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See how verdicts work2-bedroom bungalow · PL20 6SW
For saleListed 192 days
Opportunity summary
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About
SITUATION AND DESCRIPTION A characterful detached Dartmoor home set within approximately 1.6 acres, enjoying a striking and peaceful position surrounded by open moorland and dramatic tors.
Originally built in the 1920s for the local pastor and held on a Duchy lease, the property retains a wealth of period charm, including a central fireplace that forms a natural focal point to the home.
The setting is a standout feature, with far-reaching views from all aspects across the private grounds and extending out over the vast expanse of Dartmoor National Park.
The grounds comprise a combination of paddocks, formal gardens and a generous gated driveway, offering both privacy and practicality for those seeking a rural lifestyle.
In addition to the main house, there are a number of useful stone outbuildings and stabling, many benefit from power and lighting, along with a dedicated space for a private borehole water filtration system.
The land is well arranged and enclosed, making it well suited for equestrian or smallholding use.
The property offers well-proportioned accommodation with a versatile layout, including a spacious principal bedroom suite, additional bedroom and study, along with inviting living spaces oriented to take full advantage of the surrounding views.
Further benefits include oil-fired central heating, double glazing, a wood burning stove and improved insulation. The water system has also been upgraded to provide strong, mains-like pressure.
Situated just off the B3212, the property is well placed for access to the nearby towns of Exeter and Plymouth.
The villages of Postbridge and Princetown are within a short drive and provide a range of everyday amenities, while the renowned Two Bridges Hotel is within walking distance, offering a popular setting for dining and socialising.
Overall, the property presents a rare opportunity to acquire a traditional Dartmoor home in an exceptional location, with land, outbuildings and extensive access to some of the finest riding and walking countryside in the South West.
ACCOMMODATION Reference made to any fixture, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us.
Purchasers should establish the suitability and working condition of these items and services themselves.
The accommodation, together with approximate room sizes, is as follows: RECEPTION HALL 6' 10 " x 6' 4" (2.08m x 1.93m) Doors off.
BEDROOM TWO 9' 5" x 7' 4" (2.87m x 2.24m) PVCu double glazed windows to gardens and views; radiator; opening to dressing area with exposed stone; bespoke sliding doors back to reception hall.
LIVING/DINING ROOM 21' 0" x 14' 3" extending to 24' 0" (6.4m x 4.34m) PVCu double glazed windows to both front and rear garden and views; feature original fireplace with wood burning stove; radiators; doors off.
KITCHEN/BREAKFAST ROOM 14' 8" x 10' 10" (4.47m x 3.3m) PVCu double glazed windows to rear and side garden and views; fitted kitchen and worktops; range recess; airing cup-board housing hot water cylinder; space and plumbing for utilities; doorway to: UTILITY ROOM 7' 0" x 6' 10" (2.13m x 2.08m) PVCu double glazed door to rear and window to side; tiled floor.
INNER HALL Loft access; doors off.
MASTER BEDROOM SUITE 16' 5" x 12' 0" (5m x 3.66m) PVCu double glazed window to gardens and views, solid wood feature wall; 2 radiators; USB ready electrical sockets; door and window to the study and opening to: EN-SUITE SHOWER ROOM/DRESSING ROOM 9' 4" x 8' 6" (2.84m x 2.59m) PVCu double glazed window to side and views; radiator; walk-in rainfall shower; high level w.c; wash hand basin and vanity cupboards; radiator; storage shelving; STUDY 13' 0" x 9' 0" (3.96m x 2.74m) PVCu double glazed windows and door to garden, paddock and views; ideal for morning coffee, reading or evening drinks.
BATHROOM 6' 5" x 6' 2" (1.96m x 1.88m) PVCu double glazed window; panelled bath with shower attachment; low level WC; pedestal wash basin; heated towel rail; hand painted tile floor.
OUTBUILDINGS STABLES/TACK ROOM Two boxes with tack room; concrete floor and covered front; power and lighting.
GARDEN STORE 19' 9" x 9' 0" (6.02m x 2.74m) Stone construction; windows and doorways to garden and views.
STABLE THREE/GARAGE/WORKSHOP WORKSHOP 18' 0" x 12' 6" (5.49m x 3.81m) Wood/metal/stone walls and concrete floor construction with double doors, mains power and lighting; partially insulated with Sheeps Wool.
STORE Housing borehole filtration system; equipment room; fireplace wood storage. STABLE THREE 16' 5" x 10' 0" (5 m x 3.05m) Stone construction; stable door.
EXTERNAL BOILER Oil fired Worcester Greenstar Camray External 18/25. OUTSIDE The property is approached via a five bar gate and onto a sweeping driveway flanked by gardens and paddock.
The driveway is a spacious with plenty of room for hardstanding.
The gardens to the rear of the property are mainly laid to lawn with small stone walls and custom fenced to 5’5” with seating areas enjoying views over the surrounding landscape and neighbouring Crockern Tor.
This in turn leads around to further paddocks and several useful outbuildings.
The garden and paddocks extend to approximately 1.6 acres and are surrounded by some of the very best views, walking and riding available on Dartmoor.
The land is bordered by drystone walling, hedging and post and rail fencing with some of the trees protected.
TENURE The property is subject to the terms of a Duchy of Cornwall lease granted in December 2020 for a term of 20 years (expiring in 2040). The current rent is £1,355 per quater billed in arrears.
Duchy Lease properties are generally not mortgageable. SERVICES Mains Electricity. Private Water. Private Drainage. Oil fired central heating.
OUTGOINGS We understand this property is in band ' C ' for Council Tax purposes. VIEWING Strictly by appointment with MANSBRIDGE BALMENT on .
DIRECTIONS From our Yelverton office proceed to the village of Princetown on the B3212. Upon reaching the village go straight over the mini roundabout onto the Two Bridges Road.
Follow this road out of Princetown until the next T junction, turning right towards the Two Bridges Hotel.
Continue pass the hotel and take the next left as the road forks towards Exeter continuing on the B3212. The bungalow is the first property on the left in the trees. EPC Rating: E
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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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.
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About Two Bridges, Yelverton, PL20
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