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See how verdicts work3-bedroom house · TQ7 3HD
Sold STCListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptionally well-presented detached three bedroom bungalow in the sought after location of Hope Cove, with a private driveway, single garage and gardens surrounding the property. EPC E.
Situation - Hope Cove lies within the South Devon Area of Outstanding Natural Beauty.
It is a small seaside village that is nestled between Salcombe to the east and Thurlestone to the west, that rests in the sanctuary of Bolt Tail in the arc of the Bay at Bigbury.
It really is the place for a perfect coastal retreat where a laid back welcoming atmosphere greets you and the ideal place to enjoy the sandy beaches, fabulous bathing waters, and pretty surroundings.
Once a thriving fishing village, Hope Cove is now, in the main, devoted to a relaxed style of tourism, so whether you are dreaming of relaxing on the beach, being out on the water or hiking the South West Coast Path the area really has it all.
Description - The property is thought to have been built in 1965, but has been greatly improved by the current owners and represents an excellent opportunity to purchase a spacious bungalow with a private and large enclosed garden, together with an attractive block-paved driveway providing parking for at least three vehicles.
Accommodation - This superb bungalow has been enhanced throughout by the current owners, which is immediately evident on approach over the block-paved, stone-walled private driveway.
The property offers a generous open-plan sitting room/dining room, with stone fireplace with an inset wood-burning stove.
The central hallway provides access to the fitted kitchen, where the Trianco oil-fired boiler is located, with a rear door leading out to the garden and a pathway down to the utility room positioned to the rear of the single garage.
There are three double bedrooms, one with a sliding door through to a fully tiled en suite shower room, together with a fully tiled family bathroom with a shower over the bath.
Outside - The property enjoys a good-sized area of gently sloping lawn to the front with mature herbaceous borders.
A large raised patio provides an excellent space for outdoor dining and entertaining, with a mature hedge creating a good degree of privacy from neighbouring properties.
Services - Mains drainage, water and electricity are connected, with oil-fired central heating. Freehold sale. According to Ofcom, the property has good mobile reception and up to superfast broadband.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs

FAQ
About Weymouth Park, Hope Cove, Kingsbridge
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