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Sherford Road, Elburton

South West

£399,950
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2183 sqft

Description

Presenting a rare opportunity to acquire a detached dormer bungalow with 3/4 bedrooms, poised on a generously sized plot in the desirable area of Elburton. This property is available for the first time on the open market and offers immense potential for renovation, expansion, or even complete reconfiguration (subject to necessary consents). The interior requires comprehensive modernization, providing a blank slate ideal for those looking to create their perfect home. Currently featuring multiple reception spaces and ground floor bedroom(s), there is also the possibility to enhance the upper level by installing a permanent staircase and reimagining this space into formal accommodation. Outside, the property boasts ample off-road parking and plentiful opportunities for landscaping or further development with proper planning permissions. Elburton itself is a sought-after residential locale, characterized by its community atmosphere and accessibility to local amenities, schools, and natural beauty nearby. This property truly embodies investment potential in an attractive setting.

Investment Analysis

(PL9 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£183/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£748,725
10% above area average per sq ft
Potential ROI
+52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +2.0%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on PL9 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

Sherford Road, Elburton
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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
£1,417
Based on a loan of £299,962 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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