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See how verdicts work5-bedroom detached house · TQ7 2DT
For saleReduced £50k (−8%) on 22 OctListed 68 days
Opportunity summary
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About
The Retreat is an interesting property combining in appearance both Victorian and Georgian styles.
It has traditional stone walls and a slate roof whilst internally many original features have been retained.
There has been extensive work done in recent years including heating and electrical work but there is still plenty of scope to enhance this unique property.
Externally there are lovely countryside views from the cottage and from its extensive gardens, which are well stocked with mature shrubs and trees.
The ground floor is entered via a pillared porch with a slate roof and part obscured glazed timber door that opens into a welcoming entrance hall.
The heart of the home is the well-proportioned kitchen, featuring a deep-set cottage-style timber casement window, an inglenook fireplace with a classic Aga, built in units and ample space for a family dining table.
The principal reception rooms comprise a charming sitting room and separate dining room, both with large sash windows and feature fireplaces.
The dining room has direct access to the garden through double-glazed doors, and both rooms could easily be made into one larger reception room if preferred.
A generous utility room, dedicated study and useful cloakroom complete the ground floor.
The first floor provides five versatile bedrooms, with fireplaces in the principal bedroom and one further bedroom. The bedrooms are served by a family bathroom and separate cloakroom.
The second floor comprises a substantial attic space, offering potential for further development into an additional bedroom if required, subject to the necessary consents.
Totalling about a third of an acre, the gardens have over many years been landscaped into three main areas.
To the eastern side is a level enclosed area with a heather bed, circular ornamental pond, flower beds, mature shrubs, Devon banks and hedges.
Above this is an area laid to lawn and bounded by two mature trees, pine and cedar. At the top, a secluded orchard garden contains a silver birch with other associated trees.
There are two garden buildings, a large shed and a small barn with plenty of scope for more if required. The barn could offer a development opportunity subject to obtaining the necessary consents.
From all parts of the gardens there are glorious countryside views including Buckland Tout Saints Church.
Alongside the property is an attached garage with folding timber doors to the front and pedestrian door to the side.
Above the garage is a workshop with a window to the front, electric power and light. A grass area beside the garage is ideal for additional parking or storing a boat or caravan.
Goveton is a picturesque village nestling in an unspoilt South Hams valley in an area of outstanding natural beauty.
It is about 2 miles to the north of Kingsbridge, which stands at the head of the Salcombe Estuary and has an excellent range of recreational and shopping facilities including South Hams hospital, churches, doctors’ surgery, tennis court, sport centre with bowls arena and indoor swimming pool.
There are excellent local schools in Kingsbridge, including the outstanding-rated Kingsbridge Community College, and more schools in the surrounding villages, while several private schools in the southwest also run daily buses from Kingsbridge and Newton Abbot.
The area is renowned for its water sports and sailing, coastal and country walks on Dartmoor, and a choice of golf clubs nearby at Thurlestone, Bigbury and Dartmouth Golf and Country Club.
The A38 at Wrangaton is about 12 miles to the northwest leading to the M5 and Exeter (about 30 miles) with international airport and university.
Outside the property is a sign to Totnes, 12 miles with its mainline station to London Paddington.
The house represents the perfect opportunity for those wishing to commute to London or elsewhere via rail. General Local Authority: South Hams District Council Services: Mains electricity and water.
Provate drainage which we understand is compliant with current regulations. Oil-fired central heating Council Tax: Band F EPC Rating: E Mobile and Broadband checker: Information can be found here
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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FAQ
About The Retreat,, Goveton, Devon
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