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Westerland, Marldon, Devon, TQ3 1RU

South West

£950,000
Listed on 24/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
6172 sqft

Description

Nestled in a tranquil semi-rural area, this impressive detached residence spans approximately 6,172 square feet, offering adaptable living spaces that cater to a variety of lifestyles. Originally built in the 1960s and held by the same family for five decades, the property has seen significant expansions over time, most notably featuring a remarkable indoor swimming pool complex that is a unique attribute worth exploring. Currently configured as a five-bedroom dwelling across two stories, it boasts four bedrooms upstairs along with a generously sized ground floor master suite complete with its own en suite bathroom. The property also includes four reception areas: three within the main structure and an additional substantial room above the garages, providing excellent potential for conversion into an annex or alternative usage. The indoor pool area leads directly to a sun terrace oriented to the south—perfect for entertaining or relaxation. Car enthusiasts will appreciate the ample parking and dual garages, one of which accommodates up to four vehicles along with an inspection pit. Set behind wrought iron gates on a manageable 0.79-acre plot, the property is framed by mature landscaping and offers attractive countryside views from multiple vantage points. While some modernization is advised to align with contemporary aesthetics and functionality, this property presents an exciting opportunity to transform it into a distinguished family home in a coveted locale.

Investment Analysis

(TQ3 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£154/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,876,874
10% above area average per sq ft
Potential ROI
+75.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TQ3)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.6%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on TQ3 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

Westerland, Marldon, Devon, TQ3 1RU
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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
£3,426
Based on a loan of £712,500 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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