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See how verdicts work3-bedroom bungalow · EX20 4AZ
Sold STCListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is situated on the very doorstep of the Dartmoor National Park, with direct access to some of Britain’s most beautiful and spectacular countryside.
The property is also on the edge of the sought-after Dartmoor village of Lydford.
Lydford provides a range of facilities including two public houses, a farm shop, a well-regarded primary school, a sports field with children’s playground, an active church and village hall.
There is a regular bus service running to Tavistock and Okehampton, with its train station running an hourly service to Exeter St David’s and Exeter Central.
Nearby is the start of the Granite Way and Fernworthy Down, providing excellent walking and riding. The Granite Way also provides a cycle path to Okehampton.
Lydford is conveniently located midway between the market towns of Tavistock and Okehampton, which lie approximately eight and nine miles respectively.
Okehampton on the northern edge of Dartmoor National Park, is approximately 30 miles from both the north and south Devon coasts and offers excellent access to the A30 road network.
Tavistock is a thriving market town adjoining the western edge of Dartmoor National Park with a bustling pannier market and an award-winning farmers’ market.
Between them Okehampton and Tavistock provide a wealth of independent local shops, restaurants, and cafes as well as several national supermarkets, chain stores and banks.
Primary and secondary education is well catered for with both state and private education.
As well as giving access to more superb beauty spots, recreation is well catered for, including parks, swimming pools, tennis courts, bowling clubs, an indoor rifle range, thriving rugby and soccer clubs and both towns have an 18-hole golf course.
The property is a traditionally- built detached bungalow, constructed in the 1920’s and therefore enjoys period features of this era, such as high ceilings and bay windows.
The accommodation, which needs some updating and modernisation, comprises of a modern PVCu, L-shaped entrance porch, which in turn, leads into a long, spacious hallway.
From here, doors enter a triple-aspect sitting room, with window to both sides and an attractive bay window to the front, offering an abundance of natural light.
There is also a brick-built open fireplace. Further doors lead to three very good-sized bedrooms, with the main bedroom being particularly spacious and triple aspect.
Both the main and second bedroom have fitted wash hand basins, making the addition of ensuite bathrooms, a much easier proposition. There is also a family bathroom.
Moving through the property, there is a formal dining room, with a further open fireplace; a breakfast room, with oil-fired Rayburn and an oil-fired boiler, which powers the central heating and hot water; a small kitchen, which could be opened through to the breakfast room, to make a lovely kitchen/dining room.
Beyond the kitchen, is a rear porch, giving access to the rear garden and outbuilding. There is also an outside WC, ideal for use whilst enjoying the garden.
There is also a cellar, with power and lighting, which is accessed externally via a small wooden door. The property has oil-fired central heating and double glazing to all the external windows.
Moving to the outside, the property is approached via the Moorgate, which in turn leads to a gated private lane, shared by Moorings and one other immediate neighbour.
The property has a single garage/store. There are extensive gardens to the property, offering a great deal of privacy and seclusion.
There are a wide range of native ferns, trees and shrubs within the garden and there are glimpses of far-reaching views of the surrounding countryside.
To the rear of the property is a useful outbuilding, measuring 3.3m x 2.03m, which currently houses the oil tank for the central heating.
We are delighted to be appointed as sole agents for the sale of this excellent property and viewing is highly recommended. The property is offered with NO ONWARD CHAIN.
AGENTS NOTE The property is being sold with all the furniture and items within. TENURE Freehold SERVICES Mains electricity, mains water, sole private drainage, oil-fired central heating.
OUTGOINGS We understand the property is in Band F for Council Tax purposes.
(West Devon Borough Council) VIEWINGS Strictly by appointment with Mansbridge Balment Okehampton office on or email DIRECTIONS For SAT NAV, please use the property postcode EX20 4AZ For What3Words use remarked.harp.marsh From the A386 Okehampton to Tavistock road, take the turning left, just before The Dartmoor Inn, and opposite the turning for Lydford and The Lydford Farm Shop.
Continue up the track to the Moorgate. Go through the gate (please close the gate behind you) and park in the car park.
The property will be found on the left-hand side, just as you approach the moor car park. EPC Rating: F Parking - Off street Parking - Garage
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Lydford, Okehampton, EX20
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