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Commons Lane, Shaldon, TQ14

South West

£595,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1411 sqft

Description

This spacious, detached chalet-style residence offers a prime opportunity for renovation and investment, nestled in an elevated position with stunning vistas over the estuary and Dartmoor. The property features a generous sitting room and a dining conservatory that opens to an expansive terrace, perfect for indoor-outdoor living while enjoying picturesque views. The principal accommodation includes two upstairs bedrooms, both with en-suite facilities, alongside a ground-floor bedroom and modern shower room. While the home is functional, it does require some updating to maximize its potential. With ample driveway parking and a south-west facing garden, this property has room for enhancement or even development (subject to necessary permissions). Located above the charming Ringmore Valley, this property benefits from close proximity to local amenities, including independent shops, cafes, and educational facilities. This home presents a compelling prospect for those looking to create their dream residence or capitalize on the rental market in this desirable area.

Investment Analysis

(TQ14 area)

Above Market Value

This property is priced +28.3% above area average per sq ft

+28.3%
This Property
£422/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£510,175
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +2.4%
5 year growth: +5.6%
Investment Disclaimer: Analysis based on TQ14 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

Commons Lane, Shaldon, TQ14
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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
£2,123
Based on a loan of £446,250 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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