3-bedroom house · PL19 0BY
Sold STCReduced £20k (−5.8%) on 2 SepListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfectly positioned within a short, level walk of Tavistock town centre and the highly regarded Mount Kelly College, this exceptional Grade II Listed former foundry conversion offers a unique blend of character, space and contemporary comfort.
Originally converted in 2009, this particular home was the original show home and is offered to the market with no onward chain.
From the moment you step inside, the property's heritage is immediately apparent.
A welcoming entrance hall leads to a versatile study, ideal for home working or as a fourth bedroom, together with a convenient cloakroom.
The stylish kitchen is well appointed with a comprehensive range of fitted units, integrated appliances, a gas hob and double electric oven, providing an ideal space for both everyday living and entertaining.
The true centrepiece of the home is the spectacular open-plan lounge/dining room.
Boasting soaring double-height ceilings that celebrate the building's industrial past, this impressive space is flooded with natural light and enjoys direct access to the private courtyard garden, creating a seamless connection between indoor and outdoor living.
The first floor offers three generously proportioned bedrooms, two of which open onto a wonderful balcony where you can relax with elevated views across the town and towards the church.
The principal accommodation is complemented by a dressing room, useful eaves storage and a beautifully appointed family bathroom.
Outside, the enclosed courtyard garden has been designed for low-maintenance enjoyment, providing a private setting for al fresco dining or entertaining, with gated access leading directly to an allocated parking space.
Further enhancing the home's appeal is gas-fired underfloor heating throughout, delivering efficient, comfortable living across both floors.
Combining striking architectural features, versatile accommodation and an enviable location close to the town centre and excellent schooling, this outstanding home presents a rare opportunity to acquire a truly distinctive property in the heart of Tavistock.
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 9, Heritage Park, Devon
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