3-bedroom house · TQ7 4HW
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Tucked away in the picturesque and highly sought-after coastal village of Ringmore, this generous detached bungalow offers spacious and flexible accommodation set within approximately one-third of an acre of mature gardens.
While the property would benefit from a degree of modernisation, it presents an excellent opportunity to create a wonderful home in a peaceful village setting.
The current layout includes three bedrooms, a sitting/dining room, kitchen, study/bedroom 4, utility room, family bathroom, and en suite.
Surrounding the property are mature gardens with established trees, lawned areas, a patio, and a former vegetable garden with greenhouse.
A gravel driveway provides ample off-road parking and leads to a detached double garage. ACCOMMODATION Steps lead up to a storm porch and into a spacious entrance hall with generous storage.
To the right is a study or single bedroom, featuring a front aspect window and loft access. The inner hallway, with garden-facing windows, leads to the remaining bedrooms and bathroom.
Bedrooms 2 and 3 have front aspect windows and are served by a family bathroom with bath and shower mixer tap, WC, and basin with storage.
The principal bedroom enjoys a dual aspect with sliding doors opening onto the rear garden, and benefits from an en suite with bath, shower mixer tap, WC, and basin with storage.
The sitting/dining room is bright and generously proportioned, divided by a low decorative stone wall. The sitting area features a fireplace and sliding doors to the garden.
The kitchen offers a dual aspect, a range of wall and base units, and space for a small breakfast table.
An adjoining utility room houses the boiler, has space for white goods, and provides external access to the garden and garage.
A basement with power, light, and restricted head height is accessible from the side of the property and offers useful additional storage.
OUTSIDE The property is surrounded by mature, wraparound gardens with lawned areas, established trees and shrubs, a patio, and a former vegetable garden with greenhouse.
A gravel driveway provides generous off-street parking and leads to a detached double garage with power, light, electric up & over door, and a workshop space.
An attached gardener’s WC is located to the rear.
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
Agent & docs
FAQ
About Ringmore, Kingsbridge
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