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See how verdicts work4-bedroom detached house · TQ7 3BL
Under offerListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the South Hams countryside, Blanks Mill lies on the Old Coach Road between Kingsbridge and Salcombe, making the popular sailing town, which is just 1.8 miles away, easily accessible by car, foot or bike.
It is about 0.5 miles from a bus stop on A381 at Ashbys, an amenity store with butchery, garden centre and excellent coffee shop.
The house is 2 miles from the thriving town of Kingsbridge which has a friendly and active community with excellent facilities including a high street with many independent shops and cafes, leisure centre, health centre, cinema and the highly rated Kingsbridge Community College.
Blanksmill Creek, a picturesque inlet has a rare salt marsh which is an SSSI. It is a habitat for myriad waders, curlew, oyster catchers, redshanks etc and flocks of migrant birds are winter visitors.
At low tide a track allows access to walk down the side of the creek to a lime kiln and beyond. The house has the only official mooring in the creek.
Blanks Mill is approached down a tree lined drive and surrounded by its own land which affords privacy and tranquility; stunning views of the valley down to the estuary are enjoyed from the house and land.
It was built by the present owners, using Heron Builders, in 2004 to a high standard with good levels of insulation and underfloor heating throughout.
More recently an extensive range of smart, green technology has been installed including a solar array which produces about £2000 per year with 10 years of FIT payments left.
The ground floor accommodation flows off the double height entrance hall with galleried landing.
There is a spacious kitchen dining living room, a recently refitted utility room with a porch area to the outside, a drawing room with log burner, further sitting room / office / music room and an oak framed garden room.
All principle downstairs rooms are double aspect and enjoy access to the outside with views over the garden and beyond.
On the first floor are four double en-suite bedrooms, three with showers and one with a bath. The roof has been constructed with attic roof trusses for ease of conversion if desired.
There is ample parking and turning courtyard, a 3 bay garage with EV charger in the open middle bay and a studio with shower room above. An external dog shower abuts the garage wall.
With its own spring water supply the land (little under 7 acres) has a garden area round the house with shrubberies, specimen trees, herbaceous borders, gazebo, greenhouse and pergola, flowing into orchards, a large productive asparagus bed, vegetable garden and raspberry canes.
The rest of the land is used as amenity for the house with woodland; rough grass with native wild flowers annually topped to encourage wild life; cut pathways meander through to give access.
In the past the garden opened regularly for charity. Tucked away on the land is a large barn 20m x 18m which is presently used as a shed and log store.
It has the potential to be converted for stabling, car collection or housing boats. SERVICES Mains electricity and water. Private drainage. Air source heat pump. Solar panels.
Spring water for the garden and cars. DIRECTIONS What3Words - ///trading.grudging.merge EPC Rating: C
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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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 Blanksmill Creek, Nr Salcombe
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