Established holiday business with extensive lakeside grounds and expansion potential.
Period country house renovated 2023 to a high standard
Three popular holiday cottages with separate access and parking
Approximately 13.65 acres with three fishing/wildlife lakes
850m River Waldon frontage with fishing rights
Large workshop/storage building with power and roller door
Private sewage treatment plant serves house and cottages
Oil-fired heating and woodburning stoves—running costs apply
Very slow broadband; average mobile signal in remote hamlet
Mill Leat is an impressive, newly renovated country house set in about 13.65 acres of West Devon countryside, offering three well‑appointed holiday cottages and three fishing/wildlife lakes. The main house was fully refurbished in 2023 to retain period character while delivering comfortable family living, with woodburners, oil central heating and modern double glazing. A large workshop and amenity woodland add practical value for hobbies or small‑scale agricultural use.
The estate includes approximately 850m of River Waldon frontage with fishing rights, three substantial lakes and level paddocks — strong assets for a holiday‑let business or private country lifestyle. The terrace of three cottages is separately accessed and already configured for short‑term letting with parking and lawned seating areas overlooking the water. There is further land available, offering scope to expand or diversify the income stream.
Practical considerations are clear and factual: the property uses oil-fired heating and relies on a private sewage treatment plant, which entail running and maintenance costs. Broadband speeds are very slow and mobile signal is average, reflecting the remoter hamlet setting; this may affect home‑working or some holiday‑maker expectations. Council Tax sits above average and the site is served by a shared concreted approach drive.
For buyers seeking an established rural enterprise with immediate holiday‑let income potential, significant natural assets and a beautifully presented farmhouse, Mill Leat presents a rare combination. Those prioritising high‑speed connectivity or low‑running‑cost communal heating should factor in the remote location and oil fuel/sewage arrangements.
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