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Margaret Road, Ogwell

South West

£270,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow offers a great opportunity for renovation in the desirable Ogwell area, just outside Newton Abbot. The property features a spacious layout including an expansive lounge and a large conservatory, both serving as excellent spaces to personalize. Each of the two double bedrooms comes with ample storage options, while the kitchen is fitted with essential appliances but could benefit from modern updates. The shower room contains basic amenities that may require refreshing. The gas central heating and double glazing are notable assets, while external areas include easy-care gardens, a garage, and driveway parking. With no onward chain and potential for value increase through renovations, this bungalow invites internal viewings to explore its full possibilities.

Investment Analysis

(TQ12 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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
38%
Properties sold annually

Local Market Trend (TQ12)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -1.7%
5 year growth: 15.2%
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

Margaret Road, Ogwell
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 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.

Next Steps

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