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See how verdicts work4-bedroom house · TQ13 8DS
Listing removedListed 118 days
Opportunity summary
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About
Gibbons Meadow is an attractive, period, family house, situated off Manor Road, just a short walk from central Chagford, surrounded by the beautiful Dartmoor countryside in a peaceful, rural setting, at the end of a long entrance drive, well back from the lane.
In recent years the house has been modernised and refurbished and provides well-presented family accommodation with nicely proportioned high-ceilinged rooms.
At the front of the house the entrance door opens into the delightful garden room overlooking the gardens and, either side of the staircase hall, is the sitting room with fireplace and wood burner and the dining room opening to the fitted kitchen and pantry area.
This leads to the good-sized utility/back kitchen with fitted cupboards and worktops and doors to the boot room, cloakroom and gardens.
On the first floor is the principal bedroom overlooking the gardens and Meldon Hill beyond, with fitted wardrobe cupboards and en suite shower room.
There are three further bedrooms with views over the gardens and adjoining fields, and a family bathroom. The long driveway leads into plenty of parking space beside and behind the house and a garage.
To the front and rear of the house are good sized and well-maintained gardens (approx. 1/3rd acre) with level lawns, ornamental plants, shrubs and trees and a vegetable garden with raised beds.
There is also a timber-clad studio building.
The popular and picturesque ancient stannary town of Chagford is on the north east side of Dartmoor National Park, amongst the foothills of the high moor, above the beautiful River Teign Valley overlooked by the National Trust owned Castle Drogo and with nearby beauty spots such as Fingle Bridge.
The lovely moorland town, centred around its Market Square, has many fine old granite buildings, including the beautiful St Michael's Church, and a wealth of independent shops and art galleries.
There are a good range of facilities, including primary and Montessori schools, doctors' and dentists' surgeries, vet, library and pharmacy as well as a selection of pubs, restaurants, cafés and open air swimming pool.
Shops include butcher, baker, delicatessen and greengrocer. Nearby is the renowned Gidleigh Park Hotel.
There is an active local community with sports clubs including cricket, football, tennis and bowling and there is the annual Chagford Agricultural Show, weekly farmers' market, Two Moors classical music festival and film festival.
There is golf at Bovey Castle. The nearby town of Okehampton has supermarkets including a Waitrose store, leisure centre and secondary school and there are private schools at Stover and Exeter.
Dartmoor is renowned for its spectacular scenery with its heather clad moorland, granite tors and wooded valleys bisected by rushing streams and rivers and there are many opportunities on the doorstep for walking, cycling, fishing, riding etc Within easy reach is the A30 dual carriageway, leading west into Cornwall or east to the university and cathedral city of Exeter, where there is access on to the M5 motorway, station with mainline connections to London (Paddington and Waterloo) and an airport.
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
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FAQ
About Chagford, Newton Abbot
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