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Ashburton, Devon

South West

£350,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Detached
Area
991 sqft

Description

Situated on the outskirts of Ashburton, this detached two-bedroom property, referred to as The Lodge, is set within a generous plot of approximately 0.66 acres. Previously rented for about 15 years, it presents a clear opportunity for updating and personalisation. The current layout includes practical spaces such as a hallway that doubles as a dining area, a sitting room featuring a wood-burning stove, and a kitchen with potential for modernisation. Upstairs are two light-filled bedrooms with simple configurations that can be enhanced further. The expansive grounds provide not only privacy but also considerable potential for landscaping or expansion (subject to planning). Accessed via a shared driveway with established rights, the property balances convenience with seclusion. It is offered without onward chain and awaits an investor or homeowner ready to transform it into their ideal residence.

Investment Analysis

(TQ13 area)

Above Market Value

This property is priced +2.6% above area average per sq ft

+2.6%
This Property
£353/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£224
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£375,267
10% above area average per sq ft
Potential ROI
-5.0%
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
7%
Properties sold annually

Local Market Trend (TQ13)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +2.1%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on TQ13 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

Ashburton, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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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