3-bedroom house · PL19 9AT
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire a three bedroom end of terrace house, occupying a generous plot and offering excellent scope for improvement and modernisation.
Having been lovingly owned by the same family for over 40 years, this well-positioned home offers spacious and versatile accommodation, together with the opportunity for new owners to create a property perfectly suited to their own lifestyle and requirements.
The property is approached via a generous front garden, providing an attractive first impression and leading to the entrance door.
Upon entering, the welcoming hallway provides access to the main living accommodation and stairs rising to the first floor.
The comfortable living room offers a pleasant space to relax, while the spacious kitchen/dining room provides a practical and sociable area, ideal for family life and entertaining.
To the first floor, the property offers three well-proportioned bedrooms, a family shower room and a separate cloakroom.
The third bedroom benefits from a useful cupboard providing access by way of staits to an attic room, offering valuable additional storage or potential for further use, subject to any necessary consents.
Externally, the property benefits from a good-sized rear garden, off-road parking for two vehicles and a useful outbuilding, providing excellent storage or workshop space.
The outdoor areas offer plenty of potential for landscaping and improvement, creating an attractive space to enjoy throughout the year.
There is also exciting potential to extend the property, subject to obtaining the necessary planning permissions and consents, allowing buyers the opportunity to further enhance and add value to this already appealing home.
Located in a popular residential area, this property presents a fantastic opportunity for first-time buyers, families or those looking for a project with genuine potential.
With its generous plot, spacious accommodation and excellent possibilities for improvement, this much-loved home is ready for its next chapter.
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
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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.
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FAQ
About 46, Drake Gardens, Devon
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