4-bedroom bungalow · EX38 7ES
For saleListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A myriad of possibilities present themselves within this fantastic opportunity.
Whether you are looking for somewhere to live with further income potential, a buy to let investment, the ability to have multi-generational living without being on top of each other or even the possibility of running a small business, the options are limit less.
Situated on a plot approaching half an acre is the main building, a large two bedroom detached bungalow with the potential to make a third bedroom in the attic space (already partly completed).
You would just need to add a permanent staircase and seek building regulation approval.
A bright, airy and contemporary home, it provides well-proportioned living accommodation and a fantastic sized garden.
The master bedroom boasts a walk in wardrobe/dressing room and an ensuite shower room but the real show stopper in the fantastic open plan living space (in excess of 32' in length) that looks out over the garden through French doors.
At the bottom of the site there is an additional two bedroom detached bungalow with conservatory, ideal for multi-generational living or as an income provider (this particular dwelling can currently be used as a holiday let but the current owner is currently going through the process of changing it to full residential use).
Across from there are a selection of outbuildings, garaging and workshops, somewhere with huge potential to run a business from, tinker with cars or simply use as storage.
There is a large hard standing area upon entering the site, ideal for parking several vehicles for those living there and visiting.
All in all there is a lot to take in here, more really that can be described. If it is tickling your fancy on paper it just gets so much better when there in person so why not come and take a look?
The vendor informs us that the larger property is part block part timber framed construction whilst the smaller property is believed to be of similar materials.
Your surveyor or conveyancer may be able to clarify further following their investigations.
The properties are serviced by LPG gas fired heating, there is a log burning stove in the living room of the larger bungalow.
Mains electric and water are connected and both properties are on private drainage.
Broadband: Superfast speeds are available up to 48mbps (information taken from the Ofcom checker) Mobile phone: Coverage available onsite.
(See Ofcom checker for further information) Torrington Office – Award-Winning Estate Agents Our Torrington estate agents deliver trusted property advice and professional service across all property types.
Known for integrity and attention to detail, our team achieves excellent results marketing homes and property for sale in Torrington.
We highlight local attractions including RHS Rosemoor Gardens and The Commons to engage motivated buyers.
Recognised within the British Property Awards network, our branch has earned a strong reputation for service and reliability.
Contact our Torrington office today to book your free valuation or expert consultation.
Directions From Torrington take the B3232 towards Barnstaple passing Great Torrington Secondary School on the right hand side. Follow this road leaving the town and up the hill.
Mays Hill Cottages will be located on the right hand side after a short distance. What3Words: clearcut.playoffs.rummage
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 Torrington, Devon
Explore nearby