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Modbury, PL21

South West

£1,200,000

Listed on 05/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
2860 sqft

Description

Situated on a generous 3.88-acre plot, this detached family home was constructed in 2016 and boasts ample potential for renovation and investment. The property benefits from its own private drive and extensive parking area, leading to an integral double carport and garage. Inside, the spacious layout features an open plan kitchen/dining space perfect for modern living, alongside separate living areas that could easily be reconfigured to enhance functionality or increase value. There's also significant potential in the large storage area above the carport, which could be transformed into additional living quarters with the appropriate planning permissions. The house is equipped with modern eco-friendly features such as underfloor heating and solar panels, ensuring energy efficiency while you envision further improvements. Its location offers both rural tranquility and convenient access to transport links, making it ideal for families or investors looking for opportunities in the South West.

Investment Analysis

(PL21 area)

Above Market Value

This property is priced +25.8% above area average per sq ft

+25.8%
This Property
£420/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£1,049,034
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PL21)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -6.2%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on PL21 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

Modbury, PL21
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,533
Based on a loan of £900,000 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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