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Fairway, Saltash, PL12 4BA

South West

£325,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
864 sqft

Description

Nestled on an elevated plot, this charming bungalow welcomes you via a long driveway that leads to a practical single garage. The front lawn enhances the property’s curb appeal, setting a pleasing tone for what lies within. Stepping through the spacious entrance hall, you’ll find a layout that offers generous proportions and flexibility, making it ideal for those looking to personalize their space. To the left of the entrance is the kitchen, which presents significant potential for modernization. This area could transform into a contemporary hub that meets today’s lifestyle demands. The highlight of the home is undoubtedly the expansive lounge/diner, featuring sliding doors that effortlessly connect to a bright conservatory. This design invites abundant natural light and provides lovely views of the garden, making it a perfect spot for casual living and entertaining. The rear garden is quite substantial and serves as an exceptional canvas for gardening enthusiasts or anyone looking to enhance their outdoor living experience. Its private setting provides a serene escape from day-to-day life, with ample space for landscaping projects, vegetable patches, or simply enjoying tranquil moments outdoors. Accommodating three bedrooms, this property offers versatility; one bedroom currently serves as a dining room, showcasing how easily spaces can adapt to changing needs. The master bedroom is nicely proportioned and features built-in storage solutions, while the third bedroom could function well as a guest room or home office—ideal in today's work-from-home environment. The sizeable bathroom is another area with renovation potential; updating it could elevate this home significantly while reflecting personal style. Conveniently located, this property benefits from excellent transport links with a bus stop just up the road. Everyday conveniences are easily accessible with a nearby shop, while outdoor enthusiasts will appreciate being within walking distance of Churchtown Farm Nature Reserve—a perfect spot for peaceful walks and wildlife observation. This detached bungalow represents an exciting opportunity for those seeking to invest in a property with considerable renovation potential in a desirable location. With no onward chain, it allows for swift transactions—an attractive prospect for visionaries ready to make their mark. Early viewings are encouraged to fully appreciate all that this unique property has to offer.

Investment Analysis

(PL12 area)

Above Market Value

This property is priced +32.0% above area average per sq ft

+32.0%
This Property
£376/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£270,912
10% above area average per sq ft
Potential ROI
-33.3%
After renovation
Monthly Sales
15
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL12)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 4.3%
5 year growth: 27.4%
Investment Disclaimer: Analysis based on PL12 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

Fairway, Saltash, PL12 4BA
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