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Main Road, Salcombe

South West

£395,000
Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
992 sqft

Description

This property presents a unique opportunity for renovation and investment in a desirable residential area. With three bedrooms and ample character, the home offers a practical layout that could be transformed to meet modern standards while preserving its period charm. Upon entering, you are greeted by an inviting entrance hall that leads to two spacious reception rooms. The sitting room is bathed in natural light, featuring a bay window with captivating views towards Dartmoor, complemented by a coal effect gas fire for added warmth. The adjacent dining room serves as an ideal setting for gatherings, while the galley kitchen provides direct access to a sunny private courtyard, perfect for outdoor dining or casual relaxation. The first floor comprises two generously sized double bedrooms—one with those stunning Dartmoor views—and a single room that could easily function as a home office. The family bathroom is also located on this level. An additional loft room on the second floor adds versatility, allowing for hobbies or extra storage space. While this property has been well-loved as a family home, there is clear potential for updates and enhancements throughout the interior. Furthermore, there may be possibilities to extend the living space at the rear (subject to local planning permissions), adding even more value. Outside, the terraced rear garden offers a blank canvas for landscaping and personalization, while the front garden boasts open countryside views. Off-road parking for two vehicles at the back of the property adds convenience—a significant advantage in this area. Located in close proximity to Salcombe’s vibrant shops, cafes, and local amenities—including schools and recreational areas—this home benefits from being part of a thriving community. The nearby sandy beaches and sheltered waters are ideal for sailing enthusiasts, while Kingsbridge offers additional resources such as healthcare facilities and secondary schooling. For those looking to invest in property with notable renovation potential in a sought-after location, this house represents an exciting opportunity to create your ideal home or rental investment.

Investment Analysis

(TQ8 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£398/sq ft
Area Average
£650/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£708,898
10% above area average per sq ft
Potential ROI
+63.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TQ8)

Area prices are falling by +15.6% over the last 12 months
3 year growth: -31.0%
5 year growth: -4.4%
Investment Disclaimer: Analysis based on TQ8 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

Main Road, Salcombe
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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
£1,447
Based on a loan of £296,250 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