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See how verdicts work3-bedroom house · TQ8 8BL
Sold STCReduced £20k (−5.1%) on 26 OctListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire a three-bedroom house in a sought-after Salcombe location, offering exceptional potential for modernisation and enhancement.
Coming to the market for the first time in over 30 years, this charming property presents the perfect canvas to create a superb family home, stylish second residence, or lucrative holiday let.
Situated on Loring Road, just off Onslow Road, the property enjoys a convenient position within easy reach of Salcombe town centre, as well as local amenities including a school, post office/shop, and the popular Salcombe swimming pool.
The accommodation briefly comprises an entrance porch leading into a kitchen overlooking the garden.
A glazed door opens into a generous and light-filled sitting room, featuring a stone fireplace and sliding patio doors that provide direct access to the rear garden.
The ground floor also benefits from a spacious double bedroom and a family bathroom. Upstairs, a bright staircase leads to two further bedrooms, currently arranged as a double and a twin.
One of the rooms enjoys a large window with attractive views towards the Kingsbridge Estuary.
Externally, the property is of traditional brick construction and is set within both front and secure rear gardens, with established shrubs providing privacy and character.
An attached garage offers excellent storage or parking, ideal for a boat or outdoor equipment, and is complemented by an additional separate store.
There is also additional parking on the driveway through the metal gates.
The beautiful estuary town of Salcombe is located in the heart of the South Devon region known as the South Hams, which is known for having an uncommonly temperate climate, verdant unspoilt countryside, hidden combs and a spectacular coastline.
Arguably one of the most sought after waterfront locations in the UK, Salcombe is the perfect setting for this beautiful home.
Once a thriving fishing village, Salcombe still retains much of its original charm and character.
The property sits within the short distance of the town, with its many restaurants, local pubs and boutique shops. More extensive shopping and amenities are available in Kingsbridge.
The Salcombe Estuary has numerous sandy beaches, coves and sheltered anchorages, all of which make it an excellent base for dingy sailing, water sports, boating and long walks along the beautiful coastline.
Salcombe is also a famous yachting centre and provides a perfect cruising base from which to explore France, The Channel Islands and the beautiful harbours and creeks of the West Country.
Services Mains electricity, water, gas, and drainage. Gas-fired central heating. Fixtures and Fittings All items in the written text of these particulars are included in the sale.
All others are expressly excluded regardless of inclusion in any photographs. Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
Viewings Very strictly by appointment only through Marchand Petit (Salcombe Office) Tel:
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Loring Road, Salcombe, Devon
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