3-bedroom detached house · TQ7 3DN
For saleListed 234 days
Opportunity summary
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About
Salcombe is renowned as a sailing and boating centre, 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.
The popular town has an excellent range of shops, pubs and restaurants.
Rivendell is located in a peaceful valley which runs down to the beach at South Sands near the mouth of the Salcombe Estuary and is about a mile and a half on foot from Salcombe town centre.
South Sands which has two boutique hotels and a watersports centre with cafe is walkable within about 15 minutes and the South Sands Ferry provides easy access to Salcombe town centre.
Close by there are some spectacular coastal walks around the cliffs at Bolt Head which guards the entrance to the harbour.
Nestled in a peaceful and elevated setting, Rivendell occupies an enviable south facing position with the principal rooms taking full advantage of the uninterrupted views across an unspoilt partly wooded valley to countryside beyond.
The accommodation is well presented throughout and has an abundance of natural light with plentiful windows to maximise the beautiful views.
The spacious sitting room has an open fire and French doors to the paved sun terrace that runs across the front of the property.
The fitted kitchen has space to dine and door to the garden; there is also a separate dining room.
The principal bedroom has a modern en-suite shower room and French doors to the sun terrace; a family bathroom serves the other two bedrooms.
The sloping garden has been cleverly terraced with natural stone retaining walls supporting colourful flowerbeds.
The terrace at the front is a delightful area to sit and enjoy the breathtaking views over the Combe valley.
There is parking for a number of cars and space to store a boat which can be launched from the public slipway at South Sands. SERVICES Mains water and electricity. Oil fired central heating.
Private drainage.
DIRECTIONS From Kingsbridge take the A381 Salcombe road and on reaching the village of Malborough turn off the main road by going straight ahead at the crossroads into Collaton Road (signposted Sharpitor).
Follow this road for about 1/4 of a mile and then turn right, signposted South Sands, proceed down the hill and after passing through the small hamlet of Combe the entrance to the property will be found after about two hundred yards on the left hand side.
EPC Rating: D
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
Agent & docs
FAQ
About Combe, Malborough, Kingsbridge
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