3-bedroom bungalow · TQ12 5QN
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial, detached bungalow of individual design situated within the highly sought-after and well-served village of Ipplepen. The property offers much potential for remodelling and enlargement.
It has a large roof space ideal for conversion, subject to obtaining all appropriate and required consents and approvals.
In addition, the bungalow occupies a wonderful plot extending in total to around 0.6 of an acre and includes a lovely meadow which may have potential for new build development, although no enquiries have been made into the viability of this, and potential buyers should make their own enquiries.
There are currently two gated entrances on to the property from Blackstone Road, regarded by locals and property professionals as one of the village’s most desirable addresses.
Ipplepen offers a vibrant and active lifestyle opportunity with many clubs and societies.
Within just a few moments walk from the property, there is an excellent range of amenities including the Wellington Inn, primary school, modern health centre and pharmacy, coffee shop, small supermarket, active community hub and two well attended churches, sports field, bowling club and play park.
Around a mile away is Dainton Golf Club and Fermoy’s Garden Centre and its award-winning butchers.
Five miles away is the historic town of Totnes perched on the banks of the River Dart and famous for its bohemian atmosphere whilst the hub town of Newton Abbot with its excellent communication links is around 4 miles drive.
Both towns can be reached by timetabled bus services from the village and have main line railway stations.
Accommodation Stepping inside, the accommodation is roomy, well-planned and particularly light and airy.
From the rear, some wonderful views can be enjoyed over much of the village and onto glorious Devon countryside including Haytor and the southern slopes of Dartmoor.
A central hallway is accessed through an enclosed porch and has a recessed cupboard. A generous lounge with open fireplace enjoys the views to the rear.
A separate dining room and fitted kitchen also overlook the rear and if remodelled with the current plumbed utility room could provide a large, open plan living room/kitchen/dining room.
Off the utility room is access to a good-sized integral garage with a separate and most useful gardener’s toilet recessed off. There are three bedrooms, all of which are doubles.
One with a spacious built in airing cupboard. Completing the picture is a spacious family bathroom with four-piece suite including a bath and separate shower cabinet.
Gardens The property is well set back from the road with a stone walled front boundary and two gated entrances onto the plot.
At the rear are formal gardens, mainly lawned with gates to a meadow beyond. There are a number of out buildings providing excellent storage and hobby opportunities.
Parking Ample parking on a wide gated driveway and integral garage. Agent’s notes Council Tax: Currently Band E Tenure: Freehold Mains gas. Mains electricity. Mains water. Mains drainage.
EPC Rating: D Disclaimer Information provided is for guidance only and is non-contractual. Although every effort is made to ensure accuracy, on occasion we rely on information from third parties.
Where works have been carried out more than 15 years ago, it is unlikely that planning permission and building regulations documents will be available, as local authorities often only retain records for a limited time.
You should also be aware that it is unlikely that works completed historically will comply with today’s building regulations.
On agreeing to buy a property you should have it fully surveyed and ensure that your legal adviser follows up on any points raised by your surveyor.
Your solicitor should confirm what’s included in the sale, and you should arrange tests on all appliances and equipment you are buying.
Your legal adviser should check that all relevant permissions and certificates are in place.
When documents are not available, for instance because documents are no longer retained by a local authority, or the company which carried out works is no longer trading, you should take advice from your solicitor on this.
This is a common situation but it’s important to understand the implications. Room sizes ± 0.1m. We reserve the right to offer clients additional services.
These might include financial and legal services, removals, surveying amongst others. In some instances, we are paid for introductions to third parties.
The maximum amounts that we currently receive are £150.00 per transaction from solicitors and 30% of income generated by financial advisers.
To ensure compliance with hmrc Anti Money Laundering and Source funds regulation we use Smart Compliance.
Purchasers and those providing funds towards a purchase are required to complete these compliance process for which there is a £75.00 charge.
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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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 advisors 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 Midway Blackstone Road, Newton Abbot
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