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Bickington, Newton Abbot

South West

£750,000
Listed on 16/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2971 sqft

Description

Situated at the edge of Dartmoor National Park in Bickington, Lee Cottage is a detached period residence that offers substantial potential for renovation and investment. The property boasts a blend of character features including exposed stonework, timber beams, and ample double-glazed leaded windows that enhance its charm and inviting atmosphere. With three generously sized reception rooms featuring granite fireplaces and wood-burners, plus a family kitchen-dining area equipped with an oil-fired Aga, there is plenty of space to accommodate both family life and entertaining guests. The house consists of five bedrooms, making it ideal for larger families or as a spacious rental option. Additionally, the one-bedroom annexe presents an excellent opportunity for generating income through Airbnb or long-term letting, with an estimated rental value of £750 per month. Set on approximately 1.17 acres, the grounds include extensive outdoor space ideal for gardening or recreational use, along with multiple outbuildings such as an agricultural barn with stabling facilities which can be repurposed for various uses or workshops. While the property currently requires updating and some refurbishment, particularly in kitchen and bathroom fittings, it provides a blank canvas for buyers looking to add their distinct touch. Given its versatile layout and rural setting—just a few minutes from essential amenities in Ashburton—this property holds significant potential for both residential enjoyment and investment income. It is available with no onward chain.

Investment Analysis

(TQ12 area)

Below Market Value

This property is priced -18.9% below area average per sq ft

-18.9%
Potential saving
This Property
£252/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,016,706
10% above area average per sq ft
Potential ROI
+22.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (TQ12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on TQ12 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

Bickington, Newton Abbot
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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
£2,747
Based on a loan of £562,500 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.

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