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See how verdicts work4-bedroom detached house · TQ12 4QF
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautiful detached barn conversion close to the heart of this popular, picturesque near-coastal village with beautiful views of the surrounding countryside.
Mill Leat Farm is a stunning detached residence showcasing stone, timber, and rendered elevations beneath thatched and tiled roofs.
Converted from agricultural buildings in 1984, the home retains many reclaimed period features that lend authentic character while offering the comfort of a modern conversion.
The property offers four good sized bedrooms including a master room with a built-in wardrobe and en-suite shower room, several generous reception rooms, a beautiful traditional kitchen/breakfast room, a modern shower room, and a cloakroom WC/utility.
Externally the property boasts charming mature gardens with ample sitting areas and established beds, extensive parking accessed via secure gates, a double carport, a useful barn with an external store with potential conversion (subject to consent), and to the side, the lawn wraps around a medieval open barn (The Linney), owned and maintained by the Parish Council.
Mill Leat Farm enjoys a level approach near the heart of the sought-after village of Stokeinteignhead, a picturesque valley setting known for its pretty cottages and welcoming community.
The village offers a 14th-century church, a well-regarded primary school, village store, popular Church House Inn, and a modern hall.
Nearby are the coastal villages of Shaldon and Maidencombe, the latter with its sandy beach and access to the South West Coast Path.
Torquay, around 6 miles south, provides excellent amenities including a marina, hospitals, grammar schools, and leisure facilities, and Teignmouth station (approx.
3 miles) offers mainline rail services to London Paddington.
Additional information: Council Tax Band: G Local Authority: Teignbridge Legal disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including heating and so cannot verify they are in working order or fit for their purpose.
Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure To be confirmed by the Vendor’s Solicitors Possession Vacant possession upon completion Viewing Viewing strictly by appointment through The Express Estate Agency
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Mill Leat Farm, Deane Road, Newton Abbot
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