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Western Road, Ashburton

South West

£695,000
Listed on 03/03/2026

Property Details

Bedrooms
8
Type
Detached house
Area
5354 sqft

Description

Situated on an elevated hillside with scenic views of the Ashburton countryside, this property offers a unique opportunity for investors or those seeking a spacious multi-family home. For sale for the first time in over three decades, the main residence features ample living space, including a significant 32' x 18' reception area that connects to an indoor swimming pool - currently non-operational and requiring restoration. An internal lift (not in use) provides access to the lower ground floor, which houses a generously sized integrated garage. The adjacent Park House Cottage complements the main house with its traditional layout, providing around 158 sq.m of additional living space. A connecting door links the two properties on the upper level, while another integral garage is located on the ground floor. Accessed by a sweeping driveway from Western Road leading to ample parking and a covered car port, this one-acre hillside lot boasts a south-facing aspect and features both an outdoor swimming pool needing re-commissioning and potential for garden enhancements. The property is conveniently close to Ashburton's town centre, offering essential amenities within walking distance and easy access to major routes such as the A38 towards Plymouth and Exeter. This location also lies at the edge of Dartmoor National Park, perfect for outdoor enthusiasts. This freehold property represents an exciting project for renovation and modernization, ideal for either dual occupancy or income potential through holiday rentals or long-term letting.

Investment Analysis

(TQ13 area)

Below Market Value

This property is priced -61.9% below area average per sq ft

-61.9%
Potential saving
This Property
£130/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£2,008,874
10% above area average per sq ft
Potential ROI
+137.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by -2.2% over the last 12 months
3 year growth: +3.7%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on TQ13 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

Western Road, Ashburton
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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
£2,507
Based on a loan of £521,250 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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