Collapark, Totnes, Devon, TQ9
South West
£180,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
724 sqftFeatures
- Garden
Description
Offered at auction, this three-bedroom terraced house in Totnes is described as requiring modernisation and provides a chance to update the accommodation to suit a new owner. The ground floor comprises an entrance hall, a spacious lounge, a kitchen/dining room and a family bathroom. Upstairs are three bedrooms, including a larger principal room and two further bedrooms.
The property has enclosed gardens with scope for improvement. The listing notes that Totnes town centre, schools, local amenities and transport links are within easy reach. The sale uses the Modern Method of Auction, with a 56-day completion period and a non-refundable reservation fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600. An AML fee also applies. Buyers should review the auction terms and associated costs before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £180,000, this three-bedroom Totnes terrace is priced at £249/sqf against a local average of £392/sqf, making the asking price a clear acquisition opportunity. The dated finishes create a medium-scale canvas: modernise the kitchen and bathroom, refresh the wallpaper and worn, stained bedroom carpets, and bring the enclosed gardens back into shape. The lounge’s fireplace and built-in cupboards add character to work with, and the supplied photos show no obvious major structural failure.
The given renovation range is £25,000–£45,000, so this looks like a project where the low entry price and scope to personalise are central to the appeal. Dark marking is visible at a ceiling edge, though its cause is unknown; the roof’s condition also cannot be confirmed from the ground-level views.
Key opportunities
- Acquire at £249/sqf, well below the local average of £392/sqf.
- Modernise the dated kitchen and bathroom, and refresh finishes and flooring across the home.
- Improve the enclosed front and rear gardens, including the established planting and paved areas.
Key risks
- Dark marking at a ceiling edge has an unknown cause and merits investigation.
- Roof condition cannot be confirmed from the supplied ground-level views.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£680
Based on a loan of £135,000 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.
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