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Gratton Lane, Yelverton, PL20 6AW

South West

£450,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1071 sqft

Description

Nestled in a desirable area on the edge of Yelverton and close to the village of Meavy, this three-bedroom semi-detached home presents a unique opportunity for renovation and investment. Available for the first time in half a century, this property stands on a generous plot with significant potential. While it has seen some recent refurbishment, there remain ample opportunities to further enhance its charm. The entrance porch leads into a bright hallway that opens up to a cozy living room with front views. Adjacent is a spacious kitchen/diner featuring a classic gas AGA, which transitions into a private conservatory overlooking the well-kept rear garden. A utility room and 'gardeners loo' add practicality but could benefit from modern updates. The ground floor includes a well-appointed shower room with a sizable double shower cubicle. Upstairs, you’ll find two generously sized double bedrooms and an adequately sized single bedroom, all offering scenic views. The exterior features paved gardens at the front with raised beds and side access to extensive rear gardens which are beautifully landscaped with pathways, a large pond, and colorful borders lined by spring flowers along the former railway bank. A workshop equipped with power complements a spacious garage featuring power supply and roller shutter access from the road. This property benefits from excellent connectivity to Plymouth and Tavistock via road or public transport. Yelverton boasts robust local amenities including healthcare services, shops, cafes, sports facilities, and eateries. Additionally, outdoor enthusiasts will appreciate proximity to the Drakes Trail cycle route and numerous walking paths on Dartmoor. The charming village of Meavy is just moments away, adding another quaint pub option to enjoy in this delightful setting.

Investment Analysis

(PL20 area)

Above Market Value

This property is priced +39.9% above area average per sq ft

+39.9%
This Property
£420/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,783
10% above area average per sq ft
Potential ROI
-27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PL20)

Area prices are rising by +10.5% over the last 12 months
3 year growth: +6.1%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on PL20 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

Gratton Lane, Yelverton, PL20 6AW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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.

Price History

-10.0% since listed
£450,000£50,000(-10.0%)
02/04/2026
Current price
£500,000Initial listing
31/03/2026

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