3-bedroom house · TQ1 4TS
Listing removedListed 70 daysAuction 11 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction: Cliffside property with planning for detached dwelling The property is to be offered online by 247 Propertry Auctions on 11 September 2026.
To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website . guide price: £325,000 plus, plus fees. Block viewings available.
Please call 247 Property Auctions on to arrange.
A truly unique opportunity to acquire this cliffside property which currently comprises a three bedroom detached cabin that has uninterrupted Sea views toward Babbacombe Bay and Lyme Bay.
The land extends to circa 0.18 hectares (0.45 acres).
This property now has the benefit of a grant of Planning consent for the erection of a grand designs style detached dwelling and will be of huge appeal to both owner-occupiers and developers alike.
A grant of planning permission was issued by Torbay Council on the 19th September 2023 for the formation of a new dwelling to replace existing under application number P/2023/0812.
Auction Notice John Lake Estate Agents are acting as joint agent in connection with the marketing of this property.
The auction is being conducted by 247 Property Auctions Ltd, who are responsible for the auction process, bidder registration, legal pack and online bidding.
All prospective purchasers wishing to participate in the auction must register directly with 247 Property Auctions and should familiarise themselves with the auction terms, conditions and legal documentation prior to bidding.
Full auction details, including registration and bidding information, can be found at: The Location Of Maidencombe The hamlet of Maidencombe is a true Devon Lifestyle, enviably positioned between the coastal town of Torquay and the estuary Village of Shaldon with Teignmouth beyond, together offering an array of amenities, leisure activities and mooring facilities.
The sheltered cove of Maidencombe Beach provides a café in the warmer months, and dogs welcome all year round.
From The Cabin, the beautiful South Devon Coastpath meanders toward Torbay or Shaldon, taking in some of the finest views in Devon.
Current Cabin Accommodation Kitchen with scullery and walk-in larder, living/dining room, three bedrooms and wet room.
Outside The Property enjoys a veranda with storeroom whilst there are various outbuildings and raised hut which houses the composting toilet.
The vendor has installed a proper Solido Sewage Treatment Plant by wci about 4 years ago, approved by Torbay Council. Mobile & Broadband Coverage Broadband: Superfast available.
Mobile: Good outside, may be variable inside. Source: Directions Sat nav: TQ1 4TS. WHAT3WORDS:///shortens.draining.overheard.
Parking Advice Parking for viewings is advised in the pay and display Maidencombe Beach Car Park, or on Steep Hill (subject to availability) as the unmade shared driveway to The Cabin and neighbouring homes is narrow with limited parking at the property.
It is advised best to walk up, following the South West Coast Path toward Shaldon.
Important Information All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day via the auctioneer, 247propertyauctions.
Parking - Driveway
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About The Cabin Steep Hill, Torquay
Explore nearby