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Church Park Road, NEWTON FERRERS, South Devon - Image 1
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Church Park Road, NEWTON FERRERS, South Devon

South West

£500,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1935 sqft

Description

This three-bedroom detached residence situated in the heart of Newton Ferrers presents an exceptional opportunity for renovation and transformation. The property boasts a desirable south-facing orientation and offers sweeping 180° views of the Yealm estuary from its elevated position. The current layout includes a main living room with an open fireplace that captures panoramic vistas through a corner window and patio doors leading to a small balcony. The primary bedroom similarly benefits from these breathtaking views, while the second double bedroom is located at the rear along with a shower room, separate WC, and kitchen that has potential for further development into a utility room or pantry beneath the garage. The lower ground floor has two rooms complemented by a simple shower room and ample storage space set into the hillside. Externally, there is a single garage alongside off-road parking and an expansive garden featuring terraced landscaping designed to maximize outlooks. This property requires significant modernisation, but its location within an area of outstanding beauty and close proximity to local amenities makes it an attractive investment for those looking to create their dream home.

Investment Analysis

(PL8 area)

Below Market Value

This property is priced -33.3% below area average per sq ft

-33.3%
Potential saving
This Property
£258/sq ft
Area Average
£388/sq ft
Avg Rent (weekly)
£307
Avg Yield
2.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£824,900
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 16.1%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on PL8 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

Church Park Road, NEWTON FERRERS, South Devon
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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
£1,832
Based on a loan of £375,000 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