We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · PL19 0JS
Listing removedReduced £25k (−6.7%) on 10 AugListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on the fringes of the highly sought-after market town of Tavistock, this charming detached cottage presents a rare opportunity to acquire a characterful home in a truly desirable setting.
Offering a wonderful blend of space, versatility, and potential, the property is ideal for those seeking a peaceful lifestyle while remaining within easy reach of local amenities.
Upon entering, you are welcomed by a generously proportioned living room, providing a warm and inviting space perfect for both relaxing and entertaining.
The well-appointed kitchen/ dining room provides a sociable hub of the home, ideal for everyday family living.
To the rear, a bright and airy sunroom offers a tranquil retreat, enjoying pleasant views over the garden and nearby woodland, allowing natural light to flood the space.
A conveniently located ground floor bathroom completes the accommodation on this level. Upstairs, the property continues to impress with two well-sized bedrooms.
In addition, a versatile adjoining room accessed from the second bedroom offers excellent flexibility, lending itself perfectly as a third bedroom, home office, nursery, or dressing room depending on individual needs.
Externally, the property benefits from off-road parking and a garage, providing ample space for vehicles and storage.
A further outbuilding adds valuable additional storage or potential for workshop use.
The enclosed lawned gardens offer delightful outdoor spaces, ideal for enjoying the surrounding setting, gardening, or alfresco dining.
Combining charm, practicality, and scope for personalisation, this delightful cottage represents a fantastic opportunity in a highly regarded location.
Early viewing is strongly recommended to fully appreciate all that this unique home has to offer. Agents note: These photographs are from when the property was tenanted, a year ago.
Tavistock is a thriving stannary market town in West Devon, nestled on the western edge of Dartmoor National Park.
Tavistock is an ancient town, rich in history dating back to the 10th century and famed for being the birthplace of Sir Francis Drake.
Largely the 19th-century town centre is focused around Bedford Square which is a short stroll from this property.
The town offers a superb range of shopping, boasting the famous Pannier Market and a wide range of local and national shops.
Also there are public houses, cafes, restaurants, social clubs, riverside park, leisure centre, theatre, doctors surgery, dentists and Tavistock Hospital.
There are excellent educational facilities including primary and secondary schools in the state and private sector.
The town has superb recreation and sporting facilities including; Tennis club, bowls club, golf club, cricket clubs, football club and athletics track.
Plymouth, some 15 miles to the south, offers extensive amenities.
The cathedral city of Exeter lies some 40 miles to the northeast, providing transport connections to London and the rest of the UK via its railway links and the M5 motorway.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
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FAQ
About Wilminstone Cottage,, Parkwood Road, Devon
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