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'Powisland House', Tavistock Road, Derriford

South West

£800,000

Listed on 21/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
5156 sqft

Description

Set within expansive, wooded grounds exceeding half an acre, this distinguished Grade II listed Georgian manor house, believed to date back to around 1760, presents a unique investment opportunity. Known as 'Powisland House', it retains much of its historic charm, featuring original elements such as exquisite fireplaces, multi-paned sash windows, and classic wooden flooring combined with modern updates for contemporary convenience. Key enhancements include gas central heating and an American oak kitchen with granite surfaces, making it livable while still offering extensive scope for further renovation. The layout reflects traditional Georgian architecture with a welcoming glazed entrance leading to a grand reception area. The dual-aspect sitting room and dining room provide elegant spaces that are ripe for updating or reconfiguring. The heart of the home is a generous kitchen/breakfast area equipped with modern appliances and outdoor access via a stable door to the courtyard below. The first floor comprises five spacious bedrooms including a principal suite with an en-suite shower room. The original servant's quarters offer significant potential for conversion into separate living spaces or guest accommodations, contingent on obtaining the necessary permissions. Externally, the property features a double garage alongside a unique former coach house and stable block that could be transformed into functional spaces such as home offices or workshops. The professionally landscaped gardens present an idyllic setting with mature trees and shrubs. With excellent local amenities nearby and Dartmoor National Park just a stone's throw away, this property not only boasts character but also plentiful potential for those looking to invest in a substantial renovation project.

Investment Analysis

(PL6 area)

Below Market Value

This property is priced -44.8% below area average per sq ft

-44.8%
Potential saving
This Property
£155/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,594,570
10% above area average per sq ft
Potential ROI
+51.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (PL6)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -1.4%
5 year growth: +21.8%
Investment Disclaimer: Analysis based on PL6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

'Powisland House', Tavistock Road, Derriford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,854
Based on a loan of £600,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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