3-bedroom house · PL20 7DE
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chapel Street, Bere Alston, Devon This modern three bedroom semi detached home, situated in a peaceful side road within the heart of a busy moorland village is not only full of natural light in every room, but also offers far reaching views from the living space and balcony at the rear.
The kitchen is modern with plenty of work surface and enough room for a dining table.
The living room situated at the back of the house offers space to put a larger table and has an open fire making it a cosy space to watch the weather go by through the winter.
Double doors open from this room on to the balcony for the sunnier summer months. Upstairs are three double bedrooms and a family bathroom.
Below the property is an approximately 556 sqft double garage with a separate workshop space at the rear - perfect for the classic car enthusiast, hobbyist, or just those with lots of gear to store!
At the front of the property, there is a small step leading to the front door from the pavement. The driveway is accessed to the side leading to both your and your neighbour’s parking and garage.
There is also a small garden which is laid to lawn with a fence boundary and plenty of space for a washing line with views over the countryside beyond.
Bere Alston is situated on the Bere Peninsula, an unspoiled area of Devon between the River Tavy and Tamar offering attractive river walks and open countryside.
The village itself has many local amenities including shops, a pub and a doctors surgery, along with a primary school and village hall.
There is also a regular bus service to the nearby town of Tavistock and a branch line rail link directly to the maritime city of Plymouth.
Agent’s Notes: Property has right of access over neighbour-owned driveway from street to garage & parking area.
A further neighbour has right of access across the parking area owned by this property. Gas Boiler & radiators new in 2018. Windows & doors new in 2019.
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 Firslea, Chapel Street, Yelverton
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