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Forde Close, Abbotskerswell, Newton Abbot, Devon, TQ12 - Image 1
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Forde Close, Abbotskerswell, Newton Abbot, Devon, TQ12 - Image 7
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Forde Close, Abbotskerswell, Newton Abbot, Devon, TQ12

South West

£349,950
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
741 sqft

Description

Nestled in the desirable village of Abbotskerswell, this two-bedroom detached bungalow presents an excellent opportunity for renovation and personalization. Situated on a private road that will soon be resurfaced, this property enjoys a serene atmosphere while remaining conveniently close to essential local amenities and picturesque countryside paths. Upon entering the home, you are welcomed by a spacious layout enhanced by a thoughtful extension completed in 2021. The open-plan kitchen and dining area serve as the central hub of the house, offering ample space for everyday living as well as entertaining. Large windows bathe the room in natural light, creating a warm and inviting ambiance that seamlessly connects to the outdoor space. The garden is truly one of the property’s standout features; it is generously sized and meticulously maintained, ideal for outdoor enthusiasts or those seeking a quiet retreat. A charming decking area extends from the dining space, providing an inviting spot for morning coffee or evening relaxation amidst your green surroundings. This bungalow also offers significant potential for expansion, with planning permission previously granted for a loft conversion. This could allow for the addition of another bedroom or extra living space—perfect for accommodating guests or creating a home office with delightful views. Off-street parking enhances convenience, while the peaceful setting on a private road contributes to its overall allure. Whether you are seeking a tranquil home or an investment opportunity with potential for growth, this property strikes an excellent balance between comfortable living and future enhancements.

Investment Analysis

(TQ12 area)

Above Market Value

This property is priced +51.4% above area average per sq ft

+51.4%
This Property
£472/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£254,230
10% above area average per sq ft
Potential ROI
-31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TQ12)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -1.8%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on TQ12 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

Forde Close, Abbotskerswell, Newton Abbot, Devon, TQ12
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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
£1,282
Based on a loan of £262,462 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