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Woodland Road, Ivybridge

South West

£375,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
809 sqft

Description

This detached bungalow, set on a generous plot in the highly desirable area of Ivybridge, presents an intriguing opportunity for renovation enthusiasts and investors alike. Once a beloved home, it now awaits revitalization to unlock its full potential. The layout features a spacious sitting room that opens into a conservatory, a galley kitchen combined with a breakfast area, and two roomy double bedrooms flanking the family bathroom - all offering ample scope for reconfiguration or modern updates. The south-facing garden boasts established landscaping along with patio and lawn areas, making it an appealing space for outdoor living. Additional features include a garage and private driveway capable of accommodating multiple vehicles. With no onward chain and an array of possibilities limited only by imagination (subject to relevant planning permissions), this property is recommended for viewing to fully appreciate its investment potential.

Investment Analysis

(PL21 area)

Above Market Value

This property is priced +42.4% above area average per sq ft

+42.4%
This Property
£464/sq ft
Area Average
£326/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£289,751
10% above area average per sq ft
Potential ROI
-30.2%
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

Woodland Road, Ivybridge
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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
£1,352
Based on a loan of £281,250 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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