Colmer Estate, Modbury, Ivybridge

STUNNING COUNTRYSIDE RETREAT OR HOLIDAY LET this charming two-bedroom stone cottage, nestled within an exclusive 28-acre countryside estate in rural South Devon. This characterful retreat perfectly combines rustic charm with modern comfort and presents a rare opportunity for those seeking a peaceful second home, private escape or high-yielding holiday let investment. Just a short drive from South Devon's iconic beaches, coastal paths and picturesque villages, the location offers the best of both coast and country.

The ground floor features a welcoming lounge/dining area with a cosy focal fireplace and an adjoining study/snug area, ideal for reading, working or relaxing. The space flows naturally into a well-equipped kitchen, fitted with modern appliances and practical work surfaces-perfect for self-catering stays or hosting guests. Upstairs, the property offers two well-proportioned bedrooms; the principal bedroom enjoys scenic estate views, while the second bedroom comfortably accommodates guests or twin letting arrangements. A modern family bathroom with a full-sized bath completes the first floor.

Set within beautifully landscaped grounds, the estate offers residents and guests outstanding on-site leisure facilities, including indoor and outdoor swimming pools, tennis courts, an indoor games room, a tranquil fishing lake and expansive walking areas rich in wildlife. These amenities ensure year-round appeal, making the property especially attractive as a holiday let.

With an estimated gross annual income of £31,500 (based on 30 weeks at £150 per night) and a projected net return of approximately £24,555, this cottage presents exceptional investment potential, offering a strong yield at the asking price of £160,000. Owners are permitted personal use for up to 11 months per year, in accordance with holiday occupancy regulations. EPC rated D, with scope to improve to C through upgrades.

A delightful countryside escape with proven income credentials, this unique home offers lifestyle, location and financial return in one of Devon's most desirable rural settings. 

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 .
 

GENERAL PROPERTY DISCLAIMER These particulars are for general guidance only and do not form part of any offer or contract. All descriptions, measurements, floor plans, and information are provided in good faith but are approximate and not guaranteed.

Any reference to planning permission, building regulations, use class, development potential, listed status, conservation area, or Tree Preservation Orders (TPOs) must be independently verified by the buyer or tenant through the relevant local authority.

Services, utilities, fixtures, fittings, systems, and appliances have not been tested, and no representation is made as to their condition or suitability. Buyers or tenants should also carry out checks for environmental risks including flood zones, invasive species (e.g. Japanese Knotweed), subsidence risk, and other local or natural hazards.

Tenure, boundaries, access (including over private roads), rights of way, covenants, lease details, service charges, and any associated costs or taxes (including Stamp Duty) should be confirmed by a legal adviser.

Photographs, videos, and marketing materials may be digitally enhanced, staged, or illustrative and may not reflect the current condition.

Prospective buyers and tenants are strongly advised to carry out their own inspections, surveys, and legal due diligence before entering into any agreement.

Hindhead Property Limited accepts no liability for loss or damage arising from reliance on these particulars.

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