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Manor Drive, Ivybridge, PL21 9BE - Image 1
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Manor Drive, Ivybridge, PL21 9BE

South West

£225,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1214 sqft

Description

This three-bedroom semi-detached house presents an exciting opportunity for those looking to personalize their living space. The property, previously owned by a local authority, features a spacious reception room, a practical kitchen, a conservatory, and three well-sized bedrooms along with a family bathroom. While the interior would benefit from modernization, it offers a blank canvas for potential buyers. One of the standout features of this home is its expansive rear garden, perfect for families and gardening enthusiasts alike. There are two external storage rooms, one of which includes a WC, providing additional utility. The property also boasts driveway parking and a carport that could be converted into a garage, subject to necessary permissions. Conveniently located near Manor Primary School, this home is ideal for families. Ivybridge town center, with its shops, leisure facilities, and beautiful parks, is just a short distance away. The property also enjoys excellent access to the A38, making commuting to Plymouth, Exeter, and surrounding areas straightforward. This competitively priced property is a fantastic project for buyers seeking generous outdoor space and the chance to create a home tailored to their needs.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

75out of 100
Grade BGood opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house is an excellent opportunity for those looking to invest in a project that offers considerable potential. Priced at £225,000, it stands out as being exceptionally cheap compared to the local average of £331/sqf, making it a compelling acquisition for buyers. With a total area of 1,214 sqf, the asking price translates to just £185/sqf, allowing for a significant margin should renovations be completed successfully.

While the interiors are dated and show signs of wear, this provides a blank canvas for new owners to modernise and personalise the space. The property features good-sized living areas, three functional bedrooms, and a kitchen and bathroom that are both serviceable but could greatly benefit from updating. The spacious garden is another standout feature, offering ample room for families or the potential for expansion, subject to planning permissions. Overall, this home is conveniently located near schools and local amenities, making it a practical choice for families looking to create their ideal living space.

Key opportunities

  • Generous garden space with potential for extension, subject to planning permission.
  • Good-sized living areas that allow for creative reconfiguration and modernisation.
  • Possibility to convert the carport into a garage, adding further value.

Key risks

None recorded.

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Map

Location

Manor Drive, Ivybridge, PL21 9BE
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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