3-bedroom bungalow · TQ13 8DN
For saleListed 233 days
Opportunity summary
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About
A three double bedroom link-detached bungalow on this cul-de-sac development towards the outskirts of this popular Dartmoor town.
Offering good sized gardens to three sides and well laid out internal accommodation it also benefits from a Garage with parking to front. Gas central heating and wood floors almost throughout.
Situation The property is situated close to the centre of the picturesque old market town of Chagford, deep in the Dartmoor National Park and is a superb location from which to access the open spaces of the high moor as well as the wooded, pastoral landscape of the nearby Teign Valley.
With a thriving community, it has a comprehensive range of shops and other facilities including, inns, a primary school, medical, dental and veterinary facilities and churches.
Despite the deeply rural atmosphere of the town, the A30 dual carriageway is only approximately 5 miles away for easy access to the motorway and rail networks as well as the cathedral city of Exeter where all major facilities can be found.
There are good public transport links between Chagford and Exeter, Newton Abbot and Okehampton.
Local sporting facilities include clubs for cricket, football, bowls, tennis and a seasonal open-air swimming pool as well as a golf course nearby at Bovey Castle.
Description The bungalow is in a tucked away part of the Lamb Park development and is believed to have been built circa 1973 and be of traditional cavity construction .
It is fully double glazed and benefits from mains gas central heating.
It has a traditional layout internally (with attractive wood floors) which works well with access out into its private rear garden or the secure side passage.
It also benefits from a terraced garage with parking to front.
Accommodation The main entrance has a small storm porch opening into the main Hallway with a cupboard housing the modern boiler and hot water tank.
Doors lead off to all rooms including a good sized Kitchen/Breakfast Room with modern timber effect units with space for a cooker, space for an upright fridge freezer and plumbing for dishwasher, a serving hatch, and a stable style door back out to the side garden.
The bright Living Room is generous in size and south facing with wood flooring and has doors out to the side terrace and garden.
There are also three double bedrooms, a bathroom, and a separate Cloakroom with WC. Outside From the main gate a path leads up past a side garden and back door to the main front door.
There is also a doorway with a passage leading through to the main rear garden. The passage is solely owned by No 35 and has been used for additional storage and for a chest freezer in the past.
The side garden is gently sloping with wildflowers and trees and leads through to a paved terrace to the rear of the Living Room with a pond and some further mature trees and hedging.
A timber gate leads through to the main garden which is particularly private and level.
It is mainly laid to lawn with some small trees and shrubs, a previously used vegetable bed and a sunken paved seating area. The main garden is South and East facing.
The Garage is part of a terrace of garages located opposite the bungalow with parking available in front. There is no light or power connected to the Garage.
Services Mains gas, electric, water and drainage. Superfast Broadband available up to 80mbps download, 20mbps upload (Source Ofcom).
Directions When coming into Chagford on the B3206, continue past the fire station on your left and school on your right. Take the next right hand turn into Lamb Park.
Follow the road and take the first proper turn on the right hand side. Continue down this road almost to the very end.
As you approach some Garages straight ahead the bungalow will be found on the right hand side. What3Words location: mermaids.area.gashes
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.
Area
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About Lamb Park, Chagford
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