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3 & 4 Dingle Court, Drakewalls, Gunnislake, Devon PL18 9FH - Image 1
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3 & 4 Dingle Court, Drakewalls, Gunnislake, Devon PL18 9FH

South West

£450,000

Listed on 04/11/2025

Property Details

Bedrooms
4
Type
Detached
Area
2121 sqft

Description

This property represents an investment opportunity featuring two detached homes, each offering approximately 2,100 sqft of living space across two levels. The layout includes a spacious open-plan kitchen and living area, two reception rooms, four bedrooms, and four bathrooms. Both properties come with gardens, dedicated parking spaces, and garage facilities. While high-quality finishes have been applied throughout and the homes boast good eco-credentials, they require some internal finishing touches along with landscaping and driveways to enhance their appeal. A notable consideration is the retaining wall/party fence structure that may need attention, as indicated by a report obtained during the sale process. Potential buyers should conduct thorough inspections to determine the condition of these elements prior to bidding. The properties are positioned in a tranquil cul-de-sac setting with expansive views and are conveniently located near various amenities and transport links. The auction will take place on 25 June 2026, presenting an excellent chance for investors looking to add value through renovation.

Investment Analysis

(PL18 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£212/sq ft
Area Average
£285/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£664,700
10% above area average per sq ft
Potential ROI
+25.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PL18)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -8.1%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on PL18 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

3 & 4 Dingle Court, Drakewalls, Gunnislake, Devon PL18 9FH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% 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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