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See how verdicts work3-bedroom detached house · TQ9 7QE
For saleListed 178 days
Opportunity summary
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About
The Shippen is set within Nutcombe Barns a set potential barn conversions in a loose courtyard formation with one other detached barns and a pair of semi-detached barns.
The barns have been granted full residential planning permission to convert into four dwellings with their own private outdoor gardens space along with a communal farmyard courtyard and private parking.
Situation 1.7 miles away is the popular village of East Allington, has a Parish Church and a well-regarded Primary School, part of an academy collection of schools.
The Fortescue Arms Pub is popular and well supported.
There is an enviable recreational ground, a multi-purpose fenced play area with newly installed equipment, football field, skateboarding ramp, picnic area and a large dog friendly meadow.
The surrounding South Hams countryside is delightful, unspoilt and offers excellent opportunities for outdoor pursuits.
The nearby market town of Kingsbridge is on the Salcombe Estuary and is approximately 5 miles and offers good shopping facilities, cafes, restaurants, and a renowned secondary school.
Totnes is the historic gateway to the South Hams also has a superb range of shops, further educational provision, and a mainline station to London Paddington.
The beautiful South Devon coastal resorts are also within very easy reach.
Property Set overlooking a delightful Devon valley, The Stables at Nutcombe Barns is set in a loose courtyard formation with one other detached barn and a pair of semi-detached barns.
The barns have been granted full planning permission to convert into four dwellings with their own private outdoor areas along with a communal farmyard courtyard and private parking.
There is also planning permission for a new driveway and entrance to the development through a paddock of approximately 2 acres. Barn 2 The Stables.
A detached barn with planning consent for a 3 bedroomed, two bathroom property with a kitchen/diner and a sitting room located on the first floor making the most of the views.
Please see attached plans.
Lot 2 (Available by separate negotiation) There is a partially stone walled orchard and grass area along with lean-too stabling abutting a neighbouring Class Q Barn, with adjoining lane which leads into a historic lane down into the valley below.
Nutcombe Barns This property forms part of a larger site comprising of 4 barns, all available under a single guide price of £750,000. Please contact Rendells for further information.
Services Mains electricity (x 2 supplies). A borehole will be required to be installed to supply the dwellings with water and a shared private drainage system.
There is also opportunity to create an eco-efficient development with solar panelling and ground heat source heating.
Agents Note We are advised the owner of the class Q Barn is willing to take on a 50% share of the new driveway cost with the other 50% costs being the responsibility of the 4 Barns.
No formal agreement is in place as yet. Planning Portal Reference at South Hams District Council REF: 0903/25/FUL.
CGI Image Disclaimer (Please Note) IMPORTANT NOTICE: The computer-generated images (CGIs) contained within these particulars are provided for illustrative purposes only and are intended to give an indication of the potential appearance of the approved barn conversion scheme.
The property is being marketed and offered for sale in its current condition.
Whilst every effort has been made to ensure the CGIs are representative, they should not be relied upon as an exact representation of the approved plans, specifications, finishes, landscaping, surroundings or completed development.
Interested parties should satisfy themselves by reviewing the approved planning documentation, drawings and associated information, which shall take precedence over any illustrative material.
All CGI information is provided in good faith but should not be relied upon as statements of fact.
Local Authority South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ9 5NE. Viewing Arrangements Strictly by appointment with a member of the Rendells team.
Directions From Totnes take the A381 for Kingsbridge and continue for approximately 8 miles. Take the second left turning for East Allington after The Mounts.
After approximately 1 mile along the lane towards East Allington at Nutcombe Cross turn right and Nutcombe Farm is situated on the left, turn into the private lane and go past the farmhouse and turn right through the gap in the fence and the barns will be on the left.
What3Words: animals.secretly.feasted
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 The Stables, East Allington, Totnes
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