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Mallet Road, Woodlands, Ivybridge

South West

£175,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
638 sqft

Description

This two-bedroom semi-detached home in the sought-after Woodlands area of Ivybridge presents an excellent opportunity for those looking to invest or make their mark in the property market. With great potential for modernisation, it is ideally suited for first-time buyers or investors seeking a project. The layout includes a lounge, kitchen, and conservatory on the ground floor, while the first floor hosts two generously sized bedrooms alongside a family bathroom. The property benefits from a southerly-facing garden and driveway parking alongside, providing ample scope for enhancements or reconfigurations. Just steps away from local schools and amenities, this property offers a promising canvas to create a contemporary living space.

Investment Analysis

(PL21 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£274/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£228,155
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PL21)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -4.2%
5 year growth: +9.5%
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

Mallet Road, Woodlands, Ivybridge
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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
£620
Based on a loan of £131,250 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.

Stamp Duty Calculator

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