2-bedroom bungalow · TQ14 9TS
Sold STCReduced £15k (−3.8%) on 3 AugListed 138 days
Opportunity summary
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About
Guide price £400,000-£415,000 This charming two-bedroom bungalow occupies a desirable corner plot and enjoys stunning estuary and countryside views towards Shaldon.
Offering bright and spacious accommodation throughout, the property features a welcoming entrance hallway, a double-aspect living room with picturesque views, and a separate dining room with sliding patio doors opening onto a raised terrace.
The kitchen is fitted with a range of wall and base units and, while in need of refurbishment, is clean and functional with excellent natural light and beautiful outlooks.
There are two bedrooms, including a generously sized principal bedroom, while the second bedroom benefits from lovely garden and estuary views.
The property also includes a bathroom fitted with a distinctive aqua turquoise suite and a separate WC.
Outside, the bungalow boasts mature and well-established gardens to both the front and rear, with lawns, patio seating areas, shrubs, trees, and pathways surrounding the home.
Additional features include off-road parking for approximately two vehicles, a garage, and further outdoor space to the side with potential for a vegetable garden.
With its elevated views, generous plot, and scope for modernisation, this property presents an exciting opportunity to create a wonderful coastal home in a sought-after setting.
Covered porch leading to an obscure entrance door into the... Entrance hallway With radiator, telephone point and fuse box. Coved ceilings.
Storage cupboard housing the immersion tank and with storage above. Door into the... Living room With double aspect view.
UPVC double glazed windows to front aspect and uPVC double glazed window to side aspect giving a stunning estuary and countryside views towards Shaldon. Radiator, coved ceilings, electric fireplace.
Archway leading into...
Dining room Radiator, coved ceilings, aluminum double glazed sliding patio doors onto a raised terrace, perfect for seating and enjoying the surrounding countryside and estuary views towards Shaldon.
Door into...
Kitchen Fitted with a range of wall and base units (in need of refurbishment but clean and tidy), uPVC double glazed window to south aspect enjoying the glorious view towards the estuary and the rolling hills of Shaldon.
Stainless steel sink and drainer, space and plumbing for washing machine, space for cooker with wall mounted extractor fan, space for upright fridge freezer, wall mounted gas central heating combination boiler.
WC With obscure double glazed window. WC Bathroom Fitted with an aqua turquoise suite comprising bath, WC, pedestal wash hand basin, obscure double glazed window.
Bedroom two With uPVC double glazed windows to rear aspect enjoying the stunning views of the estuary and the rolling hills of Shaldon. Radiator. Pedestal wash hand basin with tiled splash back.
Bedroom one With uPVC double glazed windows to front aspect. Radiator. Telephone point.
Outside The property is situated on a corner plot and is approached via a paved driveway providing off road parking for approximately two vehicles.
The rear garden is mainly laid to lawn and is bordered with mature shrubs and trees, paved patio areas provide a spot for outside seating and there is a raised terrace area perfect for sitting and enjoying the view making the most of the southerly aspect.
Pathways lead around to the side of the property giving access to the front. There is further garden area to one side perfect for creating an additional seating area or vegetable patch.
The front garden is mainly stocked with mature shrubs and trees. Garage With up and over door. Power and light. EPC Rating: C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 56 Grange Park, Teignmouth
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