House · TQ9 7QE
For saleListed 176 days
Opportunity summary
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About
Nutcombe Barns is set in a loose courtyard formation with two detached barns and a pair of semi-detached barns.
The barns have been granted full residential planning permission to convert into four dwellings with their own private outdoor gardens space along with a communal farmyard courtyard and private parking.
Situation 1.7 miles away is the popular village of East Allington, has a Parish Church and a well-regarded Primary School, part of an academy collection of schools.
The Fortescue Arms Pub is popular and well supported.
There is an enviable recreational ground, a multi-purpose fenced play area with newly installed equipment, football field, skateboarding ramp, picnic area and a large dog friendly meadow.
The surrounding South Hams countryside is delightful, unspoilt and offers excellent opportunities for outdoor pursuits.
The nearby market town of Kingsbridge is on the Salcombe Estuary and is approximately 5 miles and offers good shopping facilities, cafes, restaurants, and a renowned secondary school.
Totnes is the historic gateway to the South Hams also has a superb range of shops, further educational provision, and a mainline station to London Paddington.
The beautiful South Devon coastal resorts are also within very easy reach.
Property Set overlooking a delightful Devon valley, Nutcombe Barns are set in a loose courtyard formation with two detached barns and a pair of semi-detached barns.
The barns have been granted full planning permission to convert into four dwellings with their own private outdoor areas along with a communal farmyard courtyard and private parking.
There is also planning permission for a new driveway and entrance to the development through a paddock of approximately 2 acres. Barn 1 The shippen.
A detached barn taking in wonderful direct views over the valley and beyond.
Having a substantial footprint and planning permission has been granted to create a master suite, dressing room, 2 further bedrooms, 3 bathrooms, utility room, a good size kitchen and a sitting/dining room with views.
Some partial conversion works have been completed including new roof and internal timbers and flooring. Please see attached plans. Barn 2 The Stables.
A detached barn with planning consent for a 3 bedroomed, two bathroom property with a kitchen/diner and a sitting room located on the first floor making the most of the views.
Please see attached plans. Barn 3 The Linhay.
A semi-detached barn with planning permission for a 3 bedroom and 2 bathroom property with the sitting room on the first floor making the most of the location. Please see attached plans.
Barn 4 Threshing Barn. A semi-detached barn with planning permission for a 3 bedroom and 2 bathroom property with the sitting room on the first floor making the most of the location.
Please see attached plans.
Lot 2 (Available by separate negotiation) There is a partially stone walled orchard and grass area along with lean-too stabling abutting a neighbouring Class Q Barn, with adjoining lane which leads into a historic lane down into the valley below.
Services Mains electricity (x 2 supplies). A borehole will be required to be installed to supply the dwellings with water and a shared private drainage system.
There is also opportunity to create an eco-efficient development with solar panelling and ground heat source heating.
Agents Note We are advised the owner of the class Q Barn is willing to take on a 50% share of the new driveway cost with the other 50% costs being the responsibility of the 4 Barns.
No formal agreement is in place as yet. Planning Portal Reference at South Hams District Council REF: 0903/25/FUL.
Local Authority South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ9 5NE. Viewing Arrangements Strictly by appointment with a member of the Rendells team.
Directions From Totnes take the A381 for Kingsbridge and continue for approximately 8 miles. Take the second left turning for East Allington after The Mounts.
After approximately 1 mile along the lane towards East Allington at Nutcombe Cross turn right and Nutcombe Farm is situated on the left, turn into the private lane and go past the farmhouse and turn right through the gap in the fence and the barns will be on the left.
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Value & comps
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Archie refurb estimate: a Pro feature
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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.
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