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Ivybridge, Devon

South West

£250,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached residence is situated in a tranquil corner plot in the heart of Ivybridge, within the sought-after South Hams region. The property presents an inviting opportunity for renovation and value enhancement. It features a welcoming entrance porch leading into a hallway that provides access to a spacious lounge equipped with a gas fireplace, a functional kitchen/diner, and a ground floor shower room. Upstairs, you'll find three well-proportioned bedrooms, all benefitting from natural light through multiple double-glazed windows. Outside, the driveway offers ample off-road parking and leads to a garage at the rear. The expansive gardens wrap around the home, presenting potential for landscaping or expansion. The property requires modernisation but is being offered with no onward chain, making it ideal for investors or families looking to create their dream home.

Investment Analysis

(PL21 area)
Area Average
£326/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 1.3%
5 year growth: 20.4%
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

Ivybridge, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE