2-bedroom house · PL21 9LP
Listing removedListed 229 days
Opportunity summary
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About
DESCRIPTION This charming cottage is located in the heart of the popular village of Ermington.
The unique property is end of terrace, full of character, arranged with 2 bedrooms, generous reception room, kitchen/dining room and bathroom.
ACCOMMODATION A timber barn door opens into a generous reception room, which has a fabulous lantern sky light, exposed stonework and timber cladding, and a large store cupboard.
This room used to be an outdoor space but has since been made into a garden room/reception room.
An internal door leads through to an inner hall, providing stairs to the first floor, and connects with the kitchen/dining room.
The stylish kitchen/dining room has two front aspect windows, painted ceiling beams and stone walls, a feature fireplace and tiled flooring.
The kitchen has fitted units, electric oven and hob, a breakfast bar and an integrated dishwasher. Bedroom 1 has a dual aspect with views over the square.
Bedroom 2 has a front aspect with views over the square and a built-in cupboard. The contemporary bathroom is arranged with a bath, with shower overhead, wc and basin.
LOCATION Ermington Village and Parish is nestled in the heart of the beautiful South Hams in Devon, sandwiched between the nearby towns of Ivybridge and Modbury, and other villages such as Ugborough and Westlake.
Famous for its crooked spire, St Peter and St Paul Church is centrally located within the village and is where the local public house derives its name.
The First and Last bistro offers locally made food and is known for the good atmosphere it provides.
Nearby is the Plantation House Hotel which has an established reputation for the very highest standards of cuisine, making it perfect for special occasions.
Ermington also boasts having its own primary school, with an extremely good reputation. SERVICES All mains connected. Gas central heating.
TENURE Freehold LOCAL AUTHORITY South Hams District Council. FIXTURES AND FITTINGS All items in the written text of these particulars are included in the sale.
All other are expressly excluded regardless of inclusion in any photographs. Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
VIEWINGS Strictly by appointment only through the Modbury branch of Marchand Petit.
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 The Square, Ermington
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