4-bedroom detached house · PL17 8JN
Under offerListed 339 days
Opportunity summary
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About
An opportunity to acquire a barn for conversion which is in the advanced stages of securing planning permission for a four-bedroom family home, set within approximately 0.53 acres of south-facing grounds.
No Onward Chain; Freehold.
Situation - This impressive and versatile barn is situated in a peaceful and private location on the fringe of the quiet and unspoilt village of Harrowbarrow, within easy reach of local amenities and facilities, including the towns of Callington, to the west, and Tavistock, to the northeast.
Harrowbarrow itself is served by a primary school, with neighbouring villages collectively offering an excellent range of facilities and amenities, including several shops, two fuel stations, an Asda mini-supermarket (1.2 miles away) and several public houses.
Gunnislake train station is also 1.2 miles away and provides a direct connection to the City of Plymouth.
Harrowbarrow is just outside of the Tamar Valley National Landscape (formerly AONB), and there are excellent opportunities nearby to walk and explore the region's rich heritage, including the National Trust's Cotehele House and Estate, the picturesque Danescombe Valley and the popular riverside village of Calstock (all approximately 2.5 miles away), where there is a public slipway and boatyard.
Tavistock, 6 miles away, is a thriving market town in West Devon offering a superb range of shopping, recreational and educational facilities.
Plymouth is 18 miles to the south by road, whilst Exeter is around 45 miles to the northeast, providing air, rail and motorway connections to London and the rest of the UK Description - A superb barn conversion in the advanced stages of securing planning permission for a four-bedroom family home, set within approximately 0.53 acres of south-facing grounds.
The property benefits from its own private access, a dedicated driveway, and a carport positioned discreetly to the rear.
Offering an excellent opportunity to create a spacious and characterful residence in a desirable rural setting. Additional Lots - Lot 1: A substantial, newly refurbished character home in approx.
2.7 acres of gardens and grounds, available with up to three further lots, including a sizable stone barn for conversion, and additional meadow and pasture fields.
Please contact Stags to discuss the pricing and options relating to these additional lots.
Services - Electricity is currently supplied from the house, so the new owner of the barn will need to connect electricity, water & a new drainage system. Ultrafast broadband is available.
Variable mobile voice/data services are available from all four major providers (source: Ofcom's online service checker). Please note that the agents have neither inspected nor tested these services.
Agent's Note - East Cornwall is well-known for its history of metalliferous mining. No mine workings or features are known to affect this property.
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.
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