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See how verdicts work3-bedroom house · PL19 8GF
Listing removedListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership three-bedroom house available to purchase from a 40% share from £120,000 with a minimum 5% mortgage deposit of £6000. Call today to arrange your appointment to view.
We are pleased to market this spacious, three-bedroom, terraced house with rear garden and off-street parking located in the popular Tors development in Tavistock.
Newly built in 2021, the property has the remaining 5+ years NHBC Warranty. This home has been very well maintained by the current owner and is in immaculate condition.
The front door opens into an entrance hall with staircase rising to the first floor. The living room is located at the front of the property with views over the play area and the fields beyond.
The kitchen diner is at the rear of the property and benefits from a range of modern cabinets, built in electric oven and gas hob, and French doors to the rear garden.
An internal hallway provides extra storage and a downstairs cloakroom. Upstairs, the property affords three double bedrooms and a family bathroom.
The larger of the three bedrooms is located at the front of the property and benefits from built in wardrobes and countryside views. The modern bathroom has a shower over bath.
The upstairs landing has a useful storage cupboard. Outside the property is a small rear garden that is laid to grass. There is a rear gate that gives access to the two parking spaces.
The property is supplied by all mains services and is heated by a gas combination boiler. The Tors is located on the edge of the historic market town of Tavistock.
Tavistock is an ancient stannary and market town located on the edge of the Dartmoor National Park.
The town offers a wide range of local and national shops whilst also boasting the renowned pannier market, riverside park, leisure centre and theatre.
Full Market Value: £300,000 40% Share Price: £120,000 Rent on un-owned share £420.37 pcm there is A local area restriction as to who can buy this property, please contact us to discuss.
You may purchase a higher share should you qualify to. *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these. Entrance Hall (1.83m x 1.91m) At Max.
Living Room (4.17m x 3.68m) At Max.
Kitchen Dining Room (3.65m x 5.18m) Internal Hallway (2.2m x 1.44m) Cloakroom (1.74m x 1.43m) Bedroom 1 (4.15m x 3.01m) Bedroom 2 (3.43m x 4.55m) Bedroom 3 (4.14m x 2.09m) Bathroom (1.88m x 2.13m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About 6, Swelltor Drive, Devon
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