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Belmont Road, Ivybridge, Devon - Image 1
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Belmont Road, Ivybridge, Devon

South West

£200,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1066 sqft

Description

This period terraced cottage presents a promising opportunity for renovation in the desirable town of Ivybridge. The property is spread across three levels and offers flexible living spaces that could cater to various lifestyles. Beginning with the ground floor, you will find a welcoming lounge complete with a charming fireplace, alongside an adaptable room that could serve as an additional bedroom, office, or reception area. The lower ground floor features a dining room, kitchen, and bathroom, establishing distinct zones for everyday living. Upstairs are two generously sized bedrooms. The south-facing garden at the rear benefits from ample sunlight and includes a powered outhouse that offers additional storage or workspace possibilities. Essential amenities such as gas central heating and double glazing are already in place, along with on-road parking available at the front. However, the property requires some modernization and repairs, providing an excellent chance for buyers looking to invest in a characterful home that they can enhance according to their vision. Required works include addressing damp issues, upgrading aging flat roofs, and replacing older windows. Discussing these opportunities further with the agent can help elucidate potential improvements before your visit. The current owners are ready to move on, presenting this as an attractive option for buyers who are prepared to proceed quickly. Due to limited viewing slots available, interested parties should contact us soon to arrange a visit.

Investment Analysis

(PL21 area)

Below Market Value

This property is priced -43.2% below area average per sq ft

-43.2%
Potential saving
This Property
£188/sq ft
Area Average
£330/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£387,427
10% above area average per sq ft
Potential ROI
+61.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Belmont Road, Ivybridge, 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
£721
Based on a loan of £150,000 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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