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Victory Road, Dartmouth

South West

£100,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
710 sqft

Description

This ground floor apartment, situated in a residential area on the outskirts of town, presents a unique opportunity for renovation enthusiasts or investors. Close to essential amenities such as schools, supermarkets, and health services, this two-bedroom property features its own garden and a garage located in a nearby block. The interior requires comprehensive refurbishment throughout, providing a blank canvas for transformation. A new 999-year lease will be granted upon completion, making it an attractive option for those looking to create a personalized living space or rental property. This apartment must serve as a primary residence, aligning with housing needs in the community.

Investment Analysis

(TQ6 area)

Below Market Value

This property is priced -64.6% below area average per sq ft

-64.6%
Potential saving
This Property
£141/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£311,150
10% above area average per sq ft
Potential ROI
+107.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TQ6)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -11.4%
5 year growth: -5.4%
Investment Disclaimer: Analysis based on TQ6 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

Victory Road, Dartmouth
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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
£361
Based on a loan of £75,000 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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