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Wakehams Close, Modbury PL21 - Image 1
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Wakehams Close, Modbury PL21

South West

£225,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
742 sqft

Description

Nestled on the outskirts of Modbury, this three-bedroom home presents an exceptional opportunity for those looking to invest or create their ideal family residence. The property features a welcoming entrance hallway that leads into a functional kitchen, equipped with ample storage and plumbing for essential appliances. The open plan living/dining area at the rear is bathed in natural light and opens onto an enclosed garden, perfect for outdoor activities or future landscaping projects. Upstairs, you’ll find a family bathroom and three well-proportioned bedrooms, with two offering stunning vistas towards the surrounding countryside and Dartmoor. The generous rear garden includes a paved patio area and lawn, while a useful path provides convenient access to nearby amenities. Additionally, the property benefits from a garage and off-street parking. With its rich history and proximity to local conveniences and beautiful coastal walks, this property holds substantial renovation potential in a desirable location.

Investment Analysis

(PL21 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£303/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£265,347
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PL21)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -4.2%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on PL21 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

Wakehams Close, Modbury PL21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£797
Based on a loan of £168,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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