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Sharps Close, Newton Abbot

South West

£250,000
Listed on 03/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
624 sqft

Description

This detached bungalow on the outskirts of Heathfield offers a solid foundation for renovation enthusiasts or investors seeking potential. Comprising two spacious double bedrooms, a cozy lounge, functional kitchen, and shower room, it presents an opportunity for modernisation to enhance its appeal. The property is equipped with gas central heating and uPVC double glazing, which adds to its efficiency. Outside, the well-maintained front and side gardens provide outdoor space, complemented by a detached garage and carport that offer ample driveway parking for several vehicles. With no onward chain, this property is ready for internal viewings to explore its possibilities further. Nestled within a quiet cul-de-sac, this home benefits from close proximity to local amenities such as a convenience store, take-away options, and primary schooling. The nearby Bovey Tracey town boasts a more extensive selection of shopping and leisure facilities while being conveniently located near Dartmoor National Park for outdoor pursuits. For those commuting, access to the A38 Devon Expressway towards Plymouth and Exeter is straightforward. The layout includes an entrance porch leading into the hallway with loft access and an airing cupboard housing the gas boiler. The lounge features dual aspects that allow natural light to flood in while showcasing a traditional tiled fireplace. The kitchen offers various wall and base units along with space for appliances. Each bedroom benefits from generous window placements that ensure bright interiors throughout the day. Lastly, the shower room contains essential fittings that can be refreshed as part of any renovation plans.

Investment Analysis

(TQ12 area)

Above Market Value

This property is priced +29.7% above area average per sq ft

+29.7%
This Property
£401/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£212,063
10% above area average per sq ft
Potential ROI
-26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (TQ12)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -1.9%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on TQ12 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

Sharps Close, Newton Abbot
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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