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Chillington, Kingsbridge

South West

£125,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
759 sqft

Description

Thatch Cottage is a charming Grade II Listed property situated in the desirable village of Chillington, known for its picturesque surroundings. This two-bedroom home retains much of its original character, showcasing features like beautiful stone flooring, exposed timber beams, and a distinctive fireplace that adds warmth and history to the space. On the ground floor, you’ll find a quaint kitchen, a bathroom, and a flexible reception room that opens out to the rear garden. The first floor accommodates two well-sized bedrooms, both offering potential for customization based on personal style. The outdoor space is noteworthy, with a generous garden that basks in sunlight throughout the day. This area not only provides an ideal setting for outdoor dining or entertaining but also includes a practical garden shed for additional storage. One of the property's standout attributes is its renovation potential. While it requires full refurbishment, this presents an exciting opportunity for buyers looking to transform the cottage into their dream home tailored to modern living standards. Chillington itself is conveniently located between Kingsbridge and Dartmouth along the A379, making it easy to access local amenities such as shops, a post office, and a health centre. Additionally, residents can enjoy recreational offerings nearby, including the stunning two-mile beach at Torcross just minutes away by car. This combination of location and potential makes Thatch Cottage not only a unique living space but also a promising investment opportunity in a sought-after area.

Investment Analysis

(TQ7 area)

Below Market Value

This property is priced -57.4% below area average per sq ft

-57.4%
Potential saving
This Property
£165/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£322,480
10% above area average per sq ft
Potential ROI
+50.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -11.3%
5 year growth: 4.9%
Investment Disclaimer: Analysis based on TQ7 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

Chillington, Kingsbridge
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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
£458
Based on a loan of £93,750 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