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See how verdicts work6-bedroom house · PL19 0DY
Listing removedReduced £55k (−7.3%) on 20 JunListed 193 days
Opportunity summary
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About
In an unrivalled position, enjoying superb views of the viaduct, town and Dartmoor, boasting extensive gardens and grounds of approximately three quarters of an acre, is this detached five bedroom cottage, together with a detached three bedroom annexe.
Offering flexible living for multi-generational families or as a secondary income, with the annexe, the main house benefits three reception rooms, including a large reception hall, impressive sitting room with woodburning stove, extensive kitchen/dining room opening into a superb garden room overlooking the decked terrace and views.
Also on the ground floor you will find an office and adjoining utility/boiler room with the inverter for solar panels and battery back up, for both the cottage and annexe.
A ground floor bedroom with an ensuite shower room, ideal for those not wishing to use stairs. The striking bespoke fitted kitchen enjoys stunning views via bi-folding doors to the rear.
A central island, with solid wood worktop, cupboards and sockets below, further units under solid stone worktops, Belfast sink, electric Aga range cooker, further built-in electric oven and half size induction hob.
Small wine fridge and and wine rack. Integrated dishwasher and space for American style fridge/freezer. On the first floor, generous bedrooms complemented with two ensuite bathrooms and a cloakroom.
The master suite boasts a Juliet balcony enjoying the views, dressing room and a large ensuite shower/bathroom with 'egg' shape bath and walk-in shower.
Further double bedroom with ensuite bathroom and three further bedrooms.
Approached over a gravelled drive providing parking for around five cars, access is given to the annexe and a right of way to a further property.
The private gardens and grounds wrap the cottage with extensive decked terrace, many mature hedges, sunken patio, useful store shed and a detached former piggery.
Adjoining paddock, currently overgrown but potential for many uses.
Reception Hall (5.01m x 4.04m (16'5" x 13'3")) Sitting Room (4.95m x 4.18m (16'2" x 13'8")) Kitchen/Dining Room (9.39m x 4.01m (30'9" x 13'1")) Garden Room (3.10m x 2.87m (10'2" x 9'4")) Office (3.89m x 3.14 (12'9" x 10'3")) Utility/Boiler Room Ground Floor Bedroom 6 (4.22m x 3.12m (13'10" x 10'2")) Ensuite Shower Room (2.39m x 1.95m (7'10" x 6'4")) First Floor Landing Bedroom 1 (4.20m extending to 6.73m x 4.04m (13'9" extending) Dressing Room (2.41m x 2.25m (7'10" x 7'4")) Ensuite Bathroom (4.07m x 1.93m (13'4" x 6'3")) Bedroom 2 (4.27m x 3.82m (14'0" x 12'6")) Range of built-in wardrobes.
Ensuite Bathroom (1.98m x 1.68m (6'5" x 5'6")) Bedroom 3 (3.68m x 3.23m (12'0" x 10'7")) Range of built-in wardrobes.
Bedroom 4 (3.28m x 3.00m (10'9" x 9'10")) Cloakroom (1.73m x 1.55m (5'8" x 5'1")) Bedroom 5 (3.15m x 3.00m (10'4" x 9'10")) Detached Annexe Comprises 3 Bedrooms. Details and floorplan to follow.
EPC - Commissioned. Services Mains water, electricity, drainage and gas. Epc Tbc - Commissioned Tenure Freehold Local Authority West Devon Borough Council.
Tax Bands - Main House F and Annexe A Situation Tavistock is an ancient stannary and market town located on the edge of the Dartmoor National Park.
The town offers a wide range of local and national shops whilst also boasting the renowned pannier market, riverside park, leisure centre and theatre.
The area is excellent for visitors both to see the town itself and for exploring the surrounding countryside, the wild Dartmoor scenery and the many neighbouring pretty villages and a variety of National Trust properties.
There are exceptional educational facilities in both the state and private sector.
The town itself has fantastic sporting facilities including, tennis courts, a bowls club, athletics track and various football pitches.
For golf enthusiasts, there are excellent golf courses nearby, at Yelverton and Tavistock and St. Mellion.
There are also opportunities to fish by arrangement on a number of local rivers, including the Walkham, Tavy and Tamar.
Directions From Tavistock, proceed along Drake Road, turning left into Glanville Road, continue along this road and as it descends and bends to the right, the entrance to Madge Lane, which is a no-through road, will be found on the left.
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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About Honeysuckle Cottage, Madge Lane, Tavistock
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