4-bedroom detached house · TQ8 8EG
For saleReduced £55k (−6.5%) on 3 JulListed 294 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Myrana is a detached family home, located in a peaceful location on Drake Road, yet within walking distance of the town centre.
Enjoying marvellous Estuary views from all the front facing windows, there is also a balcony from the sitting room and kitchen from which to enjoy the stunning outlook.
The house has two private parking spaces off Drake Road and steps then lead up through the mature gardens to the front door.
To gain maximum impact from the water outlook, the property has been built 'upside down', with an entrance hall with large store cupboard leading to three double bedrooms, with the master bedroom en-suite, a family bathroom and a fourth bedroom/study.
Bedroom 1 has a door to the outside and Bedrooms 2 & 3 enjoy access onto a balcony, meaning all three bedrooms enjoy the Estuary views.
Upstairs there is a lovely sitting room with open fire, having double doors opening onto the fabulous balcony where one experiences the real 'wow' factor.
The balcony is also accessed from the kitchen. There is then a separate dining room, cloakroom and utility room, with a door out to the garden. Outside the gardens are mature and well tended.
Viewing arrangements Strictly by appointment with Luscombe Maye, Salcombe directions What3Words: ///zebra.typhoon.appraised Verified Material Information Council Tax band: D Tenure: Freehold Property type: House Property construction: Standard brick and block construction Energy Performance rating: D Number and types of room: 3 bedrooms, 2 bathrooms, 2 receptions Electricity supply: Mains electricity Solar Panels: Yes - owned outright Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
The system was installed on 1 Oct 1996.
Heating features: Double glazing and Open fire Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: Private Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No Loft access: Yes - insulated and boarded, accessed by: Hatch All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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.
Area
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FAQ
About Myrana, Drake Road, Salcombe
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