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East Cornworthy, Totnes

South West

£695,000

Listed on 28/06/2026

Property details

Bedrooms
2
Type
Detached
Area
1161 sqft

Description

An interesting executor sale presents a unique opportunity for investment in a tranquil hamlet within the South Hams region. Spanning approximately 3.45 acres, this property includes an existing single-storey dwelling with characterful features, alongside extensive outbuildings that offer various possibilities for redevelopment or refurbishment. Located close to the River Dart and Blackness Marine, this secluded setting is ideal for those interested in outdoor activities such as sailing. The Granary boasts charming elements including stone elevations and exposed beamed ceilings but requires complete renovation to reach its full potential. With generous accommodation, including two bedrooms, a spacious kitchen/dining area, and a sitting room featuring a substantial fireplace, this property provides ample scope for transformation. The surrounding land opens into pasture and landscaped gardens, enhancing privacy while offering significant room for landscaping or agricultural use, pending necessary permissions. This is an exciting project waiting for the right buyer to unlock its potential in a highly desirable rural location.

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Investment analysis

(TQ9 area)

Above Market Value

This property is priced +51.9% above area average per sq ft

+51.9%
This Property
£599/sq ft
Area Average
£394/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£503,369
10% above area average per sq ft
Potential ROI
-38.2%
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

East Cornworthy, 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
£2,626
Based on a loan of £521,250 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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