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Veasy Park, Wembury, Plymouth, Devon - Image 1
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Veasy Park, Wembury, Plymouth, Devon

South West

£475,000

Listed on 17/09/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
1538 sqft

Description

Nestled in the desirable village of Wembury, this spacious four-bedroom detached house presents an exciting opportunity for renovation and personalisation. Offered with no onward chain, this property boasts a double-storey rear extension, enhancing the living space across both levels. The ground floor features a welcoming lounge, a dining room, and a kitchen with a separate utility area, complemented by a convenient downstairs WC. A conservatory at the rear adds additional living space and showcases lovely sea views. Upstairs, you will find four well-proportioned bedrooms, ideal for family living or accommodating guests. Externally, the property benefits from a private driveway for off-road parking, a garage, and a rear garden, making it a perfect canvas for those looking to create their dream home.

WHOTS analysis

Our WHOTS verdict

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

52out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This spacious four-bedroom detached house in Wembury is well-positioned with no onward chain and lovely sea views, making it an attractive prospect for buyers looking to create their ideal home. While the property does require updating throughout, the general wear and dated condition present a clear canvas for renovation. With a guide price of £475,000, which is slightly below the local average at £309/sqf compared to £313/sqf, it offers reasonable entry value for a project buyer.

However, the overall renovation economics look tight, with all-in costs estimated at £535,000 versus local benchmarks suggesting an implied average value of £481,394. This indicates a potential margin squeeze, but the medium scale of the project allows for flexibility in how one might approach the updates. The existing layout, including a lounge, dining room, kitchen, and a conservatory, provides ample space to modernise while enhancing the property's appeal in this sought-after coastal village.

Key opportunities

  • Potential to modernise the dated interiors and kitchen to enhance overall appeal.
  • The spacious layout and generous garden offer room for expansion or outdoor improvements.
  • No onward chain simplifies the buying process, making it attractive to prospective buyers.

Key risks

  • General wear and need for updating throughout.
  • Dated condition may deter some buyers.
  • All-in costs may restrict profit margins compared to local benchmarks.

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Map

Location

Veasy Park, Wembury, Plymouth, Devon
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 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.

Tax

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

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