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See how verdicts work2-bedroom terraced house · TQ8 8FF
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming raised and well-positioned home in Salcombe, enjoying attractive rural and estuary views, a private courtyard garden and the rare convenience of allocated parking directly outside the property.
Offered with no forward chain and subject to a Devon local occupancy restriction.
This appealing property presents an excellent opportunity to acquire a home in one of the South Hams’ most sought-after coastal towns.
Its elevated position provides a pleasant outlook towards the surrounding countryside and parts of the Ria, while its location offers convenient access to the many amenities, beaches and coastal walks for which Salcombe is renowned.
The property would make an ideal permanent home, local base or commuter property, with the potential for rental income, subject always to the applicable occupancy restrictions.
Outside, the private courtyard garden benefits from its own independent access, creating a useful and enjoyable space for relaxing or entertaining.
The allocated parking directly outside the property is a particularly valuable feature in Salcombe and adds considerable day-to-day convenience.
The property is offered with no forward chain, providing the opportunity for a relatively straightforward purchase. The Devon local occupancy restriction is an important feature of the property.
It is not therefore available for unrestricted purchase, and prospective purchasers will need to satisfy the relevant eligibility criteria.
For qualifying local purchasers, this restriction may provide an opportunity to secure a home in Salcombe that could otherwise be difficult to access.
Typical criteria to qualify for a Devon Restriction property: -You have lived in the local area for a specified period. -You have a job or business in the local area.
-You Need to move to the area to take up employment. -You have close family connections in the area and needs to provide or receive care.
-You are otherwise able to demonstrate a qualifying local housing need. The property is currently part owned with Live West. The guide price is to secure 100% ownership.
For more information please ask agent. Material Information: Council Tax: Band B Tenure: Leasehold Construction: Believed to be of standard construction Mobile signal: Please check the Ofcom website.
Parking: 1 car, on street parking also Local Authority: South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE. Tel: Viewing: Strictly by appointment with agent - Quote DB1611
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
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FAQ
About 5, McIlwraith Road, Salcombe
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