6-bedroom house · PL19 8EN
For saleReduced £50k (−5.6%) on 15 AugListed 356 days
Opportunity summary
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About
Buctor House is an impressive Victorian style building, approached via a pillared entrance with plentiful parking, gardens & grounds extending to 0.89 of an acre, together with a detached former coach house offering scope for a variety of uses subject to the necessary consents.
Offered with no chain.
The Accommodation The property is accessed via a side entrance vestibule with stained glass partition through to an impressive reception hall with high ceilings and ornate cornicing.
A further door gives access to the front gardens.
The accommodation enjoys over 4600 sq ft of floor space which includes three principal reception rooms on the ground floor together with a modern fitted kitchen, utility room and separate cloakroom.
There is also a downstairs bedroom with en suite.
The first floor landing is spacious with access to a balcony being the most ideal vantage point to take in the views over the surrounding area and town beyond.
There are two double bedrooms with en suites together with three further double bedrooms and two separate bathrooms.
The staircase continues to the second floor with access to two loft rooms, ideal as extra bedrooms or office space.
The property would lend itself to a variety of uses to include dentists, doctors, architects, etc or as a private dwelling, and we advise any prospective purchaser to make the necessary investigations as to what consents would be required.
We understand that there is a restriction that the property cannot be used as a children's care home.
Gardens & Grounds The property is approached via a pillared entrance which leads to an extensive driveway providing plentiful parking for numerous vehicles.
The gardens wrap all around the property with formal lawned areas and mature shrubs and trees providing privacy and extend to 0.89 of an acre.
The Coach House To the left hand side of the driveway is a detached stone built former coach house.
This building is currently fenced off from the gardens for safety and security purposes and whilst externally it appears relatively sound, its condition is unknown.
Material Information What3Words: ///format.mock.verbs Tenure: Freehold.
A planning application in 2017 was approved for change of use from dwellinghouse (Class C3) to residential care home (Class C2) for up to seven residents.
The sellers are currently applying for change of use to residential. Local Authority: West Devon Borough Council. Council Tax Band: G Services: Mains electricity, water, drainage and gas.
Pv panels were installed in 2012. Rights & Restrictions: The property enjoys a right of access from the main highway to the private drive. Parking: The property enjoys parking for 10+ vehicles.
We understand that there is a restriction that the property cannot be used as a children's care home for a period of 10 years.
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.
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FAQ
About Buctor House,, Crease Lane, Devon
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