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Main Road, Salcombe

South West

£445,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
992 sqft

Description

Nestled in a sought-after residential neighborhood, this three-bedroom property combines period charm with ample renovation and investment possibilities. The welcoming entrance hall leads to two distinct reception rooms that exude character. The sitting room benefits from a bay window offering expansive views, complemented by a cozy coal effect gas fire, while the dining room provides a functional space for gatherings. The galley kitchen connects directly to a private courtyard, perfect for enjoying sunny days. On the first floor, you'll find three bedrooms—two generous doubles, one of which boasts lovely views extending towards Dartmoor—along with a single room that could easily function as a home office. A family bathroom completes this level. An additional loft room on the second floor presents further versatility; it can serve as an extra bedroom, hobby space, or simply provide additional storage. The property’s exterior features a terraced rear garden ripe for landscaping potential and a front lawn that offers picturesque countryside views. Off-road parking for two vehicles is also available at the rear. Situated in the vibrant sailing town of Salcombe, residents can enjoy access to various shops, cafes, and bars, along with essential amenities such as Holy Trinity Church and Primary School. The safe waters nearby support excellent sailing opportunities, complemented by stunning beaches like Mill Bay and North Sands. Plus, the market town of Kingsbridge is just a short drive away, providing further local facilities including secondary schooling and a cottage hospital. While this home has been cherished by its previous owners, there are clear opportunities for modernization in several areas. Additionally, there may be potential to extend the property to the rear (subject to planning permission), making it an excellent candidate for those looking to invest or create their ideal living space in this appealing location.

Investment Analysis

(TQ8 area)

Below Market Value

This property is priced -33.6% below area average per sq ft

-33.6%
Potential saving
This Property
£449/sq ft
Area Average
£675/sq ft

Renovation Potential

Est. Renovation Cost
£44,500 - £111,250
10-25% of property value
Target Value
£737,051
10% above area average per sq ft
Potential ROI
+32.5%
After renovation
Monthly Sales
2
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ8)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -26.7%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on TQ8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Main Road, Salcombe
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