3-bedroom detached house · PL8 1AJ
Listing removedListed 72 days
Opportunity summary
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About
Spinnakers enjoys a superb setting in the heart of Newton Ferrers, one of South Devon’s most desirable estuary villages.
The property stands above generous gardens and looks directly across the Yealm Estuary, capturing sun throughout the day.
This is a rare opportunity: a home with a strong footprint, valuable parking (including a double garage) and an exceptional outlook—ideal for those wishing to undertake a renovation or comprehensive redesign to create a prime waterside residence.
Steps lead from the parking area to the main entrance and reception hall.
To the front, the sitting room is arranged around a wide bay window that frames the water and draws light deep into the room which extends into the dining room, creating an easy flow for everyday living.
The sitting room also opens into a small sun room area and out to the garden, ensuring the outlook remains the focus throughout the principal spaces.
The kitchen sits to the rear and links with the breakfast room, well placed for future reconfiguration as a sociable family space (subject to consents).
The principal bedroom mirrors the sitting room with a broad bay and an open view across the estuary. A family bathroom completes the accommodation on this floor.
On the lower ground level there are two further bedrooms, a WC and a utility area providing useful service space and scope for future flexibility.
Please note: head height is restricted throughout this lower level.
A double garage sits at road level with a workshop/store beneath—an excellent provision for storage, hobby space or potential ancillary use, subject to the requisite consents.
The gardens are arranged in wide, usable terraces providing distinct areas suitable for dining, planting and quiet seating; fruit trees add seasonal interest.
Each terrace maintains sightlines to the water, creating a strong connection between house, garden and estuary—ideal for relaxed everyday living and easy entertaining.
Village amenities are a short walk away: Co-op, post office, pharmacy, deli café, three popular pubs, yacht club and a well-regarded primary school.
The Yealm is loved for sailing, paddleboarding and swimming, with slipways and deep-water moorings available locally subject to application with the Harbour Master.
Superb walking is close by, including National Trust coastline and the South West Coast Path.
Wider services can be found in Yealmpton, Modbury, Ivybridge and Plymouth, which also provides culture, university and mainline rail to London and beyond.
Services Mains water, electricity and drainage. Oil combi boiler.
EPC Rating Current: D - 59, Potential: C - 72, Rating: D Council Tax Band E Tenure Freehold Authority South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ9 5HE, Tel: Fixtures and Fittings All items in the written text of these particulars are included in the sale.
All others 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.
Viewing Strictly by appointment with the sole agents, Marchand Petit, Newton Ferrers Office. Tel:
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 Church Park, Newton Ferrers
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