Summary -
The Popples,Colmer Estate,Modbury,IVYBRIDGE,PL21 0SG
PL21 0SG
2 bed 1 bath Barn Conversion
Rustic retreat with strong holiday-let potential near South Devon beaches.
• Freehold two-bedroom barn conversion, 603 sq ft
• Set within a private 28-acre estate with extensive leisure facilities
• Potential gross income circa £31,500 per year (basis stated)
• Annual service charge: £6,000 (above-average running cost)
• EPC currently D; scope to improve to C with upgrades
• Small overall living size; best as holiday let or second home
• Owners allowed personal use up to 11 months per year
• Rural hamlet location, very low crime, good mobile signal
A charming two-bedroom stone barn conversion set within a private 28-acre South Devon estate, offered freehold. The cottage combines period character with contemporary comforts across 603 sq ft, and sits among shared leisure facilities that help sustain strong holiday-let demand. Its location is rural and peaceful, yet within easy reach of popular beaches and local amenities.
On-site leisure is a major draw: indoor and outdoor pools, tennis courts, an indoor games room and a fishing lake create year-round appeal for holiday guests. The property is currently EPC rated D with clear scope for energy improvements to reach C. The estate permits owner use up to 11 months per year — useful for part-time stays alongside lettings.
Estimated gross income of £31,500 p.a. (based on 30 weeks at £150/night) indicates attractive short-term returns for a purchase price of £160,000, though the advertised net return assumes ongoing management and occupancy levels. Note the estate service charge of £6,000 annually (above average) which will affect net yield and running costs.
This cottage suits buyers seeking a lifestyle bolthole with income potential or investors targeting holiday-let returns in a secluded rural setting. The property is compact and will suit those comfortable with small living spaces and with the willingness to invest modestly in energy and cosmetic upgrades to maximise long-term value.
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