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Luckhams Lane, Malborough

South West

£395,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
830 sqft

Description

Situated on a spacious corner plot in the picturesque village of Malborough, this detached three-bedroom bungalow presents significant renovation and investment opportunities. With planning permission already secured for a side, rear, and porch extension (Ref: 2475/25/HHO), potential investors can look forward to enhancing the living space, enlarging the bedrooms, and introducing an office area—ideal for creating a tailored home that meets personal needs. Currently, the property features two generously sized double bedrooms alongside a third bedroom that could serve as an office or guest room. The existing living area is bright and provides a comfortable atmosphere, while the kitchen layout offers practicality with room for modern updates. Although the bungalow requires modernization, its ample footprint and elevated location allow for creative reimagining. The expansive garden at the rear benefits from sweeping countryside views and complements a garage and plenty of off-road parking at the front. The environment is quiet yet accessible, with Malborough’s community amenities—including shops, pubs, and recreational facilities—within easy walking distance. Moreover, beach enthusiasts will appreciate that Salcombe and Hope Cove's stunning shores are just moments away. Malborough boasts a vibrant community with essential services such as a primary school, local shops, and public transport links to nearby towns like Kingsbridge—which offers further amenities—and Salcombe known for its beautiful coastline and leisure activities.

Investment Analysis

(TQ7 area)

Above Market Value

This property is priced +23.2% above area average per sq ft

+23.2%
This Property
£476/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£352,646
10% above area average per sq ft
Potential ROI
-20.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -11.3%
5 year growth: 4.9%
Investment Disclaimer: Analysis based on TQ7 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

Luckhams Lane, Malborough
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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