7-bedroom house · PL20 6RE
For saleListed 111 days
Opportunity summary
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About
Set against the dramatic backdrop of Dartmoor on the edge of Princetown, Chaplains House is a striking Victorian home that effortlessly combines period elegance with contemporary comfort.
Grand in scale yet warm in atmosphere, this exceptional residence presents a rare chance to embrace country living with versatility, privacy, and income potential all in one.
From the moment you step inside, the home reveals its rich heritage through high ceilings, oak panelled doors, herringbone flooring, and beautifully crafted Bath stone fireplaces with multi-fuel burners.
Large picture windows flood the interiors with natural light, enhancing the sense of space and connection to the surrounding moorland landscape.
Designed with modern lifestyles in mind, the property offers an abundance of flexible living space.
Two elegant reception rooms provide the perfect setting for both relaxed family life and sophisticated entertaining, while the dining area flows seamlessly into a generous, well-appointed kitchen-creating a true social hub at the heart of the home.
A second sitting room on the lower ground floor further enhances the versatility, ideal for quieter moments or extended family use.
Uniquely, the house benefits from two fully functional kitchen areas.
The main kitchen serves everyday living with ease, while the additional lower ground kitchen opens up exciting possibilities for multi-generational living, guest accommodation, or lifestyle business use.
In total, the property offers seven bedrooms, thoughtfully arranged to maximise flexibility.
The upper floors host five bright and spacious rooms, while the lower ground level features a beautifully presented, self-contained two-bedroom apartment known as The Garden Rooms.
With its own private entrance, this established holiday let offers immediate income potential or independent accommodation for guests or family.
The current owner has successfully operated the annexed section of the property as a holiday let, creating a well-established and lucrative additional income stream. Outside, the charm continues.
The enclosed landscaped gardens provide a peaceful and private retreat, complete with lawned areas, mature planting, and inviting spaces for outdoor living.
A sunken patio, traditional granite barbecue, and firepit create an idyllic setting for entertaining beneath open skies.
Two substantial outbuildings add further practicality, with scope for conversion subject to consent.
Ample off-road parking ensures convenience, while the property’s location places you moments from Dartmoor’s renowned walking and cycling routes.
Despite its tranquil setting, local amenities, eateries, and schooling in Princetown remain within easy reach. Chaplains House is more than just a home-it is a lifestyle opportunity.
Whether you are seeking a substantial family residence, a multi-generational haven, or a property that seamlessly blends living with earning potential, this remarkable home offers it all in one of Devon’s most iconic settings.
Princetown is a distinctive moorland village set in the heart of Dartmoor National Park, offering a selection of local amenities including a primary school, village store/newsagent, high moorland visitor centre, hotel, pubs, and a church.
While the village enjoys a peaceful, remote setting, it is served by a limited bus service to and from Plymouth, approximately 14 miles to the south via Yelverton.
Just over 6 miles away lies Tavistock, a thriving and awardwinning market town with rich history dating back to the 10th century.
Known as the birthplace of Sir Francis Drake, Tavistock offers a wide range of independent shops, cafes, regular farmers’ markets, and a comprehensive range of amenities, including both state and private schools, gp surgeries, a swimming pool, and tennis courts.
Nearby Yelverton provides additional everyday conveniences such as a Co-op supermarket, Post Office/pharmacy, butcher, garage, bank, and a choice of hotels and inns.
The historic naval city of Plymouth, around 10 miles away, offers extensive shopping, cultural, educational, and recreational facilities.
Princetown is also well connected via local school transport and county bus services, while the nearby A386 provides easy access to the A38 (just north of Plymouth) and the A30 at Sourton - both major routes linking to Exeter and the M5 motorway.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Chaplains House,, Tavistock Road, Yelverton
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