3-bedroom terraced house · EX38 7HZ
For saleReduced £6.8k (−2.6%) on 21 JunListed 329 days
Opportunity summary
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About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £258,000 based on an average saving of 33%.
Market Value Price: £385,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £385,000, please contact the estate agent Webbers.
Property description Situated on the enviable development at Peagham Barton is this stunning converted stone barn comprising 3 bedrooms, open and spacious accommodation as well as simply beautiful terraced rear gardens.
The property comes with the added benefit of a garage and parking space, not to mention access to over 3 acres of communal grounds.
Stepping into the entrance hall, stunning slate flooring provides a clue as to the character found throughout the property.
Turning left you have the incredible sitting room, with a brick-built fireplace with gas fire in situ.
The room itself is a perfect entertaining space that provide ample room both for entertaining guests or enjoying of an evening.
Moving back through the hallway you have a handy utility room on your left, complete with kitchen units, space for free standing fridge/freezer, stainless steel sink and plenty of space for coat and boot storage.
A rear door opens into a porch which in turn leads into the gardens. Finishing off downstairs is the charming kitchen dining room.
This L-shaped space provides a comfortable and practical space for both dining and entertaining guests.
The kitchen houses an electric hob and oven as well as an under counter fridge and stainless steel 1.5 bowl sink with drainer.
Further to the kitchen is a wonderful conservatory overlooking the beautiful rear gardens with double doors opening out.
Upstairs you are greeted with a stunning open space, currently utilized as a home office/ craft room and bedroom.
This expansive area could be used in many different ways or even split into two separate rooms should the discerning purchaser wish.
Moving through you will then find a double bedroom with space for free standing wardrobe units and a double- glazed window again overlooking the rear gardens.
The main bedroom then resides at the end of the landing, a wonderfully open and light space being dual aspect and housing a double bed, dresser and dressing table as well as having built in wardrobes and its own en-suite shower room.
Outside the property really comes into its own.
The rear gardens are set up over a number of terraces with paved seating areas, private lawns and an incredible mix of shrubs, trees and flowers to create a beautiful private escape to sit in and enjoy.
There is also a handy storage shed set up to the left of the plot and a greenhouse resides in the bottom corner.
A rear gate then opens out into the communal grounds with a pond and further 3 acres of private pasture to explore and enjoy. Separate from the house is a garage and parking space.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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.
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About Cyder Cottage St. Giles, Torrington Devon, Devon
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