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Follaton Rise, Totnes TQ9 - Image 1
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Follaton Rise, Totnes TQ9

South West

£500,000
Listed on 17/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1528 sqft

Description

This three-bedroom family residence boasts stunning countryside views from its elevated position. Upon entering, the spacious first-floor landing leads down to an expansive living area and up to well-sized bedrooms. The open-plan layout on the ground floor features a bright kitchen with modern appliances, including a double oven and gas hob, seamlessly connecting to the dining and living areas through French doors that open into the garden. A utility room and separate WC add convenience to this level. The master suite on the first floor includes an en-suite bathroom and a walk-in wardrobe, while two additional double bedrooms are located on the top floor with shared access to a Jack and Jill en-suite. Driveway parking is available alongside an integral garage that offers potential for conversion (subject to planning permission). The rear garden presents a tranquil space adorned with patio and lawn areas bordered by mature shrubs, ideal for outdoor living. While the property is well-presented, there are opportunities for enhancing its value through light renovations that could further modernize the interiors or transform the garage space into functional living areas. Located in Totnes, a vibrant market town rich in history and amenities, this home represents both comfort and potential for growth in investment value.

Investment Analysis

(TQ9 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£327/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£649,377
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ9)

Area prices are falling by +7.6% over the last 12 months
3 year growth: 0.9%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on TQ9 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

Follaton Rise, Totnes TQ9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE