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Morcombelake

South West

£350,000
Listed on 25/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached house is set on a generous plot in a semi-rural location, presenting an exceptional opportunity for cash buyers looking to invest in a restoration project. The property offers panoramic countryside views and is available with no onward chain, making it a compelling choice for those eager to transform a space. Inside, the sizeable dual-aspect lounge features an open fireplace, perfect for creating a warm family atmosphere while admiring the scenic vistas. Adjacent to the lounge is a spacious dining area that flows easily for entertaining. The kitchen, equipped with essential storage and an oil-fired Aga, leads into a side conservatory offering convenient access to the sizable garden. Upstairs, you'll find three well-proportioned double bedrooms and a family bathroom primed for modernisation. The outdoor space includes a predominantly lawned garden surrounded by mature greenery for privacy, alongside several outhouses, a greenhouse, and even a bunker beneath the patio area—ideal for utility or storage purposes. With additional features such as a double garage and nearby concrete stairs leading from the street level to the home, this property is suited to developers or savvy homeowners who possess the vision and skills to undertake substantial refurbishment work.

Investment Analysis

(DT6 area)
Area Average
£381/sq ft
Avg Rent (weekly)
£314
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (DT6)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.4%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on DT6 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

Morcombelake
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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