stoke Gabriel, presenting a unique opportunity for renovation and investment. The property boasts a generous wrap-around garden that not only enhances the outdoor living space but also offers significant potential for landscaping and gardening projects. With ample room for creativity, the garden can be transformed into a personal retreat or an entertainer's paradise. The bungalow includes driveway parking along with a garage, ensuring convenience for residents and visitors alike. Inside, the layout features well-proportioned rooms that provide a solid foundation for updates and modernization. While the interior is functional, it would greatly benefit from refreshing, allowing future owners to tailor the space to their preferences and lifestyle. Stoke Gabriel is known for its picturesque setting along the River Dart, fostering a strong sense of community among its residents. The village offers essential amenities such as a local shop, reputable primary school, inviting pubs, and a scenic quay—all contributing to an appealing village atmosphere. Furthermore, its proximity to Totnes and the South Hams coastline strikes an excellent balance between serene rural living and accessibility to nearby urban conveniences. This property represents not just a home but also an investment opportunity in a sought-after location where demand remains strong. With thoughtful renovations, this bungalow can be transformed into both a comfortable residence and an asset with considerable value appreciation potential over time.

Investment Analysis

(TQ9 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£354/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£534,214
10% above area average per sq ft
Potential ROI
-5.0%
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

Orchard Way, Stoke Gabriel, Totnes, Devon, TQ9
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