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Chagford, Newton Abbot

South West

£599,950

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
811 sqft

Description

This detached bungalow presents a significant refurbishment opportunity, alongside the potential for a larger replacement dwelling, thanks to conditional planning permission granted under Dartmoor National Park application no 0059/24. Set within an impressive 9.2 acres of land in a prime Dartmoor location, this property boasts stunning moorland views and tranquil surroundings. Currently comprising a two-bedroom bungalow built in the 1930s, it requires extensive updating and modernizing to unlock its full potential. The existing structure features double glazing and includes an oil-fired Aga in the kitchen, as well as a wood-burning stove in the sitting room. Surrounding gardens complement the property, which is complemented by useful outbuildings including stables and a carport. This versatile land can cater to various interests such as grazing or equestrian activities, making it not just a residence but an investment with numerous possibilities. With no chain involved, interested parties are invited to explore the options this property offers.

Investment analysis

(TQ13 area)

Above Market Value

This property is priced +116.1% above area average per sq ft

+116.1%
This Property
£740/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£233
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£305,321
10% above area average per sq ft
Potential ROI
-55.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -1.1%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on TQ13 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

Chagford, 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
£2,267
Based on a loan of £449,962 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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