4-bedroom detached house · PL18 9FH
Sold STCListed 77 daysAuction 27 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Auction on 27 August 2026. Offered in partnership with Aubrey Lee & Co A development opportunity comprising of 2x detached houses requiring finishing works.
Each property offers around 2,100 sqft for accommodation over two floors; to include a large living kitchen, two reception rooms, four bedrooms and four bathrooms.
Each property will benefit from gardens, parking and garage. Small internal finishing works are required along with full landscaping and driveways externally.
The houses are believed to have good Eco credentials and are finished to a high standard throughout. The property includes a retaining wall/party fence structure.
A report obtained by the Receivers indicates it may require attention. No warranty is given as to its condition.
Interested parties must rely on their own inspections and enquiries prior to placing their bid, as this will be binding. The properties are situated in a private cul de sac with far reaching views.
The location is well served with amenities close by and good transport links. Please note: Sale is by Receivers with no title guarantee.
Any available information will be included within the legal pack however Receivers have limited knowledge and prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
The receiver is not in a position to respond to queries and we are asked not to submit preliminary enquiries. Note Please be advised that the auctioneers have not personally inspected the property.
Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Tenure: Freehold EPC Rating: Exempt Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc.
VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 3 & 4 Dingle Court, Drakewalls, Gunnislake, Devon PL18 9FH
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