3-bedroom bungalow · TQ5 0EY
Sold STCListed 558 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial detached bungalow situated on the outskirts of Kingswear, within a short drive of both the popular fishing port of Brixham and riverside town of Dartmouth This lovely home has been a successful holiday let over the past few years, and offers spacious light filled accommodation, with gorgeous views across Brixham, Tor Bay and the surrounding countryside.
Beautifully presented and well maintained throughout this wonderful home sits in a nice plot with a large driveway leading down the side of the property which provides ample parking, together with a single garage.
The accommodation on one floor comprises of an entrance hall with large cloaks cupboard, a dining room with glazed patio doors to the front, a well fitted and equipped kitchen with a good range of wall and base units with granite worktops over, bedroom 4 / further reception room.
The main sitting room is a fabulous space, with a sliding patio door to the rear garden and a secluded paved dining terrace and large window and doors to the front enjoying the lovely views.
There are three double bedrooms. The main bedroom has an en suite bathroom and a walk in dressing room, and there is a further separate shower and family bathroom and separate w.c.
Outside the gardens are a wonderful addition to this home. To the front is the gravelled driveway together with small lawned areas and mature planting providing some privacy screening.
The rear garden is mainly laid to lawn with plenty of mature shrubs and trees including a large beech tree and lovely seating areas.
The paved dining terrace accessed from the sitting room is a really lovely space to enjoy al fresco dining in the sunshine.
The property owns ground mounted solar panels located in land to the rear of the property which provide a feed in tariff in the region of £2,000 a year.
This generated power is currently not used within the property what3words: nurse.noises.outnumber Tenure Freehold Services Mains electricity and water. Private drainage.
Oil fired heating. The property owns ground mounted solar panels located in land to the rear of the property which provide a feed in tariff in the region of £2,000 a year.
This generated power is currently not used within the property Viewing Strictly by appointment with the Sole Agents, Marchand Petit, Dartmouth.
Telephone: Fixtures & Fittings All items in the written text of these sales particulars are included in the sale.
Other items are expressly excluded, regardless of inclusion in any photograph.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory working order
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
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FAQ
About Penhill Lane, Kingswear
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