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Stoke Road, Maidencombe, TQ1

South West

£475,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1232 sqft

Description

This detached two-bedroom bungalow presents a noteworthy opportunity for those looking to invest in a renovation project. Nestled within a generous plot, it boasts potential for extension and loft conversion, pending the requisite planning permissions. Currently requiring modernization, the property features a spacious reception hall, a versatile lounge/dining area, a kitchen space, two double bedrooms, and both a bathroom and separate WC. Its rural setting offers peaceful countryside views that enhance its appeal. The expansive front garden is filled with mature trees and shrubs, complemented by a level lawn area and a charming sunken fish pond. Accessed through a wrought iron gate, the long driveway provides ample off-road parking for various vehicles including cars, boats, or motorhomes, leading to a standalone single garage with an up-and-over door. The rear garden is also sizeable and slightly sloped, predominantly laid to lawn and bordered by mature trees and hedges, creating a private outdoor space. Given its location in the South West and the current condition of the property, this bungalow holds significant potential for transformation into a modern living space.

Investment Analysis

(TQ1 area)

Above Market Value

This property is priced +48.5% above area average per sq ft

+48.5%
This Property
£386/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£351,878
10% above area average per sq ft
Potential ROI
-34.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ1)

Area prices are falling by +3.0% over the last 12 months
3 year growth: -1.2%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on TQ1 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

Stoke Road, Maidencombe, TQ1
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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
£1,740
Based on a loan of £356,250 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