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See how verdicts work3-bedroom terraced house · TQ8 8DA
Under offerListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Salcombe is one of the most sought after addresses on Devon’s south coast and for good reason; the town is situated on the Kingsbridge and Salcombe Estuary, flanked by the glorious rolling countryside of the South Hams and is renowned for its micro climate which makes it an ideal place for year round living.
Salcombe offers two sandy beaches, North Sands and South Sands and a short boat trip across the water to East Portlemouth provides access to a long sandy beach with hidden coves backed by woodland and coastal paths.
Sailmakers Cottage has a marvellous waterfront location in the very heart of the town with spellbinding views across the harbour.
This charming stone cottage was converted out of part of an old boat store in the 1990’s.
In the last 4 years the current owners have extensively renovated the property creating a stylish and impressive home which is immaculately presented throughout.
The front door opens into the open plan kitchen dining living room which has a fitted kitchen with integrated appliances and range cooker.
There is a practical tiled floor for seaside living and painted ceiling timbers add character. At the rear is a useful utility room with WC.
An Oak staircase with glass balustrade leads up to the first floor where there are two en-suite bedrooms with fitted wardrobes.
The 3rd double bedroom with en-suite shower room and eaves storage is on the top floor.
At the front of the cottage is a small garden enclosed by metal railings; a perfect area to sit and catch the morning and evening sun whilst watching all the activity.
The property also has use of a mooring at the end of Custom Quay that is shared with two neighbouring properties.
Properties in this location are always popular for rental and income projections are available on request. SERVICES Mains water, drainage and electricity.
DIRECTIONS From Whitestrand car park walk along Fore Street passing the Kings Arms on your right.
On reaching the Fortescue Inn bear right and then immediately after passing the pub turn left under the archway.
The other side of the archway Sailmakers Cottage is the second cottage on the right hand side. EPC Rating: E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs

FAQ
About Victoria Quay, Salcombe
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