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Ridgeway Close, Newton Abbot, Devon

South West

£300,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
923 sqft

Description

This three-bedroom detached dormer bungalow, nestled in a tranquil cul-de-sac within the desirable Aller area of Newton Abbot, presents a significant renovation opportunity. The property is ripe for modernization, allowing prospective buyers to customize according to their preferences. It features an entrance porch leading into a central hallway, two bedrooms at the front of the house, and a generous rear lounge/diner that offers ample light and space for social gatherings. The kitchen boasts classic white cabinetry with a serving hatch and provides direct access to the rear garden. The ground-floor bathroom is equipped with essential fixtures including a WC, wash hand basin, and bath with overhead shower. On the first floor, the third bedroom has its own WC and benefits from built-in storage as well as a skylight adding charm and natural light. Outside, you'll find manageable front and rear gardens primarily laid to lawn, complemented by a patio area suitable for outdoor seating, alongside useful additions like a shed, greenhouse, and side access gate. This property stands as an excellent renovation project in an established residential community.

Investment Analysis

(TQ12 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£325/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£313,931
10% above area average per sq ft
Potential ROI
-10.3%
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
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

Ridgeway Close, Newton Abbot, Devon
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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
£1,082
Based on a loan of £225,000 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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