4-bedroom house · PL20 7RX
For saleListed 143 days
Opportunity summary
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About
Offered with no onward chain, in a private setting with no immediate neighbours, being ripe for modernisation and updating, is this stunning period, detached south facing farmhouse with circa 12.86 acres of pasture, meadowland, together with frontage and fishing rights on the River Walkham.
The flexible four bedroom accommodation boasts two reception rooms and two kitchens, formerly two self contained cottages which could easily be returned to two family occupation if required.
Level formal gardens, range of outbuildings which are in need of attention, including an open fronted pole barn and stabling. Perfect for those equestrian enthusiasts.
This family home still has many period character features such as sash windows with deep sills and window seats, high ceilings, picture rails and fireplaces.
Two entrance porches, one with entrance hall and stairs to first floor.
A principal kitchen fitted with wall and base units, door to a sitting room with fireplace and a living room together with a second kitchen and adjoining porch/boot room to the rear.
To the back of the sitting room is a rear entrance hall with stairs rising to the first floor, where there are four double bedrooms and a shower room, together with a family bathroom.
The private sweeping entrance driveway leads to the front and the rear of the house. Ample parking for many vehicles.
Formal level gardens to the front and side are a particular delight with many mature trees. A 65'ft open sided barn and further stable block, currently in need of attention.
Further garage to the rear of the house with store and WC. The land is wrapped by its own predominantly level pasture meadow, with a separate access gate leading to the main road.
River frontage with fishing rights. A haven for wildlife, birds and visiting deer. There is a public footpath running alongside the southern boundary, with privacy hedge.
Kitchen (4.56m x 3.44m (14'11" x 11'3")) Sitting Room (4.76 x 4.56 (15'7" x 14'11")) Living Room (4.67m x 3.61m (15'4" x 11'10)) Kitchen 2 (5.55 x 2.78 (18'2" x 9'1")) Rear Porch Rear Hall First Floor Landing Bedroom 1 (5.27 x 4.84 (17'3" x 15'10")) Bedroom 2 (5.18 x 3.61 (16'11" x 11'10")) Bedroom 3 (5.66 x 3.67 (18'6" x 12'0")) Bedroom 4 (3.25m x 2.87m (10'8" x 9'5)) Family Bathroom Shower Room Garage (7.63 x 4.75 (25'0" x 15'7")) WC and Store to rear Open Fronted Pole Barn (19.81m x 8.51m (65'0" x 27'11)) Stabling Currently divided into six stables, in need of repair.
Services Mains water, electricity and gas. Drainage is to a septic tank. Local Authority West Devon Borough Council - Tax Bands C and B Epc E53 Tenure Freehold Agents Notes 1.
The property is subject to an overage (uplift) clause within the sale, likely to be 25% for 25 years, which is triggered upon granting of planning consent for development on the site.
This excludes extension or alteration to the farmhouse and any equestrian or agricultural buildings. 2.
There is a public footpath along part of the southern boundary, a privacy hedge has been formed inside this pathway. 3.
The property has had a Contamination Report carried out and there are no adverse findings. 4. The former Wheal Franco mine is located at the western end of the site.
Situation Horrabridge is a moorland village located on the eastern edge of Dartmoor.
Walk on Dartmoor are within easy reach and commuting whilst it is also popular with those who need to commute to Plymouth.
There is a vibrant community in the village with a number of local shops & two public houses.
The popular Drakes Trail runs through the village and this property offers easy access onto it, providing a gentle walk or cycle to Tavistock or Yelverton & beyond.
Directions From Tavistock, take the A386 into Horrabridge. Turn Left onto Graybridge Road and head towards the bridge.
Before the bridge take a left onto Chapel Lane and continue along this road, bearing right and then into the corner of the cul-de-sac where you will see a five-bar gate leading into the entrance of the property.
The access from the A386 is no longer used. Sat nav - PL20 7RX What3words: ///cosmic.cage.husky viewings are strictly by appointment only.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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Area
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FAQ
About Franco Farm, Horrabridge, Yelverton
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