3-bedroom semi-detached house · EX21 5BX
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situation and Description The property is located between the villages of Halwill, Halwill Junction and Ashwater, in a peaceful and small rural hamlet of just four properties.
Nearby are local amenities including general stores and public houses and a regular bus route.
A wider range of services can be found in the nearby towns of Holsworthy, Launceston and Okehampton, which are 7 miles, 13 miles and 12 miles respectively.
The spectacular scenery of Dartmoor National Park and the beautiful beaches of the North Devon and Cornwall coast are easily accessible.
A superb, former farmhouse is believed to date back to the 1850s, situated in a quiet, rural hamlet of four properties, thus offering the opportunity for peaceful rural living, with classic Devon countryside right on your doorstep.
The property has been lovingly updated and improved over recent years and is presented in excellent order, both internally and externally.
The spacious accommodation, is complimented by an abundance of natural light, with many of the rooms being dual aspect, briefly comprises of: entrance hall; a cosy yet spacious sitting room, with fitted wood burner; a lovely farmhouse kitchen/dining room, with a range stove and ample space for dining table and chairs, making it the heartbeat of the house.
There is an adjoining utility room, with cloakroom, which is perfect for receiving muddy humans or pets, before entering the main part of the house.
To the first floor is a split landing, with doors leading to three double bedrooms and a bath/shower room.
To the outside, the property is approached via a single lane track, serving four properties and the local farm. There is a large parking area, providing off-road parking for at least 5 to 6 vehicles.
This leads to a fantastic outbuilding, which currently is used a large garage/workshop and a office/studio/games room. The building is substantial and has power and lighting.
It could offer a multitude of uses including potential for secondary accommodation (subject to the necessary planning consents). There is a large, level and enclosed garden, perfect for family use.
Predominantly laid to lawn, with patio seating area, with raised vegetable beds, greenhouse and garden shed.
There is also a large store shed (5.91m x 3.03m) and a further modern shed, which is currently used as dog kenneling. There is courtesy outside lighting and power points and a modern oil storage tank.
The sellers have also installed a modern sewerage treatment plant, within the grounds, which is for the sole use of the property.
We are delighted to be appointed as sole agents for the sale of this excellent property and viewing is highly recommended to fully appreciate.
SERVICES Mains water, mains electricity, private drainage via a modern treatment plant which is for the sole use of the property. Oil- fired central heating.
OUTGOINGS The property is in Band C for Council Tax purposes.
(Torridge Distict Council) VIEWINGS Strictly by appointment with Mansbridge Balment on or email DIRECTIONS For SAT NAV USE EX21 5BX For What3words use ///logged.rebounded.hero From Okehampton, leave the town in a westerly direction, following the signs for A3079 to Halwill Junction.
After passing through Halwill Junction, take the next turning left, signposted to Halwill. Continue for 1.8 miles, passing through the village of Halwill.
At Quoditch Moor Cross, turn left, signposted to Quoditch and Ashwater. After a 0.3 mile, take the next turning left into a single lane track.
Continue down the track for approximately 500 yards, whereupon the property will be found on the left-hand side. EPC Rating: E Garden Large level Garden
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 Ashwater, Beaworthy, EX21
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