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Follaton Rise, Totnes

South West

£500,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1714 sqft

Description

This three-bedroom family home is positioned to take full advantage of stunning countryside views and presents a worthwhile opportunity for renovation. Upon entering, a spacious first-floor landing leads down to an expansive open-plan living area that receives ample natural light from two sets of French doors, which connect seamlessly to the garden. The kitchen is equipped with essential appliances including a double electric oven and four-ring gas hob, yet it may benefit from modernisation or reconfiguration to enhance its functionality. The ground floor also features a utility room and a separate WC, both of which could be updated to improve convenience. On the first floor, the master bedroom boasts an en-suite bathroom and walk-in wardrobe, while the top floor hosts two sizeable double bedrooms sharing a Jack and Jill en-suite bathroom—ideal spaces that could be refreshed to maximise comfort. Storage options include an integral garage with potential for conversion (subject to planning permission) that would add valuable living space. The rear garden offers peaceful outdoor views but could be transformed into an even more appealing landscape with some landscaping work. This property not only provides practical living space but also has scope for extensive enhancement, making it suitable for those looking to invest in their future home.

Investment Analysis

(TQ9 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£292/sq ft
Area Average
£383/sq ft
Avg Rent (weekly)
£253
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£722,862
10% above area average per sq ft
Potential ROI
+33.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (TQ9)

Area prices are falling by +6.4% over the last 12 months
3 year growth: 1.5%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on TQ9 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

Follaton Rise, Totnes
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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
£1,832
Based on a loan of £375,000 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.

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