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Culverhill, Lamerton, Devon

South West

£790,000

Listed on 20/10/2026

The listing

Property details

Bedrooms
6
Type
Detached
Area
2930 sqft

Features

  • Garage
  • Garden
  • Parking

Description

A pair of detached, freehold homes in a quiet countryside setting near Tavistock, offered chain-free and either together or separately. The larger property has four double bedrooms and two bathrooms, while the adjoining cottage provides two double bedrooms and two bathrooms. Both are unrestricted and require thorough refurbishment and improvement, offering scope to update the accommodation and gardens. The four-bedroom house is understood to date from the 1960s. Its accommodation includes a sitting and dining room with a substantial stone fireplace and wood-burning stove, a kitchen/breakfast room, utility and laundry/store rooms, and four first-floor double bedrooms. A large integral garage/workshop has power, lighting, shelving, a workbench, inspection pit and WC. The listing notes that incorporating some of this space into the house may be possible, subject to any required consents. Gardens extend to the side and rear, with a blockwork store building. The two-bedroom cottage was rebuilt from a former ruin around 35 years ago. It has exposed beams and timbers, slate flooring, ledged-and-braced doors and dual-aspect rooms. It also has a driveway, gravelled parking area, detached blockwork garage and garden. The listing identifies possible uses including an annexe or holiday or residential letting, as well as refurbishment and resale; any changes or extensions would require relevant consents and feasibility checks. The properties are a few miles from Tavistock, with local amenities and walking routes nearby. The listing gives EPC ratings of F and E and Council Tax bands F and C. Both homes are described as needing substantial modernisation, internally and externally.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

65out of 100
Grade CPotential opportunity

Confidence: MEDIUM

The standout here is the chance to acquire two detached homes together: a four-bedroom house and a two-bedroom cottage, each with its own driveway, garage and garden, in a quiet countryside setting near Tavistock. At £270/sq ft, the £790,000 asking price is 11.8% below the local average, making the entry price a genuine opportunity. Both properties offer scope to refresh kitchens, finishes and floors, while the main house’s stone fireplace and the cottage’s exposed beams give the project character to build on.

This is a substantial two-property project rather than a cosmetic update, with £55,000–£95,000 indicated for works. The asking price plus the £75,000 renovation midpoint is £865,000 against an implied current local average of about £895,848; that is a modest 3.6% margin before fees, and the comparison is not a renovated GDV. The quiet setting, established gardens and separate buildings make the opportunity distinctive, but the economics leave limited headroom at the midpoint.

Key opportunities

  • Rework and modernise both detached homes, tailoring the four-bedroom main house and two-bedroom cottage as distinct living spaces.
  • Build on the main house’s substantial stone fireplace and the cottage’s exposed beams to give the refreshed interiors character.
  • Make better use of the separate garages, driveways and established gardens as part of a broader improvement plan.

Key risks

  • The £55,000–£95,000 works range makes this a substantial two-property programme, not a cosmetic refresh; budget and schedule for improvements across both homes.
  • Staining and discolouration are visible in utility or service areas and near lower kitchen wall areas; investigate the cause and scope before fixing the works budget.
  • The indicative margin against current local average value is modest at the renovation midpoint and excludes stamp duty and fees.

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Map

Location

Culverhill, Lamerton, Devon
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,985
Based on a loan of £592,500 over 30 years at 4.45% 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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