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Lake Lane, Dousland

South West

£495,000

Listed on 20/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1039 sqft

Description

This two-bedroom detached bungalow, set on a generous 0.48-acre plot, presents a promising opportunity for renovation and personalisation. Nestled in the tranquil area of Dousland, on the edge of Dartmoor National Park, this property offers not only a spacious interior but also extensive gardens that can be transformed into an outdoor oasis. The layout includes a well-sized kitchen that opens into the rear garden, a comfortable sitting room leading to a conservatory, and two spacious bedrooms alongside a family bathroom. While the home currently requires updating, it provides ample space for improvement and possible extensions (subject to planning permissions). The large driveway and single garage enhance the property's appeal, with further potential to expand parking if needed. The location allows easy access to both natural beauty spots and local amenities in nearby Yelverton and Tavistock, making it an ideal investment for those looking to create their dream home in this scenic part of the South West.

Investment Analysis

(PL20 area)

Above Market Value

This property is priced +58.6% above area average per sq ft

+58.6%
This Property
£476/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£343,213
10% above area average per sq ft
Potential ROI
-35.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL20)

Area prices are rising by +8.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on PL20 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

Lake Lane, Dousland
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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
£1,766
Based on a loan of £371,250 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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