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See how verdicts work4-bedroom terraced house · TQ8 8EA
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming and recently renovated four-bedroom townhouse, Cranmere presents a wonderful opportunity to acquire a beautifully appointed property in a highly sought-after location in Salcombe.
The property benefits from off-street parking, a sunny rear garden, and is within easy walking distance of the waterfront and the town’s excellent amenities.
The property is entered via a welcoming entrance hall, which leads into the main living area.
This space has been thoughtfully opened up by the current owner to create a wonderful open-plan environment.
Incorporating a charming sitting room with a beautiful bay window, allowing an abundance of natural light to flood in, and a feature fireplace, the space flows seamlessly into the dining area, creating the perfect setting for entertaining.
This in turn leads into the well-appointed kitchen, which has been cleverly designed to maximise the available space and incorporates a range of built-in appliances alongside ample cupboard storage.
Beyond the kitchen is a useful storage or utility room and a convenient, modern shower room. A rear door leads out onto a glorious patio.
Stairs lead to the first-floor landing, where you are greeted by a modern and spacious family bathroom.
Two generously proportioned bedrooms are located on this floor, with the larger of the two enjoying an abundance of natural light through two windows.
Stairs lead to the second floor, where there are two further bedrooms. The larger of the two benefits from useful eaves storage and enjoys wonderful views towards the Salcombe Estuary.
Externally, the property benefits from an off-street parking space to the front, adding to the convenience and appeal of the property.
To the rear, there is a glorious south-facing garden, enjoying a sunny aspect and incorporating both patio and lawned areas.
The garden is enclosed by fencing and mature hedging, creating a pleasant outdoor space.
Cranmere presents an excellent opportunity to acquire a charming property that has been tastefully modernised, creating a wonderful home that is ready to move into.
With four bedrooms, two bathrooms, allocated parking, and glorious sunny outside space, this is a superb property in a highly desirable location.
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.
Services Mains electricity, gas, water, 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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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 Cranmere, Coronation Road, Salcombe, Devon
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