4-bedroom detached house · TQ7 3JQ
For saleListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
South Milton, renowned for its friendly community, is just over a mile inland from a National Trust beach, the South West Coast Path and the popular Beach House Cafe.
The larger village of Thurlestone with its 4-star hotel with private health club facilities and prestigious 18 hole cliff top golf course.
In addition there is a highly regarded primary school, village shop with post office, pub and church.
Salcombe, with its picturesque estuary renowned for its sailing and sandy beaches is approximately 4 miles away.
The market town of Kingsbridge provides an extensive range of independent shops, supermarkets, a sports centre, health centre, small hospital and the highly regarded Kingsbridge Community College.
This area of South Devon is one of the most sought after in the South West, not just for holidays but also with a well established resident community.
Springfield was built in a traditional style about 16 years ago and occupies an elevated south west facing position.
The current owners have comprehensively renovated the house which, amongst other things, includes a full refurbishment of the kitchen and its extension, Ted Todd engineered wood flooring everywhere other than the kitchen and bathrooms, re-configuring the main bedroom, aluminum double glazed windows throughout, creation of a patio entertainment area and new stone walling to the garden.
The fabulous kitchen dining room has an abundance of natural light, Stuv wood burner and French doors to the paved side terrace.
The bespoke hand painted kitchen with double width breakfast bar has silestone worktops, integrated Neff appliances and a large Fisher Paykel dual wine fridge.The spacious sitting room has bespoke fitted wooden entertainment cabinets and two sets of French doors to the front garden.
At the rear of the ground floor is a utility room, shower room and boot room.
On the first floor are three bedrooms, the generous dual aspect main bedroom has a dressing room and recently fitted shower room with marble tiles.
There is a second en-suite bedroom as well as another double bedroom and newly tiled family bathroom on this level.
The top floor has a galleried landing which is currently used as an office space with double bedroom off. The level low maintenance gardens are enclosed and wrap aorund the house.
There is driveway parking for several cars together with a garage with loft space. SERVICES Mains water, drainage and electricity. Oil fired central heating and optional solar hot water.
DIRECTIONS From Kingsbridge take the A381 towards Salcombe and after about 2 miles turn right signposted South Milton.
Proceed through the village, past the village hall and turn right at the next signpost. The driveway to Springfield is on the right hand side.
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.
Area
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FAQ
About South Milton, Kingsbridge
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