2-bedroom house · TQ14 0EQ
For saleReduced £25k (−6.7%) on 29 SepListed 177 days
Opportunity summary
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About
An appealing 1930s-built property with good views towards the estuary and beyond set close to the village amenities and the beach.
Sitting room with log burner opening to a modern kitchen/dining room, two bedrooms and a modern bathroom. Brick paved parking area for two vehicles and terraced gardens to the front and rear.
Situation 2 The Homeyards is set in a lovely row of similarly style cottages with a charming lychgate approach.
The property is set just a short walk away from the nearby estuary side and beaches, as well as the wonderful amenities that ever popular Shaldon has to offer.
Shaldon has a strong sense of community and nestles beautifully between the sandy estuary beach and the pretty hills above.
There are independent shops and cafes, a good selection of public houses and restaurants and a charming foot passenger ferry across to the seaside town of Teignmouth.
Additional amenities include an Ofsted 'Outstanding' rated primary school, The Ness House Hotel and a bowling green surrounded by pretty cottages.
There is a well-supported annual regatta and water carnival as well as a rowing and sailing club.
There is good walking on the south west coast path and the wonderful Ness Beach is accessed via a tunnel. The village even has a small zoo!
Teignmouth is just over a mile away and has a lovely promenade with classic Georgian crescent and a range of education options including Trinity School, offering both private primary and secondary education.
In addition there is a mainline rail link to London Paddington. Description A uPVC opaque double glazed entrance door with canopy and external light above opens to the....
Sitting Room A lovely free-flowing space that, in turn opens to the kitchen/dining room.
There is a front facing uPVC double glazed box bay window with bespoke shutters that takes in outstanding views across rooftops towards the Teign estuary, parts of Teignmouth and the Little Haldon Hills.
There is lvt-style flooring in the sitting area and a corner set fireplace with a raised hearth upon which there is a log burning stove with a timber beam over.
Stairs with an under stairs cupboard rise to the first floor there is an under stairs storage area, coat hooks and a high-level meter cupboard.
Kitchen/Dining Room Having ceramic floor tiles and ample space for a dining table and chairs.
The kitchen area is fitted with a range of units comprising cupboards and drawers and extensive areas of laminate works surface which extend to a peninsula unit and there are feature tiled surrounds.
There is a single drainer, stainless-steel sink unit and an integrated four ring gas hob with filter over and oven beneath.
There is under surface space and plumbing for a washing machine a built-in fridge. A cupboard houses the Worcester boiler supplying central heating.
There are two facing uPVC double glazed windows taking in some outlook towards woodland in the distance and a uPVC double glazed door opens to a shared pathway at the rear of the property.
Spotlights to ceiling and radiator. First Floor Landing With timber panel doors to the first-floor rooms and access to the loft space.
Bedroom One Having a front facing uPVC double glazed window taking in outstanding views towards a broad sweep of the Teign estuary, Teignmouth harbour and the Little Haldon Hills.
There is a panel ceiling, a recess for a wardrobe, a radiator and a feature corner set fireplace.
Bedroom Two Having a panel ceiling and a rear facing uPVC double window overlooking the village allotments and having views towards woodland in the distance. Radiator and a feature fireplace.
Bathroom With a uPVC opaque double-glazed window, spotlights, an extractor fan to the ceiling, ceramic floor tiles, and full height tiling.
There is a modern three-piece suite comprising a p-bath with an attached curved shower screen and Myra shower over, a WC and there is a unit with an inset wash hand basin, cupboard beneath and demist mirror over.
Ladder style radiator/towel.
Outside To the front of the property approached from North View there is a brick paved parking area providing two spaces (with parking being at an absolute “premium” in the village.) From here steps rise to a shared pathway which runs along the front of the cottages.
Set below the path there is a garden laid to terraced lawn, partially enclosed by picket fencing and walling and having a mature camellia.
To the rear of the property there is a canopy above the back door and, approached from a shared pathway paved steps rise to the back garden which is primarily laid to decking having views over the allotments.
EPC Rating: D
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.
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About 2 The Homeyards, Teignmouth
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