5-bedroom detached house · TQ8 8JP
Sold STCListed 443 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The beautiful estuary town of Salcombe is located at the heart of the much sought after area of South Devon known as the South Hams.
The region is known for having a particularly benign climate and consists of lush, unspoilt countryside, hidden coombes and a spectacular coastline.
The vibrant town of Salcombe, once a thriving fishing village, retains much of its original charm and character.
The town's many restaurants, local pubs and lively shops are all within walking distance of the property.
The Salcombe Estuary has numerous sandy beaches, coves and sheltered anchorages, all of which make it an excellent base for dinghy sailing, water sports, boating and long walks along the beautiful coastline.
Asman is located on the highly desirable Sandhills Road, only 5 minutes walk from the beach at North Sands and popular Winking Prawn beach cafe and restaurant.
Built in the early 20th Century, Asman is a substantial detached house on one of the most desirable roads in the town.
Beautifully presented, the house has been sympathetically renovated for modern day living, whilst retaining much of its period charm.
The substantial front door provides a stylish entrance into the welcoming hallway with staircase befitting of its era.
The spacious kitchen dining room has handmade units, two deep window seats enjoy views across the wooded valley and out to sea and there is a wood burning stove at one end.
There is a second wood burning stove in the sitting room and French doors lead out to the charming covered verandah.
Also on the ground floor is a guest cloakroom, utility room and space for coats and boots to the right of the front door.
The generous main bedroom on the first floor has sliding doors to a balcony with spectacular views and a spacious en-suite bathroom with free-standing bath.
There are three further bedrooms on this level and two shower rooms. On the top floor is an eaves bedroom, well lit by velux rooflights and with an en-suite bathroom.
The gardens wrap around the house and there are numerous areas to sit and enjoy the south westerly aspect and glorious sunsets.
There is a double garage with off road parking and a gate at the bottom of the garden leads onto Sandhills Road where it is just a short walk to the dog friendly beach at North Sands.
Asman has been successfully holiday let for several years through Finest Stays and rental figures are available on request. SERVICES Mains water, drainage, gas and electricity.
DIRECTIONS Follow the A381 towards Salcombe and before the road descends towards the town, turn right into Sandhills Road, signposted North Sands and South Sands.
Having gone round the first right hand bend, Asman will be found on the left. EPC Rating: E
Value & comps
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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 Sandhills Road, Salcombe
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