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Kingsbridge, Devon

South West

£1,195,000

Listed on 21/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
4028 sqft

Description

This property in East Redford presents a unique opportunity for renovation and investment, set on a generous plot of approximately an acre. While the main residence has been tastefully refurbished, featuring charming character details alongside modern styling, there remains potential for further enhancement. The detached outbuilding offers significant additional space that could be transformed into extra accommodation or a creative workshop with the right planning permissions. Inside the main house, you’ll find a welcoming sitting room complete with a woodburning stove, which opens to a contemporary kitchen and breakfast area designed for family gatherings. The ground floor also includes a music room, utility space, and a cloakroom. Upstairs are three well-laid-out bedrooms, including a principal suite that is bright and airy with built-in wardrobes. A family bathroom features both a bath and separate shower unit. The substantial outbuilding spans over 2,500 square feet and currently houses flexible living spaces, including a self-contained annexe with reception area, kitchenette, and en suite bedroom options. There’s also ample storage, an office, and an art studio upstairs. Outside, parking is plentiful within the gravel courtyard centered around the outbuildings. The south-facing gardens are bordered by trees and hedgerows leading to open countryside with stunning views. With its location less than a mile from South Devon's picturesque coast and close to Kingsbridge’s extensive amenities—including shops, schools, and health services—this property holds great promise for those looking to invest in renovation projects in this desirable area.

Investment Analysis

(TQ7 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£297/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£251
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,731,778
10% above area average per sq ft
Potential ROI
+31.7%
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
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -17.7%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on TQ7 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

Kingsbridge, 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
£4,263
Based on a loan of £896,250 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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