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South West
£1,250,000
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
The Vicarage is a remarkable opportunity to acquire a spacious detached residence in one of Salcombe's most coveted locations, featuring stunning estuary views and an expansive garden. With a guide price of £1,250,000, this property is significantly below the local average of £657/sqf, making it an enticing entry point for buyers looking to invest in a project with substantial potential.
While the interiors are dated and require a comprehensive refurbishment throughout, this provides a blank canvas for the new owner to create a luxurious family home or upscale coastal retreat. The property boasts generous proportions, including three impressive reception rooms and seven well-sized bedrooms, many with breathtaking views. The expansive kitchen/dining area offers an excellent foundation for modernisation, allowing for an open-plan design that suits contemporary living. The overall project scale is heavy, but the intrinsic character and desirable location present an exceptional opportunity for transformation and value creation.
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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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