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Saffron Park, Kingsbridge

South West

£369,950
Listed on 02/10/2025

Property Details

Bedrooms
4
Type
Semi Detached
Area
1286 sqft

Description

This four-bedroom residence presents a wealth of potential for those looking to invest in a property that could benefit from some updates. The spacious layout is filled with natural light and boasts expansive views of the town, making it an inviting space for families or individuals alike. Entering the home, you are greeted by a light-filled hallway that leads to a sizable lounge featuring an electric fire and sliding patio doors that open onto the garden—a great feature for those who appreciate indoor-outdoor living. The kitchen has ample room for appliances and seamlessly connects to an extended dining area, providing a comfortable setting for family meals and gatherings. Additionally, the ground floor includes a convenient cloakroom, under stairs storage, and access to an integral garage. Outside, the tiered garden comprises a patio area perfect for summer lounging, as well as a level lawn adorned with established shrubs. The lower level of the garden currently houses a productive vegetable patch complete with a greenhouse and shed—ideal for gardening enthusiasts. Ample driveway parking caters for two cars alongside a tidy front garden with side access. On the upper floor, you'll find four generously-sized bedrooms; the main bedroom capitalizes on lovely views and features built-in storage in two of the other bedrooms. A bright bathroom services this level with its functional layout including both bath and shower facilities. This property not only offers flexible living spaces but also outdoor areas conducive for family life or personal projects. Located in Kingsbridge within the scenic South Hams region—well-known for its local amenities such as shops, restaurants, leisure facilities—this home stands as an excellent opportunity for refurbishment or personalization to enhance its value further.

Investment Analysis

(TQ7 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£288/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£242
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£553,745
10% above area average per sq ft
Potential ROI
+35.1%
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
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are falling by -8.3% over the last 12 months
3 year growth: -17.3%
5 year growth: -3.6%
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

Saffron Park, Kingsbridge
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,310
Based on a loan of £277,462 over 30 years at 3.91% 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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