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Wallingford Road, Kingsbridge

South West

£200,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
863 sqft

Description

This charming 2-bedroom terraced house presents a compelling opportunity for those interested in renovation and investment. Nestled in a desirable residential neighborhood, the property retains original features that could be highlighted with thoughtful updates. The generous garden space further enhances its appeal, providing potential for outdoor improvements or even extensions. Upon entering, you are greeted by a spacious hallway featuring convenient under-stairs storage. The large lounge is bright and inviting, showcasing a characterful wood-burning stove and exposed beams that lend warmth to the space. While the kitchen requires modernisation, it offers ample storage and provisions for a washing machine and dishwasher, along with space for a small dining area. Adjoining the kitchen is a conservatory that opens directly into the garden; while this structure may need replacement, it presents an excellent chance to either rebuild as a single-storey extension or expand vertically, similar to neighboring properties (subject to planning permissions). The upstairs layout includes two double bedrooms—one facing the front of the property, and the other overlooking the rear garden—both equipped with built-in storage solutions. The sizable bathroom encompasses a walk-in shower alongside essential fixtures, all of which would benefit from an update. The standout feature of this property is undoubtedly its rear garden. Accessible from the patio adjacent to the conservatory, it descends into a spacious lawn flanked by established shrubs and plants, offering delightful views and abundant potential for landscaping or outdoor living enhancements. While renovations are needed throughout, this home represents an exciting project for those looking to increase value—a stylish rental opportunity or family residence awaits transformation. Situated in Kingsbridge, a sought-after market town at the head of an estuary within South Hams’ Area of Outstanding Natural Beauty, this location offers both convenience and lifestyle benefits. Residents enjoy access to local shops, eateries, supermarkets, leisure facilities including a cinema and swimming pool, as well as medical services—all contributing to an appealing community atmosphere. With gorgeous beaches and Salcombe nearby, Kingsbridge is perfect for those seeking both accessibility and coastal living. This freehold property benefits from mains water and electricity along with gas central heating. The EPC rating stands at D with council tax in Band B. Additionally, ultrafast broadband service is accessible here with speeds reaching up to 1600Mbps. Importantly, flood risk in this area is very low. Viewings are available strictly by appointment through Kingsbridge Estate Agents.

Investment Analysis

(TQ7 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£232/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£370,132
10% above area average per sq ft
Potential ROI
+48.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -11.7%
5 year growth: 7.6%
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.

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Location

Wallingford Road, Kingsbridge
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