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Green Close, Feock

South West

£1,500,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2598 sqft

Description

This property presents a remarkable renovation opportunity, set in an elevated position that offers expansive views over the Carrick Roads. Currently, it serves as a blank canvas awaiting your creative vision, with existing planning permission in place for both an extension and a comprehensive remodel. This allows potential buyers to tailor the home to their specific preferences and lifestyle needs. The layout includes a reception hall, kitchen, living room, dining area, bedroom, utility room, and a conservatory on the ground floor. Ascending to the first floor, you'll find three additional bedrooms along with designated space for a family bathroom. The overall design provides flexibility in reimagining the interior spaces. Surrounding the property are generous lawns positioned at the front, sides, and rear, along with an impressive long driveway that accommodates multiple vehicles and leads to an integral double garage. A detached store or workshop adds further utility to the outdoor space. A south-facing terrace invites opportunities for relaxation or entertaining while you enjoy the serene surroundings. Located just a short walk from Loe Beach—known for its café and sailing facilities—this property combines tranquility with accessibility. The backdrop of open farmland ensures privacy while enhancing the home's appeal as either a residence or a lucrative investment project. Additional features include mains electricity and water services with private drainage and oil-fired central heating. High-speed Full Fibre broadband is also available in the area, making it suitable for modern living needs. The property falls under Council Tax band G. For those looking for renovation potential in a picturesque setting, this home represents an exciting venture poised for transformation.

Investment Analysis

(TR3 area)

Above Market Value

This property is priced +48.3% above area average per sq ft

+48.3%
This Property
£577/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,112,827
10% above area average per sq ft
Potential ROI
-31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -14.5%
5 year growth: 22.0%
Investment Disclaimer: Analysis based on TR3 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

Green Close, Feock
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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
£5,495
Based on a loan of £1,125,000 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

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