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Marine Parade, Shaldon, Devon TQ14

South West

£210,000

Listed on 22/06/2026

Property details

Bedrooms
2
Type
Flat

Description

This first-floor apartment presents a rare opportunity to invest in a property set in a desirable riverside location, with stunning estuary views from all major rooms. Accessible via both lift and stairs, the apartment offers significant potential for modernization, allowing buyers to tailor it to their preferences and enhance its value. An allocated parking space is included, adding convenience to this unique offering. Additionally, the leasehold will be extended upon purchase, granting a new owner a long 999-year term. One critical renovation task required is the replacement of all existing wooden windows within two years, estimated at £15,141 based on current quotes from local contractors. This requirement not only aligns with other flats in the development but also presents an excellent chance for improvements that can elevate living comfort and aesthetics.

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Investment analysis

(TQ14 area)
Area Average
£330/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +2.5%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on TQ14 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

Marine Parade, Shaldon, Devon TQ14
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£793
Based on a loan of £157,500 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.

Stamp duty calculator

Next Steps

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