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Cockhaven Close, Bishopsteignton, TQ14

South West

£247,500
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
850 sqft

Description

This three-bedroom mid-terraced house is situated in the desirable village of Bishopsteignton, making it an appealing option for both families and investors. The property offers a solid foundation for anyone looking to modernize and revitalize it, presenting considerable renovation potential. As you enter, the vestibule creates a welcoming space ideal for storing shoes and coats. From here, the hallway leads into the kitchen and lounge, with stairs ascending to the upper floor. The lounge stands out with its two large windows that bring in natural light while providing views of both the front garden and the enclosed rear garden. A stone fireplace with a wood-burning stove adds character, and picture rails offer an opportunity to enhance its charm during any updates. The kitchen is spacious and functional, with room for a dining table and ample potential for custom cabinetry and counter space. It features electric connections and plumbing for appliances, as well as a door leading to the garden area where there’s additional storage provided by a brick-built outbuilding. Upstairs, you'll find three bedrooms along with a wet room and separate WC. The first bedroom boasts a deep bay window that frames picturesque views of the estuary, perfect for enjoying stunning sunsets. Bedroom two also benefits from similar scenic views through its front-facing window. The third bedroom serves well as a cozy single room filled with morning sunlight. The wet room is partially tiled and includes a walk-in shower—ideal for easy updates—and there’s also a separate WC. The property has gas central heating and double glazing but does require modernization throughout, allowing new owners to tailor it to their tastes. Outside, the level front garden features lawn space leading up to the entrance while the rear offers an enclosed area complete with mature bushes and fruit trees. Located within walking distance of local amenities in Bishopsteignton makes this home particularly attractive for those seeking convenience alongside investment potential. With thoughtful renovations, this property could transform into a lovely family residence or be developed further into a rental opportunity in this sought-after area. Overall, this house not only presents immediate living possibilities but also invites creative updates that can significantly increase its value over time.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -11.3% below area average per sq ft

-11.3%
Potential saving
This Property
£291/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£306,774
10% above area average per sq ft
Potential ROI
+3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 6.0%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on TQ14 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

Cockhaven Close, Bishopsteignton, TQ14
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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
£907
Based on a loan of £185,625 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.

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