3-bedroom bungalow · TQ13 8DD
Sold STCListed 226 days
Opportunity summary
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About
A recently updated detached 2/3 bedroom chalet bungalow in a delightful setting on a private road half a mile from the sought after market town of Chagford.
Benefiting from extensive rural views and sitting in a plot of just under half an acre it has been greatly improved by the last owner (including a new kitchen and bathroom) and also benefits from generous parking and a Garage/Utility Room.
Offered with no upward chain.
Situation The property is situated centrally within its own plot on a private road approx half a mile from the centre of the picturesque old market town of Chagford, deep in Dartmoor National Park.
It is a superb location from which to access the open spaces of the high moor as well as the wooded, pastoral landscape of the nearby Teign Valley.
With a thriving community, it has a comprehensive range of shops and other facilities including, inns, a primary school, medical, dental and veterinary facilities and churches.
Despite the deeply rural atmosphere of the town, the A30 dual carriageway is only approx 5 miles away for easy access to the motorway and rail networks as well as the cathedral city of Exeter where all major facilities can be found.
There are good public transport links between Chagford and Exeter, Newton Abbot and Okehampton. Local sporting facilities include clubs and a seasonal open-air swimming pool.
Description High Acre is believed to have been built in the 1970's and is a dormer bungalow of traditional cavity construction well located in a central position within its own plot and benefiting from some excellent views.
The original Garden Room was replaced in 1992 with what we see today whilst the previous owner made improvements within the last few years including changes to the layout and putting in a new kitchen, new bathroom and new shower room, new carpets and decorating throughout as well as the new oak doors and skirtings, and the gas fired woodburner style heater in the Living Room.
It benefits from full double glazing and gas central heating. An internal viewing is highly recommended.
Accommodation An oak front door opens into the light hallway with stairs up to the first floor and a store cupboard under.
There is a modern Wet Room/Shower with WC and access to the recently fitted Kitchen/Diner with dark slate work surfaces over oak units and which is also light with good west and north facing windows offering views.
There is a cooker point but no hob or cooker currently fitted, space for some under counter appliances.
The Living Room has a gas real flame effect woodburner style heater, has room for a dining table and offers excellent views over the garden and beyond and patio doors to the small paved terrace.
From the Hallway there is also access to the Study/Garden Room which has potential to create a third bedroom if desired.
To the first floor is the modern bathroom suite with excellent views and two double bedrooms with useful eaves and loft storage, the master offering excellent west facing rural views.
Outside Access is via a private road. A timber gate opens into the tarmac parking area for multiple vehicles.
There are extensive and attractive gardens with a number of fruit trees and flower beds with potential for a vegetable garden.
A rear paved patio seating area is adjacent to the property with rural views and a pond water feature. There is an access door to CELLAR STORAGE under part of the property.
The plot extends to approximately 0.49 acres. Services Mains gas central heating via a combi boiler with secondary gas fired woodburner effect fire in Living Room. Mains electricity and water.
Private drainage via Septic Tank.
Superfast Broadband available up to 72Mbps (Source Ofcom) Planning Authority Dartmoor National Park Authority, Parke, Bovey Tracey TQ13 9JQ —Tel Council Tax Band F (West Devon Borough Council) - £3,520.37 for 2024/2025 Energy Performance Certificate E50 with potential for B81 Tenure The property is freehold with vacant possession.
Wayleaves, Rights & Easements The property is sold subject to any wayleaves, public or private rights of ways, easements and covenants and all outgoings, whether mentioned in the sales particulars or not.
Boundaries, Roads & Fencing The Purchaser shall be deemed to have full knowledge of the boundaries, and neither the Vendor, nor their Agent will be responsible for defining the ownership of the boundary fencing and hedges.
Viewings Strictly by appointment only through Rendells Estate Agents, Tel: . Directions From Exeter take the A30 to Whiddon Down and then the A382 towards Chagford and Moretonhampstead.
At Easton Cross take the B3206 signposted Chagford. After approx 0.8 miles take the left turn into Broomhill and follow the road to the right.
High Acre will be the second property on the right hand side. What3Words location: striving.golf.tolerable
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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