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South West
£550,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Broad Reach presents a compelling opportunity to acquire a spacious family home at a below-market asking price. At £550,000, this property is priced at £321 per square foot, which is significantly lower than the local average of £389 per square foot, making it an attractive purchase for those looking to invest in a home with potential for customization and improvement.
The house offers a generous living space, including a well-fitted kitchen with good appliances, and a functional shower room that could benefit from some modern updates. The established garden is a highlight, providing a lovely outdoor space with room for enhancement. While the interior shows signs of wear and some dated features, this presents an excellent canvas for renovation. With a medium project scale for renovations estimated between £40,000 and £120,000, buyers have the chance to tailor the space to their tastes and potentially increase value significantly in this desirable location, close to the South Devon National Landscape Area and coastal amenities.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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