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See how verdicts work4-bedroom house · TQ13 8LA
Under offerListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A comprehensively renovated four ensuite-bedroom house forming part of a historic wool factory on the outskirts of the sought after and vibrant Medieval town of Chagford.
It is the perfect combination of an old countryside home with period features, but benefitting from the scale and height of an industrial building and modern interiors.
The high spec design incorporates bespoke kitchen and stairs, smart utilities system and slide and pivot windows that maximise the beautiful views; while retaining all the character architectural features.
Offered with no upward chain, an internal viewing is highly recommended.
Situation The house is set in a small, lush, and peaceful valley on the edge of Chagford and only a short walk into the centre.
The town has the unique mix of a vibrant modern community, set to the backdrop of a quaint rural village within one of the UK's most celebrated National Parks.
There are all the amenities one needs,including medical, dental and veterinary facilities, a school, an array of thriving independent shops, eateries, and businesses, as well as clubs for cricket, football, tennis and bowls, nearby golf course, seasonal outdoor pool, and numerous societies, clubs and a full annual calendar of events.
Set within Dartmoor National Park, it is only a ten-minute drive to the A30 approx 5 miles away, with easy access to the motorway, rail networks and the cathedral city of Exeter, where all major shops and facilities can be found.
Description The original wool factory dates back to the 1800s and was split into three 'townhouse style' homes in the 1970's, which, along with four workers cottages, makes up the small riverside development.
No 4 was acquired by the current owners, who used local heritage builders to undertake a full renovation - taking it back to the bare bones, fulfilling structural work and new wiring and plumbing, plus restoring and enhancing original features such as timber and stonework throughout.
The property boasts the impressive stairwell that serviced the factory, now with new, hand-crafted ash stairs and feature window.
The 2,200 square foot four-bed home is set in an idyllic spot and enjoys glorious views over the rolling hills and moor beyond.
Accommodation The ground floor incorporates an entrance/boot room with W.C., storage and cloakroom area; a spacious kitchen/diner, with bespoke ash units and long-life composite stone island, plus a large slide and pivot window with views of the courtyard; the stairwell with storage space underneath and access to the courtyard garden.
Exposed timbers and high ceiling throughout. The first floor comprises living room, study, laundry room and large storage area.
Again, the space has high ceilings, painted beams and lintels, with rural views. The second floor offers two large en-suite bedrooms with views over the surrounding countryside.
The top floor has two further large ensuite-bedrooms, with double height vaulted ceilings, exposed beams and excellent views over the rolling hills surrounding the property.
Outside The house has a pretty, Mediterranean-style courtyard garden, with seating and BBQ area.
In addition, the property benefits from a separate piece of level land that is used as an allotment, as well as low maintenance wild flower meadow and seating area, with a beautiful countryside and river backdrop.
The area at the front of the property, the width of No. 4's building, provides parking space enough for two vehicles. Services Mains electric, gas, and water (not metered).
Shared septic tank drainage (1/7th cost). Gas central heating and hot water with under floor heating to the ground floor and column radiators.
Standard line broadband available with speeds up to 28Mbps (Source Ofcom). 4G mobile services available. Directions From our offices turn right and head up into the main square.
Turn right into Mill Street and after a short distance take the right fork, continuing down the hill all the way to the bottom.
There is a right hand turn leading onto the long private drive for the development and at the end No 4 will be found almost directly ahead. What3Words location: justifies.stowing.tens
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
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FAQ
About Rivervale Close, Chagford
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