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See how verdicts work5-bedroom house · TQ12 5SU
Listing removedListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful period house with wonderful garden in the heart of a desirable village.
An outstanding period house thought to have origins dating back approximately 600 years, conveniently situated in the heart of the highly-regarded and well-served village of Ipplepen.
Undoubtedly one of the village's most important period properties, the Grade II Listed house sits on an impressive plot, which is predominantly level and fully enclosed by ancient stone walls.
The wide expanse of well-kept lawn is big enough for a large garden party and a paved terrace adjoining the rear provides excellent external family and entertaining spaces.
To one side, a private driveway provides plenty of parking and access to a barn-style double garage.
Ipplepen is a lovely working village, which offers a vibrant, active community with many clubs and societies.
Within an easy walk is a small supermarket, church, well-respected public house/restaurant, park, health centre and primary school.
The market town of Newton Abbot is conveniently located approximately four miles away, with its mainline rail link to London and excellent selection of shops, communication links and other amenities.
The ancient castle town of Totnes is just five miles distance, it sits on the banks of the River Dart and has a famously bohemian atmosphere along with many unique shops.
This location also offers easy access to Torbay, where you can find Torquay's chic marina, fabulous coastline, Brixham's working harbour, Torbay hospital and all the other benefits of the English Riviera.
Accommodation Stepping inside, the beautifully-presented accommodation is full of light and seamlessly blends modern convenience with character features including: Decorative plasterwork in the principal bedroom commemorating King William III of England, Inglenook fireplaces fitted with log-effect gas stoves, beamed ceilings and a window seat.
The living space is flexible with separate lounge and dining room and a third reception currently provides a sitting/breakfast room.
The kitchen is well fitted with plenty of work space and integrated appliances and has double-aspect windows providing plenty of light.
There is also a generously sized utility room with handy WC off, and doors opening to both the rear garden and the driveway.
On the first floor, a long landing with deep-silled window provides access to 5 bedrooms, one currently used as a study, and an up-to-the-minute family bathroom.
This has a contemporary white suite comprising a bath and separate shower cabinet.
The principal bedroom has a lobby area with fitted cupboard and a spacious, recently re-fitted en-suite shower room with vanity basin and WC.
Garden The property occupies a generous plot extending to in excess of one third of an acre which wraps around the rear and one side of the house.
The gardens include two large expanses of level lawn with inset decorative planting. Adjoining the house there is a paved terrace which is ideal for alfresco dining.
Parking Private driveway to one side providing ample off-road parking. Double garage situated at the end of the driveway. Store Currently providing useful storage.
Agent's Notes Council Tax: Currently Band F Tenure: Freehold Grade II Listed Mains gas. Mains electricity. Mains drainage. Mains water. Owned solar panels.
Directions: From Newton Abbot take the A381 to Ipplepen. Turn right into Foredown Road and follow the road along as it becomes East Street.
The property is on the left hand side before the turning for Croft Road.
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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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 Penrae, East Street, Newton Abbot
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