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North Street, Ashburton

South West

£275,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
822 sqft

Description

Nestled in the vibrant market town of Ashburton, this charming two-bedroom cottage offers a unique opportunity for renovation and investment. Situated on the doorstep of Dartmoor National Park, this property combines serene village life with convenient access to local shops, cafés, and outdoor activities. Upon entering, you are welcomed into a cozy lounge that features a traditional stone fireplace, ideal for creating a warm ambiance during the colder months. The layout provides a staircase leading to the first floor while also connecting seamlessly to the kitchen/diner at the rear of the home. This space is practical and filled with potential; it comes equipped with sturdy traditional cabinetry, ample counter space, and room for dining. The kitchen opens up to a private garden area that includes useful outbuildings—perfect for gardeners or those looking for extra storage or workshop space. Upstairs, both bedrooms exhibit charm and character. The first bedroom overlooks the tranquil garden and boasts high ceilings along with an additional storage nook that enhances usability. The second bedroom captures morning light through a large sash window, presenting versatility as it could serve as a guest room, home office, or creative space. The bathroom features essential amenities including a panelled bath with an overhead shower setup and generous storage options. Outside, the garden provides an inviting retreat for leisure activities or al fresco dining under open skies. The presence of two well-sized outbuildings adds significant value to this space—one equipped with electrical outlets further amplifies its potential as a workshop. This property benefits from shared access via an alleyway alongside, making mobility convenient. On-street parking is available just outside on a first-come basis. Overall, this cottage presents an excellent renovation project in an attractive location known for its community spirit and proximity to natural landscapes. With some updates and personal touches, this property could transform into a charming residence or rental opportunity appealing to various buyers looking for character-filled homes close to nature and amenities alike.

Investment Analysis

(TQ13 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£335/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£304,941
10% above area average per sq ft
Potential ROI
-0.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by +5.4% over the last 12 months
3 year growth: 1.1%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on TQ13 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

North Street, Ashburton
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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
£1,007
Based on a loan of £206,250 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