Diptford, Totnes

Hawkridge offers a unique opportunity for buyers looking to take on a significant renovation project. This four-bedroom detached country residence sits on a generous plot of 0.4 acres, complete with a workshop building and garage, all nestled in the scenic South Hams countryside. While the asking price of £575,000 is slightly below the local average, the property requires extensive updating throughout, from the dated living areas to the exterior and kitchen. With a renovation budget estimated between £100,000 and £200,000, future owners have the chance to reshape this home into a modern country retreat, capitalizing on the beautiful rural views and ample land available for potential expansion or landscaping.

However, it’s important to note that the all-in costs, when combining the asking price with the expected renovation range, stretch the investment against local market benchmarks, leaving little margin for error. This makes for a challenging economic proposition, especially as bidding can escalate above the guide price. Buyers should be prepared for a full-gut programme, which will involve stripping interiors and managing extensive works to bring this property up to standard. Overall, while the charm of this location and the potential for transformation stand out, the financial feasibility of the project is a critical consideration.