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6.5 Acres - Modbury, Ivybridge, Devon, PL21

South West

£800,000

Listed on 14/07/2025

Property details

Bedrooms
3
Type
Bungalow

Features

  • garage
  • garden
  • parking

Description

This secluded smallholding offers a unique chance for those looking to invest in property with significant renovation potential. Set against the backdrop of the picturesque South Hams countryside, this site includes a Woolaway bungalow, multiple outbuildings, and approximately 6.5 acres of gently sloping land. The location provides both privacy and proximity to the charming market village of Modbury, known for its vibrant community and amenities. The bungalow itself features spacious living areas including a dual-aspect sitting room and three sizable bedrooms, though it may benefit from modernizing updates to truly maximize its appeal. There is also potential to enhance the outbuildings, which include a single-storey barn historically used for livestock and additional storage spaces—ideal for conversion into guest cottages or studios, subject to planning approvals. The property's unique hillside position not only boasts scenic views towards Dartmoor National Park but also presents opportunities for equestrian interests or agricultural endeavors. With existing infrastructure like mains electric and oil-fired heating already in place, aspiring renovators can focus on creative redevelopment within this attractive rural landscape. This is complemented by the property's great accessibility to local transport links and schools, further enhancing its investment appeal.

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Location

6.5 Acres - Modbury, Ivybridge, Devon, PL21
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,022
Based on a loan of £600,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-5.9% since listed
£800,000£50,000(-5.9%)
20/03/2026
Current price
£850,000Initial listing
03/10/2025

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