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Abbotskerswell, Newton Abbot

South West

£595,000

Listed on 10/07/2026

Property details

Bedrooms
4
Type
Detached
Area
3300 sqft

Description

This Grade II listed former farmhouse in a thriving South Devon village represents an exciting opportunity for renovation enthusiasts and investors. Located within a community that boasts excellent amenities, including reputable schools and local shops, this property combines historical charm with renovation potential. Originally dating back to the 16th century, Mote House features a wealth of character, from traditional fireplaces to exposed beams. Significant work has been initiated, particularly in the kitchen/dining area where alterations to create an open-plan layout have begun. The property is set up for further improvements, having received planning permission for substantial internal changes that include creating a striking kitchen/dining space and expanding the games room with bi-fold doors leading to the garden. This project allows for personalization at a crucial stage of development, making it ideal for those looking to shape their dream home while preserving its historic essence. The gardens are beautifully landscaped with ample outdoor space perfect for entertaining and relaxation.

Investment analysis

(TQ12 area)

Below Market Value

This property is priced -41.1% below area average per sq ft

-41.1%
Potential saving
This Property
£180/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £110,000
Target Value
£1,110,417
10% above area average per sq ft
Potential ROI
+57.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.2%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on TQ12 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

Abbotskerswell, Newton Abbot
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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
£2,248
Based on a loan of £446,250 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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