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Elm Grove, Teignmouth, TQ14

South West

£350,000
Listed on 20/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1086 sqft

Description

This detached bungalow is located on a desirable street, offering ample living space along with captivating south-facing views of the sea and surrounding countryside. The interior includes a spacious living room that opens onto a decked balcony, providing an ideal spot for relaxation. There is a fitted kitchen that allows access to the garden, alongside a bathroom and cloakroom. The three well-sized bedrooms include two with built-in wardrobes, presenting potential for customization. Outside, the property boasts a wrap-around garden with lawned areas and mature shrubs, complemented by patio space and parking for multiple vehicles leading to an attached garage. This property requires refurbishment, making it a prime candidate for modernisation and value enhancement.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£322/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £65,000
Target Value
£391,948
10% above area average per sq ft
Potential ROI
-5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 6.0%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on TQ14 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

Elm Grove, Teignmouth, TQ14
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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 £262,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE