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Totnes

South West

£550,000

Listed on 28/06/2026

Property details

Bedrooms
6
Type
Semi Detached
Area
3134 sqft

Description

This impressive Victorian villa sits in a tranquil area of Totnes, presenting a wealth of potential for those looking to invest in a substantial property. With approximately 3,134 sq ft of versatile accommodation spread over four floors, the house offers an excellent opportunity for transformation into a grand family home or multiple living units with the appropriate permissions. Featuring high ceilings and bay windows, the character of this period property is waiting to be enhanced through thoughtful refurbishment. Currently consisting of six bedrooms and several kitchen spaces across different levels, including a lower ground floor with separate access, there is significant scope here for creating self-contained living areas or even a home office setup. The layout supports multi-generational living arrangements or can be adapted into rental units to tap into the area's housing demand. Surrounded by mature gardens and with the added benefit of a detached garage, there is potential for landscaping to enhance outdoor living space or to increase parking capacity if necessary consents are obtained. Given that the property is described as not currently habitable, this presents a unique chance for creative renovators to infuse modern comforts while respecting its historical charm. With no onward chain, this estate sale allows for quick consideration by buyers ready to undertake an ambitious refurbishment project.

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Investment analysis

(TQ9 area)

Below Market Value

This property is priced -55.5% below area average per sq ft

-55.5%
Potential saving
This Property
£175/sq ft
Area Average
£394/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,358,793
10% above area average per sq ft
Potential ROI
+94.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ9)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +0.6%
5 year growth: +19.5%
Investment Disclaimer: Analysis based on TQ9 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

Totnes
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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
£2,078
Based on a loan of £412,500 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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