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Wakehams Close, Modbury, PL21 - Image 1
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Wakehams Close, Modbury, PL21

South West

£225,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
742 sqft

Description

Nestled on the outskirts of Modbury, this three-bedroom home presents an excellent opportunity for both families and investors looking to capitalize on renovation potential. Upon entering, you will find a welcoming hallway leading directly to a kitchen that offers plentiful storage and plumbing provisions, ideal for enhancing its functionality with modern updates. The spacious living and dining area at the back is bright and airy, enhanced by patio doors that provide easy access to the secluded garden—perfect for outdoor entertaining or future landscaping projects. Upstairs, you’ll discover a family bathroom and three naturally lit bedrooms, two of which are generously sized doubles. The rear-facing rooms offer picturesque views over Modbury and beyond, adding charm to the living space. The property is further complemented by a good-sized garden with a patio area and access through Donkey Lane for a convenient stroll into town. Additionally, it includes an en-bloc garage along with off-street parking right in front, enhancing its appeal as an investment property with significant potential for value enhancement through cosmetic or structural improvements.

Investment Analysis

(PL21 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£303/sq ft
Area Average
£330/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£269,672
10% above area average per sq ft
Potential ROI
+3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +0.1%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on PL21 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

Wakehams Close, Modbury, PL21
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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
£811
Based on a loan of £168,750 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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