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Kingston, South Devon, TQ7

South West

£850,000
Listed on 14/07/2025

Property Details

Bedrooms
3
Type
Detached
Area
1094 sqft

Description

Higher Well Cottage presents a distinctive opportunity to invest in a beautifully converted outbuilding that offers the charm of a bungalow style home. Set within approximately one acre of serene grounds, this property is ideal for those seeking both tranquility and potential for enhancement. The cottage features an abundance of natural light while providing sweeping views across the picturesque countryside and coastline. The entrance sunroom welcomes you into the heart of the home, leading to an expansive L-shaped kitchen and dining area that benefits from modern cabinetry and appliances, suitable for everyday living or entertaining guests. A snug room with triple-aspect windows and a wood burning stove adds character and comfort. Flexibility is key here, as a substantial reception room currently serves as a bedroom but could be reimagined based on your needs. Upstairs, two double bedrooms offer generous space along with stunning views; the principal bedroom comes with an en-suite bathroom, while additional facilities cater to guests. The garden is thoughtfully landscaped with mature trees and secluded seating areas, perfect for outdoor leisure. Two separate units on-site provide exciting potential for ancillary accommodation or rental options after securing necessary planning permissions. The property also includes a large outbuilding for storage or use as a workshop, adding further value. This home combines rural and coastal living with proximity to local amenities and outdoor activities such as beach walks and golf courses, making it an appealing investment opportunity in the sought-after South Devon area.

Investment Analysis

(TQ7 area)

Above Market Value

This property is priced +98.5% above area average per sq ft

+98.5%
This Property
£777/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£242
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£471,071
10% above area average per sq ft
Potential ROI
-49.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are falling by -8.3% over the last 12 months
3 year growth: -17.3%
5 year growth: -3.6%
Investment Disclaimer: Analysis based on TQ7 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

Kingston, South Devon, TQ7
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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
£3,011
Based on a loan of £637,500 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.

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