2-bedroom house · TQ14 9PB
For saleReduced £12k (−4.8%) on 9 JunListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful barn conversion situated in secluded location on the outskirts of Teignmouth enjoying a wonderful setting within surrounding countryside.
Lounge, dining room, kitchen/breakfast room, cloakroom, 2 bedrooms, bathroom, private garden, parking, communal grounds, sea views from upper floor.
EPC Rating: E ENTRANCE HALL Quarry tiled flooring, door to....
GROUND FLOOR CLOAKROOM Continuation of tiled flooring, low level WC, wall mounted wash hand basin, fitted extractor, walls tiled to dado height.
LOUNGE Open plan with stairs rising to first floor, wall mounted electric heater, wooden flooring, open through to....
KITCHEN Cathedral style cupboard and drawer base units under a laminate rolled edge work surface with tiled splashbacks, breakfast bar, single drainer sink unit with mixer tap over, space and plumbing for washing machine, further appliance spaces, integrated electric oven and four ring hob, tiled splashback, corresponding eye level unit with glazed shelving, concealed extractor.
Window overlooking the side aspect, wall mounted electric radiator.
DINING ROOM Wall mounted electric radiator, obscure glazed window to side, French patio doors with outlook and giving access to the rear garden.
FIRST FLOOR LANDING Hatch and access to loft space, doors to....
BEDROOM Window overlooking the rear gardens, wall mounted electric heater, door to airing cupboard with factory lagged hot water cylinder and slatted shelving.
Mirror fronted sliding doors to built in wardrobes with hanging rail and fitted shelving.
BEDROOM Wall mounted electric radiator, window to side aspect with views extending across Teignmouth and out to sea.
BATHROOM Fitted with a shell suite comprising panelled bath with mixer tap and shower attachment over, pedestal wash hand basin, low level WC, fully tiled walls and floor, ladder style towel rail/radiator, obscure glazed window, recessed spotlighting, shaver socket.
OUTSIDE The property is approached via Venn Farm Lane with a large gravelled car park with stunning views over the surrounding areas and providing off road parking facilities.
In addition the communal car park are level communal gardens enjoying the aforementioned views.
No10 Venn Farm Barns enjoys the use of its own private and appealing garden with terrace, is well stocked and enjoys the tranquil setting overlooking surrounding woodland.
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 Higher Exeter Road, Teignmouth, TQ14
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