South Hams homes for sale with income potential
10th April 2025
News
As society’s views on the traditional 9-5 are changing, the urge to ditch the commute and swap formal attire for something a little more comfortable is becoming increasingly prevalent. People are looking for new ways of generating income that allow for more freedom and flexibility, so the allure of owning a home with additional income potential is becoming more and more popular.
The South Hams has always been a much-loved destination for travellers, which is why utilising additional space as guest accommodation is a popular choice. Thousands of people flock to the region year-on-year; why? The sparkling estuaries where boats bob gently, hidden coves perfect for secret picnics, and rolling hills that seem to stretch on forever. People come here to escape the hustle and bustle, to breathe in the fresh sea air, and to discover the charm of quaint villages.
Exploring the option of a long-term rental for a portion of your property also presents a valuable opportunity. Instead of short-term holiday lets, this approach provides a consistent and reliable income stream, similar to receiving a regular salary. It also eliminates the frequent turnover of guests associated with holiday rentals, reducing the administrative burden. By offering a stable living environment, you contribute to the community while simultaneously generating a steady financial return.
Marchand Petit offer a range of accommodation with income potential; from beautiful estates with detached cottages, family homes with additional annexes, and properties with sprawling grounds with room to house a shepherd’s hut. So, if you’re looking to move somewhere with the bonus of income potential, discover just a handful of our investment opportunities and income-generating properties in the South Hams below.
Parsonage Farm:
Once a medieval house with ties to the church, Parsonage Farm is an impressive home situated in the ever-popular village of Newton Ferrers. Draped in Wisteria in the warmer months, this abode is the epitome of a Devonshire farmhouse with hints of its past lathered throughout.
Tucked behind the farmhouse is a quaint, two-bedroom dwelling where William Bradbridge, Bishop of Exeter and previous owner of this estate, would have slept, some five centuries ago! The unassuming, yet characterful cottage has been sympathetically converted, featuring exposed wooden beams and stonework, and contains a spacious, open-plan living area, making it particularly suited to being used as a holiday cottage. Additionally, Parsonage Farm boasts a separate, converted barn, also suitable for rented accommodation, with a conjoined kitchen and living area, two bedrooms, plus a sun-dappled courtyard.
St Judes Cottage:
Nestled in the picture-perfect village of South Milton this elegant former vicarage, dates back to the 17th century. Whilst still retaining plenty of its original charm, St Judes Cottage has been carefully modernised and extended to a high standard, featuring tactile materials such as exposed stone walls throughout the house.
Within the grounds of St Judes Cottage, you’ll find two external accommodations: The Linhay and The Beech House, both currently being used as holiday rentals. The Linhay is a charming cottage, featuring a thatched roof and Dutch door, further adding to its character. It’s a self-contained dwelling made up of an open-plan living room and kitchen, also containing a bed that can be separated from the rest of the property via a large curtain that divides the room. It makes a lovely little holiday rental, suitable for a couple or a lone traveller. Meanwhile, The Beech Hut is more family-friendly with two separate bedrooms alongside an open-plan kitchen/living room.
Click here for more information about St Judes Cottage.
2 Antrim Terrace:
Situated in the heart of Totnes, a town that is adored by locals and visitors alike, 2 Antrim Terrace is a substantial family home perched under the impressive gaze of Totnes Castle. Light and airy throughout, this Victorian abode offers a considerable five bedrooms, perfect for a large family or those that need that extra office space for working from home.
On the lower ground floor of the property, you’ll find a separate, self-contained flat made up of a bedroom, an open-plan kitchen/living room, and a bathroom. This section of the property can be accessed internally or via the back of the house through its own terrace. This flat could be great for long-term rented accommodation, especially being situated in the centre of the town and a short walk to the train station with access to direct train lines to Exeter, Plymouth and beyond.
Find out more about 2 Antrim Terrace here.
Passage House and Toll House:
Gazing upon the shimmering expanse of the Yealm Estuary, Passage House emerges as a true sanctuary for enthusiasts of the coastal lifestyle—a quintessential riverside retreat where one can lose track of time, mesmerised by the ebbs and flows of the waters below. Accessible via a tranquil lane that meanders through the enchanting Passage Woods, this idyllic haven is blissfully secluded from society, bar the occasional sailing boat or paddleboards that glide gracefully across the estuary's surface.
The house itself emanates a serene comfort, beckoning you to relax and savour the splendour of its surroundings. The spacious kitchen and breakfast room, illuminated by light that pours through the large windows, boast a breathtaking view of the sheltered waters, while the log burner in the main reception room invites warmth and intimacy for cosy evenings spent indoors.
While its riverside position is undoubtedly the highlight of this property, the presence of the Toll House on the grounds is especially appealing for those seeking an income-generating home. Converted from a former boat store in 1987, the separate, self-contained dwelling offers a beautifully designed one-bedroom retreat. With its open-plan layout, it serves as a perfect hideaway for visitors looking to immerse themselves in the charms of river life, featuring stunning vistas across the river to Newton Ferrers. The stone walls and high ceilings imbue the space with character and grandeur, while its effortless flow ensures a comfortable and inviting living experience.
Find out more about Passage House and Toll House here.
Stable Cottage:
While being conveniently situated a short walk from Kingsbridge town centre, Stable Cottage exudes a sense of privacy and solitude. It’s tucked away on Belle Cross Road, surrounded by glorious countryside but still close enough to civilisation to enjoy the hustle and bustle of a busy market town. The heart of the house is the light-filled, open-plan kitchen, dining and living room with floor-to-ceiling windows that allow all that rural goodness to seep inside. Regarding bedrooms, there are three well-proportioned rooms, plus a snug which could be utilised as an extra bedroom, making it an excellent home for a large family.
Outside the home and across the garden, you’ll find an annexe, somewhat reminiscent of a log cabin, which offers a flexible living area where you can sleep, eat and relax; the ideal accommodation for a holiday let. Outside the annexe is a decked terrace and secluded garden, providing a great space for post-adventure relaxing in the evening sun. Stable Cottage also boasts a shepherd’s hut, a viable space for a home office, or additional guest accommodation.
Click here for more information about Stable Cottage.
Higher Gitcombe:
Truly submerged in a glorious pastoral tapestry, Higher Gitcombe is an extraordinary country house; modern and sleek yet still full of character and warmth. The residence is made up of a substantial six bedrooms, three reception rooms, four bathrooms (a number of which are en-suites), and a lovely kitchen/breakfast room. Each room, communal spaces and bedrooms alike, are capacious and light-filled, offering a wonderfully open and bright feeling throughout.
The property has the benefit of a self-contained one-bedroom apartment, The Coach House, which currently generates a constant revenue throughout the year. This open-plan sanctuary, encompassing a double bedroom, kitchen, dining, and sitting area, graces its inhabitants with breathtaking vistas of the rugged Dartmoor landscape from its charming decked balcony, complete with the delightful addition of an outdoor hot tub. Crafting the ideal retreat for wanderers yearning to flee to the countryside.
Find out more about Higher Gitcombe here.
Moira Cottage:
Presently arranged as two flats, Moira Cottage is a large, detached home in the Townstal area of Dartmouth, a brisk 15-minute walk from the centre and all the fantastic amenities the town has to offer. The ground floor is a spacious apartment with a living room, kitchen, shower room and a bedroom. If an additional space is needed, the flat also has a versatile dining room which could be used as a bedroom.
The current owners utilise the top floor flat as a successful holiday let; given its proximity to the town centre and a nearby bus route with access to Kingsbridge and Totnes, the property is great for holidaymakers who want to explore all that the South Hams has to offer. However, it may also prove to be a great residential let if you’re looking for a more regular and consistent income.
Find out more about Moira Cottage here.
Somerswood:
For those yearning for a Dartmoor sanctuary, Somerswood stands as an quintessential countryside retreat, its roots tracing back to the 1800s. This evocative home has been lovingly restored, manifesting a chic and spacious haven while preserving tactile elements like exposed stonework and warm pine floorboards. It boasts a generous six-bedroom layout, accompanied by four ample reception spaces that gaze upon the serene garden, alongside a kitchen/breakfast room nestled at the rear of the residence.
Perfectly suited for a holiday retreat, the annexe wing, accessible from the inner courtyard, showcases an open-plan living space on the ground floor, complete with a contemporary wood-burner and entry to a charming balcony that offers enchanting views over the river. Ascending to the first floor, one discovers a delightful bedroom adorned with a dual aspect, a vaulted ceiling, and an ensuite shower room. We are confident that visitors will revel in the breathtaking countryside vistas, allowing them to truly escape the burdens of everyday life.
Click here for more information about Somerswood.
Millbay Cottage:
Occupying an unmatched position overlooking the sparkling waters of the Salcombe Estuary, Millbay Cottage is a fantastic home set within 14 acres of land, backed by towering woodland that offers privacy and serenity. Dating back to the 1900s, the main house allows for effortless open-plan living, with a combined and light-filled kitchen, dining and living room, boasting French doors that open out onto the pleasant wrap-around terrace. Upstairs, you’ll find three ample bedrooms, each enjoying the beckoning views of the estuary.
And, if that wasn’t enough, an added benefit of this property is the self-contained, one-bedroom annexe above the double garage. Possessing unrivalled, panoramic views from the living room and adjoining full-width balcony, this lodging would make the perfect holiday let where residents can feel the sand between their toes in a matter of mere minutes.
Find out more about MillBay Cottage here.
Higher Spriddlestone Barns:
Set amidst the sprawling, rural landscape of Spriddlestone, a quaint hamlet in the parish of Brixton, Higher Spriddlestone Barns is an estate comprised of two detached, stone barns and glorious grounds. Converted in the 1980s and subsequently refurbished more recently, the primary residence is showcased to the utmost standards, featuring spacious accommodations that seamlessly combine its original features with modern design elements.
Whilst feeling incredibly rural, Higher Spriddlestone Barns is just five-miles from Plymouth and three-miles from Wembury, it’s nearest beach, meaning it’s could be a highly desirable location for holidaymakers. Luckily, the second, smaller barn, The Loft, serves as a charming guest cottage. It boasts a self-contained apartment on the first floor that includes a generously sized bedroom with an en-suite shower room, a well-equipped kitchen, and a sitting room with a stunning vaulted ceiling. The ground floor provides an office/treatment room alongside a single garage and workshop. The Loft benefits from its own parking and outside seating area surrounded by a garden, which is beautifully enclosed by a mixed shrub border.
If Higher Spriddlestone Barn appeals to you, find out more here.
Western Waters:
Set in approximately two acres of grounds, Western Waters is a substantial countryside abode located in Bugford, a small hamlet on the fridges of Dartmouth. The property centres around a large kitchen/breakfast room which opens up into a pretty sunroom, a place that enjoys scenic garden views with terrace doors that can be opened to allow effortless indoor-outdoor living. The kitchen follows onto a utility room and further onto the indoor swimming pool, a haven for any aquaphile. A dining room and a drawing room make up the ground floor, and upstairs you’ll find the bedrooms; the master boasting an en-suite bathroom and a balcony that overlooks the garden.
Weaving together the rustic allure of the countryside with the closeness to Dartmouth and the captivating Start Bay coastline, Western Waters presents an idyllic blend of rural serenity and coastal splendour. Just a heartbeat away from the lively pulse of a maritime town, it stands as the ultimate haven for wanderers eager to embrace the myriad of delights that South Devon has to offer. Fortunately, this charming home boasts a self-contained annexe, connected to the main residence, accessible through the charming boot room or its own inviting entrance across from the garage.
Click here to find out more about Western Waters.
Piers Cottage:
Cradled within a charming pastoral landscape, this three-bedroom, detached abode harmoniously marries contemporary elegance with timeless allure. The residence features a radiant and expansive interior, where sun-kissed living spaces conjure a warm and inviting ambiance. Characterful features such as stone fireplaces, exposed roof trusses and glass walls allow this unique abode to truly stand out. With the delightful ease of proximity to Kingsbridge in one direction and the splendid embrace of glorious beaches in the other, this abode truly shines as a hidden treasure.
Within the grounds of Piers Cottage lies the annexe, separated from the main house, but adjoined to the garage. This delightful haven features a well-appointed kitchen and a shower room on the lower level, while a whimsical spiral staircase ascends to a spacious 30ft sitting/bedroom above. This versatile sanctuary offers abundant space for storage, the potential to craft a cosy home office, or, of course, the allure of a holiday let.
Find out more about Piers Cottage here.
Farwell House:
Originally a village rectory, Farwell House is now an exquisite Grade II Listed home with beautifully proportioned rooms, meticulously restored throughout. It includes a self-contained three-bedroom wing and a charming three-bedroom cottage, both suited to being used as a holiday, or even a long-term rental. The current owners have lovingly brought the house back to its original splendour, reinstating marble fireplaces, original shutters, and reclaimed cast iron radiators, all set against luxurious marble flooring. Modern upgrades, including new electrics, plumbing, and heating—such as underfloor heating and solar panels—create a stylish 21st-century haven.
The East wing has also been transformed, reconfigured, and extended alongside the main house. The ground floor features an open-plan kitchen, dining and living area with high ceilings leading to a copper-framed extension opening onto a large decked terrace. The first floor hosts three bedrooms, including a master with an en-suite, and a family bathroom. East Farwell offers a separate driveway entrance.
Within the grounds, Farwell Cottage—a 400-year-old Devon longhouse—stands apart yet connects to the courtyard garden. This retreat features a double-aspect sitting room with exposed eaves, a grand fireplace with a log-burning stove, and a separate dining area overlooking the gardens. The master bedroom is double aspect, accompanied by two interlinked single bedrooms and a family bathroom, offering comfort and charm.
Find out more about Farwell House and Cottage here.
And there we have it, our top homes for sale with income potential. If you've ever dreamed of a life where your home helps pay the bills, the South Hams might just be the perfect place. From charming cottages with separate annexes to grand barns with guest houses, there's a variety of properties offering income potential. Whether you're looking to run a holiday let, create a long-term rental, or simply have a space for visiting friends and family, these homes offer a unique opportunity to blend your living space with a little extra income. Remember, it's always important to check any necessary planning permissions before making any big decisions. But with the right property, you could be well on your way to enjoying the beautiful South Hams region while also making your home work for you!
If you’re looking for a new home that can provide you with some extra earnings, get in touch with us, or browse our selection of available property for sale here.
*Please note that some of these properties will be subject to planning permission, get in touch with the relevant office to find out more.
