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Luckhams Lane, Malborough TQ7 - Image 1
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Luckhams Lane, Malborough TQ7

South West

£395,000
Listed on 19/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
830 sqft

Description

Situated on a spacious corner plot in the serene village of Malborough, this detached three-bedroom bungalow, known as Blue Haze, presents a unique opportunity for renovation and investment. With approved planning permission (Ref: 2475/25/hho) for substantial side and rear extensions, along with a new porch, you can expand the bedrooms and craft an open-plan living area accompanied by an additional home office, making it an ideal candidate for customization and enhancement. The current layout features two generously sized double bedrooms and a smaller third bedroom that could easily serve as a home office. While some modernization is needed to bring the interiors up to contemporary standards, the property's expansive layout and desirable elevated position offer great potential for value addition. The rear garden provides sweeping rural views and includes a garage, while ample off-road parking is located at the front. The tranquil setting is complemented by Malborough's vibrant community spirit, with local amenities including shops and pubs just a short walk away. For beach enthusiasts, the picturesque shores of Salcombe and Hope Cove are conveniently close by. Malborough itself boasts a popular community atmosphere with essential amenities such as a primary school, local pubs, village hall activities, and regular bus services connecting to nearby towns like Salcombe and Kingsbridge. This proximity ensures convenient access to more extensive facilities including leisure centres and secondary education options. Overall, this property offers significant development potential in a highly desirable location.

Investment Analysis

(TQ7 area)

Above Market Value

This property is priced +23.2% above area average per sq ft

+23.2%
This Property
£476/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£352,646
10% above area average per sq ft
Potential ROI
-23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -11.3%
5 year growth: 4.9%
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

Luckhams Lane, Malborough TQ7
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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
£1,447
Based on a loan of £296,250 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