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Weymouth Park, Hope Cove TQ7

South West

£545,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
961 sqft

Description

Situated in the tranquil fishing village of Hope Cove, this well-appointed detached bungalow presents a unique opportunity for renovation and investment. Just a short walk from the idyllic sandy beaches of Inner and Outer Hope, the property enjoys impressive sea views that can be further enhanced through thoughtful updates. The spacious layout includes a generous sitting/dining room equipped with an open fire and a large picture window that captures expansive vistas of the surrounding countryside and coastline. The kitchen/breakfast area, while functional, could benefit from modernization and currently features access to the rear garden which holds potential for creating an inviting outdoor living space. The home accommodates three bedrooms, two of which are doubles, including a master bedroom boasting coastal views. A family bathroom with a shower unit is present, alongside a separate WC. Outside, beautifully maintained gardens encircle the property, featuring both a gently sloping lawn at the rear and an enchanting front garden bordered by mature hedges. A paved terrace invites outdoor relaxation but could be reimagined for better functionality. Off-road parking and a single garage add convenience to this appealing investment. Hope Cove is located within the South Devon Area of Outstanding Natural Beauty and offers local amenities including pubs and easy access to scenic walks along the South West Coast Path. This property is perfect for anyone looking to create their dream coastal retreat while adding value through renovations.

Investment Analysis

(TQ7 area)

Above Market Value

This property is priced +45.6% above area average per sq ft

+45.6%
This Property
£567/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£411,688
10% above area average per sq ft
Potential ROI
-32.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -11.4%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on TQ7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Weymouth Park, Hope Cove TQ7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,966
Based on a loan of £408,750 over 30 years at 4.06% 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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