This substantial period property offers a compelling investment opportunity in the charming market town of Chagford, nestled within Dartmoor National Park. Comprising four self-contained apartments, the building is set up as both a residence and a holiday let business, currently generating an approximate annual gross income of £90,000. Chagford's reputation as an affluent lifestyle destination is well-established, with its vibrant community spirit and thriving tourism enhancing its desirability. This property benefits from excellent foot traffic and demand due to its central location amidst independent shops and amenities.
The characterful 19th-century building showcases original features such as fireplaces and timber floors while already incorporating modern upgrades like new windows installed in 2025. The existing configuration allows for flexibility in usage—whether for continued holiday letting, owner-occupation, or potential reconfiguration for multi-generational living.
There’s significant room for financial growth through improved marketing strategies or alternative accommodation formats. The spacious separate units are thoughtfully designed, with modern kitchens and bathrooms; however, there may be areas where further enhancement could increase appeal or efficiency. The presence of a large loft space offers additional potential for conversion (subject to planning), making this venture even more attractive to investors.
The outdoor spaces include a private courtyard and garden areas that further enhance the living experience while adding value to each unit. Given the strength of demand in this high-value micro-location, this property stands out as an exceptional opportunity for savvy investors looking to capitalize on its existing income stream while exploring further enhancements.
