Colmer Estate, Modbury, Ivybridge
- PROPERTY TYPE
Barn Conversion
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- 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
Discover the charm of owning a lucrative Airbnb property in the heart of rural South Devon.
With its idyllic 28-acre setting and an array of shared leisure facilities, this stone cottage is a promising and versatile holiday cottage with a starting bid of £196,000.
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
Income Potential:
Income Example: £150 per night
30 weeks (210 days) occupancy rate
Potential Income: £31,500 per annum
Service Charge: £6,000
Airbnb Fee (3%): £765
Net Income: £24,735
Additional Considerations:
Green Credentials: Air source heat pump for hot water and heating
Energy Performance Certificate (EPC): Currently D, but estimated as C for enhanced efficiency
Estimated Utilities:
D: £5,386
Return on Investment:
Last Year's Net Return: £20,480 (Based on a 30-week occupancy)
Yield Percentage:
£176,000: 11.64%
£185,000: 11.07%
£190,000: 10.37%
£195,000: 10.1%
This Airbnb property offers a unique blend of comfort, natural beauty, and substantial income potential. Don't miss this opportunity to own a piece of South Devon's tranquillity with a promising return on investment. Contact us now to explore this exceptional property and investment prospect!
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.
- 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.
*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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