The Priory, Modbury, PL21
South West
£275,000
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
855 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered by formal tender, this three-bedroom detached bungalow in Modbury has been in the same ownership for around 40 years and is now ready for modernisation. The accommodation comprises an entrance hall, kitchen, L-shaped living and dining room, three bedrooms, a bathroom and a separate WC. The layout and existing accommodation provide a basis for updating to suit a purchaser's requirements.
The property has front and rear gardens, a garage and driveway parking. Modbury has a range of local shops and services, with Kingsbridge and Plymouth providing further amenities. The town is also within reach of nearby beaches, coastal walks and Dartmoor. Tenders are subject to the stated conditions, including a 10% deposit within 24 hours of written acceptance and an administration fee of £3,000 plus VAT on completion.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached three-bedroom bungalow offers a clear medium-scale renovation project, with a usable living and dining space, garage, driveway and established gardens. The dated finishes across several interior areas give a buyer scope to refresh the flooring and decoration, update the kitchen and bathroom, and tidy the garden. Its asking price is slightly below the local £/sqf average, which is a positive for value, although the overall economics remain tight: purchase and works costs look challenging against local benchmarks.
Key opportunities
- Update the dated kitchen and bathroom to create a more contemporary feel.
- Refresh carpets, wall finishes and lighting across the living and bedroom areas.
- Make better use of the established gardens with a tidy-up of overgrown borders and paving.
Key risks
- Dark marks near the base of some walls warrant investigation to establish their cause.
- The medium-scale programme across several interior areas will need careful budgeting and coordination.
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Transport
Nearest stations
Ivybridge Rail Station
3.1 miles
Train · Ivybridge
Totnes Rail Station
10.8 miles
Train · Totnes
Plymouth Rail Station
11.3 miles
Train · Plymouth
Devonport Rail Station
12.5 miles
Train · Devonport
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
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
£1,039
Based on a loan of £206,250 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
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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