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Laity, Wendron, TR13

South West

£450,000
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1206 sqft

Description

This detached bungalow, set in a secluded rural setting, offers a remarkable opportunity for those looking to invest in a property with significant potential. Nestled within approximately 1.7 acres of land, the home features a sizable one-acre paddock along with versatile outbuildings and barns that could serve multiple purposes or even be developed further, subject to planning permissions. The expansive grounds include over half an acre of private gardens adorned with mature trees, well-kept lawns, and vibrant flower beds—ideal for outdoor enjoyment and entertaining. Inside, the spacious triple-aspect living room is enhanced by bi-fold doors leading to the south-facing terrace, inviting plenty of natural light into the home's heart. The kitchen/dining area is functional yet allows for upgrades or modernisation to fit contemporary tastes. Each of the three generously sized bedrooms overlooks the gardens, providing a peaceful retreat that's perfect for families or guests. This property has been well-maintained but presents ample scope for modernization and personalization throughout, particularly in the kitchen and shower room areas. The substantial detached double garage includes a floored attic space that could be converted into additional living space or storage solutions. With no onward chain, this property is ready for immediate occupancy while also being ripe for renovation.

Investment Analysis

(TR13 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£373/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£437,513
10% above area average per sq ft
Potential ROI
-14.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (TR13)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +24.2%
Investment Disclaimer: Analysis based on TR13 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

Laity, Wendron, TR13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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