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See how verdicts work4-bedroom detached house · TQ8 8FF
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Salcombe is one of the most sought after addresses on Devon’s south coast and for good reason; the town is situated on the Kingsbridge and Salcombe Estuary, flanked by the glorious rolling countryside of the South Hams and is renowned for its micro climate which makes it an ideal place for year round living.
Salcombe offers two sandy beaches, North Sands and South Sands and a short boat trip across the water to East Portlemouth provides access to a long sandy beach with hidden coves backed by woodland and coastal paths.
The property is conveniently located close to the local primary school, a superb butchers and only a short walk into the town and harbour which has an excellent range of shops, pubs and restaurants.
Arranged over three floor with 2200 sq ft of spacious accommodation, The Fulmar is one of 12 newly completed houses on a private development at the end of a no through road on the outskirts of this highly desirable seaside town.
On the entrance level is a bedroom with en-suite shower room, utility room, wet room and access to the integral double garage.
The L-shaped open plan kitchen dining living accommodation with balcony is on the first floor and bi-fold doors lead out to the rear west facing garden.
There is also a study and guest cloakroom on this floor. The top floor has three double bedrooms, the principal has an en-suite shower room and access to a balcony.
The other two bedrooms share a family bathroom. The level lawned garden is easy to maintain and in front of the garage is driveway parking for two cars.
Located beside one of the loveliest estuaries in the South West with miles of sheltered water and fine sandy beaches on either side towards its mouth, Salcombe is the jewel of the South Hams and this is an exciting opportunity to acquire one of the last remaining homes on this brand new development.
SERVICES Mains water, drainage, gas and electricity. DIRECTIONS On entering Salcombe from Kingsbridge take the first left on to McIlwraith Road.
Follow the road down, past the turning for Orchard Drive and The Fulmar will be found a short distance along on the right hand side. EPC Rating: B
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 Mcilwraith Road, Salcombe
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