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Church Street, Modbury, PL21

South West

£250,000

Listed on 16/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
861 sqft

Description

This charming two-bedroom cottage is ideally located in the desirable market town of Modbury, set away from busy thoroughfares yet conveniently close to a variety of local shops, cafés, and essential services. Characterized by its unique period features, the home spans two floors and includes a welcoming reception area that leads to a spacious kitchen/dining room—perfect for both daily living and entertaining. The inviting lounge, complete with a woodburning stove, opens directly onto a private walled garden that enhances the indoor-outdoor living experience. Upstairs, you'll find two bedrooms, including one double and one single, alongside a family bathroom. While the property could use some modernisation to bring it up to current standards, this presents an excellent opportunity to personalize and add value to a delightful period home in the picturesque South Hams region. The secluded garden space is ideal for relaxation or outdoor dining, complemented by external storage and an allocated parking spot. Investing here not only promises character and charm but also tremendous potential for enhancement.

Investment analysis

(PL21 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£290/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£313,490
10% above area average per sq ft
Potential ROI
+12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL21)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -6.0%
5 year growth: +7.0%
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

Church Street, Modbury, PL21
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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
£944
Based on a loan of £187,500 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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