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Bittaford, Ivybridge, Devon, PL21

South West

£550,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
963 sqft

Description

Woodpark presents an appealing opportunity for investors and renovators alike, showcasing a detached bungalow built in 1928. Nestled within a spacious plot, this property features wrap-around gardens and captivating views of the surrounding countryside. While well-maintained by its current owner since 1983, it stands ready for modernization to enhance its charm and functionality. The home's thoughtful design offers generous room proportions and abundant natural light, accentuated by large windows throughout. A welcoming entrance leads to versatile spaces including a cozy living room with a feature fireplace, a formal dining room boasting another fireplace, and a kitchen equipped with essential base units and breakfast bar. A utility room, WC, three double bedrooms—each with fitted storage—and a shower room complete the internal layout. The expansive loft area offers potential for conversion (subject to planning permission), adding further value to this property. Outside, the gently sloping gardens provide privacy and ample space for outdoor activities or further landscaping improvements. The private driveway accommodates multiple vehicles and leads to useful timber outbuildings for additional storage. With its prime location in the desirable village of Bittaford and proximity to local amenities, transport links, and outdoor recreational facilities, Woodpark is an exceptional investment opportunity that invites creativity in renovation.

Investment Analysis

(PL21 area)

Above Market Value

This property is priced +75.4% above area average per sq ft

+75.4%
This Property
£571/sq ft
Area Average
£326/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£344,908
10% above area average per sq ft
Potential ROI
-43.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (PL21)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -1.9%
5 year growth: +14.4%
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

Bittaford, Ivybridge, Devon, 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
£1,984
Based on a loan of £412,500 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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