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See how verdicts work3-bedroom house · TQ12 5UR
Listing removedListed 116 days
Opportunity summary
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About
A wonderful grade 2 listed thatched period cottage, originally thought to date as far back as the 17th century, re-thatched in 2022.
The property is one of a terrace of three homes created by the skilful conversion of a Devon longhouse many years ago.
With its own driveway providing off-road parking and a delightful privately enclosed garden, the cottage seamlessly combines individual, character and modern benefits.
Situated in the heart of the small and highly favoured and somewhat exclusive village of Torbryan, the property is close to some lovely walks through beautiful Devon countryside and a wooded common.
The nearby village of Ipplepen approximately a mile away offers a comprehensive range of amenities, including a co-op store, public house/restaurant, health centre, primary school and church, whereas the village of Broadhempston also has a primary school and two inns/restaurants.
Accommodation Stepping inside, the front door opens to a hallway with oil fired, boiler, supplying the hot water and central heating and having a useful separate WC with wash hand basin.
The lounge is of an excellent size and has a decorative stone fireplace surround with a chimney still in situ but not used for some years and now in need of inspection and is open plan to a rear lobby with access to a small courtyard area.
With plenty of natural light through double-aspect windows, the kitchen adds a touch of glamour having been refitted with the selection of new yet in keeping cabinets and solid quartz countertops over recent times and has a sleek tiled floor and integrated appliances, including an oven, hob and fridge.
Completing the ground floor is a separate dining room which is of excellent proportions.
On the first floor there is a landing with fitted storage cupboards which provides a quiet area for reading with a window overlooking the front garden.
There are three bedrooms, all of which are doubles, and a smart, recently updated bathroom with white suite, including a double shower over the bath.
Outside Beautifully presented and fully enclosed gardens, offering a high level of privacy in seclusion with extensive, planting and seating areas.
Internal storage room accessed from the garden providing an excellent space for tools and bikes etc. Parking Private driveway with space for two cars.
Agent’s Notes Council Tax: Currently Band E Tenure: Freehold Mains water. Mains electricity. Mains drainage. Oil fired central heating. This property is grade II listed.
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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FAQ
About Thatchings, Newton Abbot
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