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See how verdicts work3-bedroom house · PL8 1NB
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AT A GLANCE An end-of-terrace, three-bedroom village cottage with a long rear garden, offered for sale by informal tender with no onward chain.
Additional land and a stone barn are available by separate negotiation.
DESCRIPTION Offered to the open market for the first time, 1 Offield occupies a central position in the South Hams village of Holbeton.
The cottage provides approximately 82.3 sq m (886 sq ft) of accommodation and offers considerable scope for refurbishment and modernisation.
An entrance hall leads to a generous sitting room, where an exposed stone fireplace with an inset stove provides a natural focal point.
The kitchen overlooks the rear garden and connects to a useful rear porch. Upstairs are three bedrooms and a family bathroom. The property also benefits from oil-fired central heating.
Behind the cottage is a long, enclosed garden with lawn, mature boundaries and an outlook across the village.
With well-proportioned accommodation and plenty of potential for improvement, the property offers an appealing opportunity to create a distinctive village home.
ADDITIONAL LAND AND BARN A further area of land behind the cottage, together with a traditional stone barn requiring restoration, is available by separate negotiation.
The land and barn may suit a range of ancillary uses, subject to all necessary planning, building regulation and other consents.
There may also be scope to form vehicular access, although purchasers must rely upon their own enquiries and obtain any required highway and other approvals.
A restrictive covenant will be imposed preventing the land and barn from being used or developed as a separate residential dwelling.
LOCATION & SITUATION Holbeton is an established South Hams village surrounded by rolling Devon countryside and situated close to the River Erme and the South Devon coast.
Local amenities include a village shop, public house, primary school, parish church and village hall.
The surrounding countryside and coastline provide numerous walking and recreational opportunities, while Plymouth is accessible by road for a wider range of shopping, leisure and transport facilities.
SERVICES Mains water, electricity, and drainage.
Oil fired central heating TENURE Freehold LOCAL AUTHORITY South Hams District Council VIEWINGS Strictly by appointment with the sole agents, Marchand Petit, Modbury Office.
METHOD OF SALE The property is offered for sale individually by informal tender. Details of the tender process, closing date and submission requirements are available from the selling agents.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Fore Street, Holbeton, Devon
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