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See how verdicts work3-bedroom house · TQ13 9PS
For saleReduced £5k (−0.6%) on 10 SepListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lower Crownley Barn is an exquisite three bedroom barn conversion with unique craftsmanship.
The open plan Carpenter Oak framed main reception room is ideal for entertaining, encompassing a hand-crafted bespoke kitchen, Italian granite worktops and an aga.
A double-sided woodburner sits between the dining and sitting room with two oak-framed mezzanine galleries. Underfloor heating is installed throughout the ground and first floors.
Outside there is a lovely orchard and grounds as well as a separate workshop which has further potential to be converted.
The A38 Devon Expressway is only 4 miles away and provides easy access to Plymouth, Exeter and the motorway network.
The property is ideally situated for exploring the national park and other leisure activities such as golf at Bovey Castle, horse riding, mountain biking and fishing; whilst the beach is less than 20 miles away and the surfing beaches of north Devon are accessible for day trips.
There is also a cycle path from Bovey Tracey to Moretonhampstead and easy access to Bovey Golf Course and the National Trust Property of Parke.
An extensive range of facilities can be found in nearby Bovey Tracey or Moretonhampstead, whilst the larger market town of Newton Abbot is about 7 miles away, with more extensive facilities and a main-line railway station, accessing London and the South West, and the Cathedral and University City of Exeter is only 16.2 miles away.
There are several highly regarded primary and senior schools in the area, as well as excellent private schools; Exeter School and The Maynard School in Exeter and Stover School at Newton Abbot.
There is also a bus to Blundells from Heathfield. Bovey Tracey 1.7 miles, Newton Abbot 7.5 miles Exeter 16.2 miles (London Paddington 2 hours 15 mins) (All distances and times are approximate).
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
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FAQ
About Bovey Tracey, Newton Abbot
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