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Peasland Road, TQ2

South West

£275,000

Listed on 16/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow presents a valuable opportunity for those looking to invest in a property that requires a renovation touch. Positioned in a desirable area, this home is conveniently located near public transport links, local amenities, and Brunel Woods. The property is a blank canvas waiting for new owners to infuse their style and preferences throughout. Upon entry through the porch, you'll find a spacious hallway that guides you to the bright and airy lounge, which serves as a welcoming centerpiece of the home. Both double bedrooms are generously sized and filled with natural light; the second bedroom features built-in wardrobe space. The family bathroom, while functional, is in need of modernisation, offering potential for an updated design. The kitchen offers ample space along with plumbing for essential appliances such as a washing machine and cooker point; it invites creative re-imagining by its new owner. Adjacent to the kitchen is a conservatory that provides additional living space and access to the garden—a great area for enjoying sunny days or hosting gatherings. The exterior includes a driveway and garage alongside low-maintenance front gardens with potential for extra parking. The rear garden is sizeable, perfect for entertaining or relaxing outdoors. This property represents an exciting investment opportunity for those prepared to undertake some refurbishment work.

Investment Analysis

(TQ2 area)
Area Average
£281/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ2)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -1.0%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on TQ2 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

Peasland Road, TQ2
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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
£981
Based on a loan of £206,250 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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