2-bedroom house · PL19 8ER
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to investors, is this two bedroom coach house, benefitting a larger than average garage, parking and a rear courtyard garden.
Offered with mains gas fired central heating, the property is approached via steps to the rear, leading to an entrance porch with space for coats and a cupboard housing the wall mounted gas fired boiler.
A door leads into the hallway with storage cupboard.
A spacious double aspect lounge/diner boasts a window seat enjoying views to the front and French doors leading out to the rear enclosed courtyard garden. Ample space for a dining table and chairs.
The kitchen is well fitted with a range of wall and base units incorporating an electric double oven with gas hob, with extractor hood over. Space and plumbing for washing machine.
There are two bedrooms, one single bedroom off the hall from the lounge, which is currently used as a tv room, but could be an office.
The main bedroom is a double room with large recessed wardrobe area together with a large built-in airing cupboard with slatted shelving.
Porch (1.53 x 1.37 (5'0" x 4'5")) Entrance Hall Lounge/Diner (5.26 x 3.32 plus door recess (17'3" x 10'10" plus) Kitchen (2.80 x 1.98 (9'2" x 6'5")) Bedroom 1 (3.26 x 2.97 plus recess (10'8" x 9'8" plus recess)) Bedroom 2 (2 x 94 x 2.25 max (6'6" x 308'4" x 7'4" max)) Bathroom (1.96 x 1.67) Garage (5.10 x 3.98 (16'8" x 13'0")) Services Mains Electricity, Gas, Water and Drainage Epc D67 Local Authority Tbc Tenure Leasehold - expiry date 23/06/2082.
Ground rent £100 pa. Situation Tavistock is an ancient stannary and market town located on the edge of the Dartmoor National Park.
The town offers a wide range of local and national shops whilst also boasting the renowned pannier market, riverside park, leisure centre and theatre.
The area is excellent for visitors both to see the town itself and for exploring the surrounding countryside, the wild Dartmoor scenery and the many neighbouring pretty villages and a variety of National Trust properties.
There are exceptional educational facilities in both the state and private sector.
The town itself has fantastic sporting facilities including, tennis courts, a bowls club, athletics track and various football pitches.
For golf enthusiasts, there are excellent golf courses nearby, at Yelverton and Tavistock and St. Mellion.
There are also opportunities to fish by arrangement on a number of local rivers, including the Walkham, Tavy and Tamar.
Directions From Tavistock town centre proceed along the A390 turning left into Monksmead. Follow the road down and round to the right and take the first right hand turn.
The Coach House can be found in front of you on the right.
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.
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FAQ
About 52, Monksmead, Tavistock
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