5-bedroom bungalow · TQ13 8DL
For saleReduced £25k (−2.8%) on 23 SepListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cuckoofield is a wonderful home set within 1.87 acres of lovely land on the edge of the popular town of Chagford.
The property has excellent reception space with beautiful views over the grounds and across to Kes Tor.
At the heart of the home is the kitchen/breakfast room with a Rayburn and the sitting room with a wood burner. There is an attractive principal bedroom and three further bedrooms in the main house.
There is a separate one bed annexe which can provide an income or overflow accommodation. For equestrian use there are stables and there is also a separate workshop.
It is worth noting that in addition to the outbuildings there are a number of raised beds and a mature garden as well as paddocks making this home both highly sought after and versatile.
Cuckoofield is in a wonderful position in the renowned Dartmoor National Park and located on the edge of this popular village.
Chagford is a picturesque stannary town on the north-easterly edge of Dartmoor.
Chagford has been voted “Best rural place to live in Britain” by the Sunday Times and boasts a wide range of conveniences and speciality shops including a Post Office, surgery, pharmacy, family butcher, wine shop, bakery, green grocer, two delicatessens, various restaurants, cafés, pubs and a large hardware and household store.
There are three hotels including Bovey Castle and the world famous Gidleigh Park with it's Michelin starred restaurant.
Further afield is the market town of Okehampton which has a large Waitrose supermarket. The village has a primary school, pre-school and Montessori.
The Cathedral City of Exeter has a good selection of private schools, including The Maynard and Exeter School.
The nearby ancient stannary and market town of Tavistock has Mount Kelly which is also a private school. The A30, which is 4.5 miles away, gives good, quick access to Exeter and the M5.
There are regular rail services to London Paddington from Newton Abbot and Exeter.
Exeter Airport has a growing number of national and international flights, including daily flights to London City Airport.
Chagford is perfectly situated for Dartmoor's vast array of activities such as fishing, walking and cycling which are all within easy reach of the property.
The village has its own outdoor river fed community swimming pool, which is within walking distance from the property.
Bovey Castle, which has a superb 18 hole golf course and extensive leisure facilities, lies about three miles to the south.
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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