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Sherford Road, Elburton, Plymouth.

South West

£550,000
Listed on 17/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1550 sqft

Description

This generous four-bedroom detached bungalow on a spacious plot presents a unique opportunity for prospective buyers looking to invest or renovate. Having been on the market for the first time since its construction, this property offers significant potential for customization and expansion, perfect for families or those considering future development projects (subject to planning permissions). Accessed via a private double driveway with ample parking space, the home features a welcoming entrance hall that leads to various living areas. Noteworthy is the bay-fronted lounge complete with a feature fireplace, and an airy kitchen/diner equipped with dual aspects and patio doors leading out to the expansive rear garden. Additional functional space includes a separate utility room and three generously sized double bedrooms alongside a single bedroom. Bathrooms include a separate WC and an updated shower room. The extensive grounds of the property not only provide ample outdoor space but also hold possibilities for extensions, making it an intriguing option for developers. A detached double garage with roller doors at both ends allows for seamless access through to the garden, equipped with light and power. The garden area is predominantly laid to lawn with various seating arrangements suitable for alfresco dining or relaxing outdoors. An added bonus is the garden room which can serve multiple purposes from storage to leisure activities. Conveniently located near amenities in Elburton Village including shops, transport links, and recreational areas like Horsham Playing Fields, as well as breathtaking coastal walks at Wembury and Heybrook Bay, this property exemplifies both potential and prime location.

Investment Analysis

(PL9 area)

Above Market Value

This property is priced +16.7% above area average per sq ft

+16.7%
This Property
£355/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£254
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£518,405
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +3.0%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on PL9 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

Sherford Road, Elburton, Plymouth.
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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