Colmer Estate, Modbury, Ivybridge
- PROPERTY TYPE
Barn Conversion
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 28-acre site in rural South Devon
- Shared swimming pools (indoor and outdoor)
- Tennis courts
- Indoor games room
- Fishing lake
- Proximity to fine beaches: Blackpool Sands, Bigbury-on-Sea, Hope Cove, and Salcombe
- Potential Income: £31,500 per annum
- Service Charge: £6,000
- Energy Performance Certificate (EPC): Currently D
- Tenure Freehold
Description
Set within a stunning 28-acre countryside estate, this beautifully converted stone cottage offers a rare opportunity to own a holiday home with access to exceptional shared leisure facilities. Located just a short drive from some of South Devon's most iconic beaches, this property is ideal for investors, second-home buyers or those seeking a peaceful escape with the potential to earn a strong rental income.
The cottage benefits from access to an indoor and outdoor swimming pool, tennis courts, an indoor games room, a fishing lake, and expansive green spaces. Inside, the property has been thoughtfully finished and features eco-conscious heating via an air source heat pump.
With an estimated gross income of £31,500 per annum based on seasonal letting (30 weeks at £150 per night), and an estimated net return of £24,555 after fees and service charges, this property presents an attractive yield for those considering Airbnb or holiday let use.
Owners are permitted to use the property for up to 11 months per calendar year, in line with holiday occupancy conditions.
The EPC is currently rated D, with the potential to improve to C with upgrades.
Estimated Net Yield Examples
- At £150,000: approx. 16.37%
- At £160,000: approx. 15.35%
- At £170,000: approx. 14.44%
Viewings We anticipate high demand for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please call .
ACCOMADATION Reference made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.
FLOOR PLAN The floor plans are set out as a guideline only and should not be relied upon as a representation of fact. They are intended for information purposes only and are not to scale. Copyright Hindhead Property Limited 2023.
STAMP DUTY LAND TAX or Land and Buildings Transaction Tax may also apply in some circumstances.
For more info please visit:
SERVICES Mains gas, electricity, water and drainage.
CONDITIONAL ONLINE AUCTION This property is on offer via our Conditional Online Auction. To peruse the legal pack, head over to the Hindhead Property website. Simply click on the Auction Tab, then onto the Live Auctions menu button.
Remember, the clock is ticking! The closing day of our Conditional Online Auction. Bidding ends on Tuesday 30th September 2025 at 2:00 pm.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street,Covered,Off street,Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Colmer Estate, Modbury, Ivybridge
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Visit our security centre to find out moreDisclaimer - Property reference 101415003239. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hindhead, Plymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hindhead, Plymouth on 01752 741739.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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