Summary - 2 MILL STREET CHAGFORD NEWTON ABBOT TQ13 8AW
6 bed 4 bath Detached
Four self-contained apartments in heart of Chagford with strong rental income and Dartmoor roof views..
Central Chagford town-centre location, shops adjacent
Set in the very centre of Chagford, this restored three-storey Arts-and-Crafts house is arranged as four well-presented, self-contained holiday-let apartments across three floors. The building combines retained period features — sash windows, stained glass, working cast-iron fireplaces and original flooring — with modern upgrades including a solar PV array, new high-quality double glazing and high-speed broadband. Current income is £50,000 per year with an estimated increase to £70,000 next year, making it immediately income-producing for an investor.
The layout yields six bedrooms and four bathrooms overall, plus a roof terrace with Dartmoor views, a courtyard garden and attic accommodation. The property is freehold, chain-free and newly renovated to a high standard, so it suits buyers seeking a turnkey investment, a managed holiday-let business, or a multi-unit home with strong rental potential. Its town-centre position places shops and amenities on the doorstep and offers easy access for holiday guests.
Buyers should note the property sits directly off the pavement with no front garden and on-street parking only. External private amenity space is limited to a small courtyard and the roof terrace. The original granite or whinstone walls are assumed to have no built-in insulation, which may influence long-term energy efficiency and retrofit costs despite the solar PV and double glazing.
Overall this is a rare small-town investment: substantial footprint and character, immediate cashflow, strong upside with modest capital works possible (insulation, further energy efficiency), and an enviable central location facing the high street and Dartmoor beyond.
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