2-bedroom bungalow · TQ6 0NH
Sold STCListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous 2 bedroom holiday chalet occupying a quiet location on the popular site of Norton Park located at the outskirts of Dartmouth.
The chalet boasts a modernised design and spacious feel throughout.
The Accommodation Comprises: - (ALL MEASUREMENTS APPROX) Lounge - 4.25 x 4.06 (13'11" x 13'3") - Double glazed windows to front with views towards the River Dart, wall mounted electric heater, laminate flooring, doors to; Kitchen - 2.16 x 1.66 (7'1" x 5'5") - Double glazed window to rear, modern refitted base and wall mounted kitchen units, worksurface with inset single drainer acrylic sink with swan neck mixer tap, inset 4 ring induction hob, built-in stainless steel oven under, stainless steel extractor chimney hood above, integrated dishwasher, space for fridge/freezer, tiled splashbacks, under cupboard lighting, recessed ceiling downlighters, space for undercounter fridge.
Bedroom One - 3.03 x 2.29 (9'11" x 7'6") - Double glazed window to front with views towards the River Dart, wall mounted electric heater, laminate flooring.
Bedroom Two - 3.14 x 2.3 (10'3" x 7'6") - Double glazed window to rear, wall mounted electric heater, laminate flooring.
Shower Room - Double glazed frosted window to rear, corner shower enclosure with "mira sport" electric shower, worksurface with inset designer sink and mixer tap, built-in cupboard under, hidden cistern WC, space and plumbing for a washing machine, space for a tumble dryer, built-in storage cupboard, fully tiled walls, wall mounted extractor fan, wall mounted designer electric heated towel rail, recessed ceiling downlighters.
Outside - The property has the benefit of the parks communal grounds and communal parking close to the chalet.
Council Tax Band: A - Amount payable approx £1581 We have been informed that by the chalet owners association that they have received confirmation from South Hams District Council that the chalets on this site receive a class L exemption and therefore will not be liable for a double council tax charge as is the case with other 2nd homes.
Planning permission granted for 12 month usage. Ground Rent - Approx £257 per quarter. Services - Electricity, water and drainage are connected.
Local Authority - South Hams District Council Consumer Protection From Unfair Trading - These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate.
No guarantee can be given with regards to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested.
Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make an appointment to view before travelling to see a property.
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 Norton Park, Dartmouth
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