4-bedroom detached house · EX21 5EZ
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property was constructed in 1960 bespoke for use as the Rectory for the large parish of Ashwater.
In the past few years it has been used as a family home and today would suit a wide range of buyers including those who are employed to work from home or can make use of the extensive reception space.
The rooms have large windows indicative of the period that frame the far reaching views over the surrounding rolling countryside.
The layout includes a dual aspect lounge with a feature open fireplace, a study, dining room with serving hatch to kitchen - all with wooden flooring.
The dual aspect fitted kitchen has a range of light fronted matching units. The utility room comprises of many additional walk in cupboards and has access out to the garden. A WC concludes this level.
On the first floor, the large landing has access to all four bedrooms (three of which have built in wardrobes/cupboards) and the L shaped family bathroom/WC which has a matching suite and a separate shower cubicle.
Warmth is provided by oil fired central heating and external windows are UPVC double glazed. A pv solar array was fitted in 2012 with fit payable for 25 years from installation.
The home is accessed by a private gated driveway where there is off road parking provided for many cars and a large single garage.
The gardens surround the home and are productive with many lawns and flower borders offering a wide variety of colour. There are fruit trees, a pond and attractive seating area at the front.
The green fingered gardener will appreciate the vegetable patch and greenhouse which can be found at the side.
The whole orientation means that the wonderful views can be enjoyed both inside and out of the property.
The attractive village of Ashwater is set in the rolling Devon countryside and boasts amenities including a General Store, part time Post Office, a Public House, ancient Parish Church, County Primary School and a quite superb village hall - the base for a huge variety of sporting and leisure activities.
The ancient town of Launceston is situated approximately nine miles distant and boasts a range of shopping, commercial, educational and recreational facilities.
The market town of Holsworthy is situated some seven miles away and boasts further facilities including a Medical Centre, Waitrose supermarket and a small Theatre.
Roadford Lake is around five miles away, providing a range of recreational and water sports facilities.
For those with coastal interests the North Cornish Resort of Bude can be reached within 16 miles, which is known for its sandy beaches, surf and cliff top walks.
The larger City of Exeter is around 43 miles distant and offers a wider range of educational, cultural and leisure facilities.
The A30 dual carriageway provides access to the M5 at Exeter and West into Cornwall. From Launceston proceed along the A388 and turn right signposted towards Ashwater and the Village Inn.
Follow this road into the village of Ashwater and upon entering the village continue past the village green on the right hand side.
Continue passing the post office/general stores on the left and head down the hill.
The property will be found just past the entrance to Dots Close on the left hand side marked by a Webbers For Sale Board.
- ///award.pokes.weekends Lounge 5.2m max x 3.94m max Kitchen 5.46m max x 2.74m max Utility Room 3.89m max x 1.8m min Dining Room 3.66m min x 3.25m max Study (3.58m x 3.23m) WC (1.22m x 1.8m) Garage (2.67m x 5.72m) Bedroom 1 4.11m max x 3.76m max Bedroom 2 2.72m max x 4.22m max Bedroom 3 (3.66m x 3.3m) Bedroom 4 3.15m max x 3.38m max Bathroom/WC 2.92m max x 2.9m max Services Mains water and electricity.
Private drainage. Council Tax F: Torridge District Council. Tenure Freehold. Viewing Arrangements Strictly by appointment with the selling agent.
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.
Area
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FAQ
About The Old Rectory,, Ashwater, Devon
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