2-bedroom flat · TQ6 0LX
For saleListed 37 days
Opportunity summary
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About
A stylish first floor apartment set within the attractive and peaceful Hillfield Village development.
The property enjoys a wonderful rural setting surrounded by beautiful countryside, and has a fascinating history dating back to the 18th century, offering an appealing combination of tranquillity and accessibility, being just a short drive from Dartmouth.
This beautifully presented and light-filled two-bedroom first-floor apartment enjoys lovely countryside views and spacious, well-appointed accommodation throughout, and the property benefits from a private allocated parking space.
2 New Barn occupies the first floor of this attractive converted barn and has its own private entrance.
The accommodation is centred around an impressive open-plan reception room and kitchen, featuring a vaulted ceiling and Juliet balcony, creating a wonderful sense of space and light.
The stylish kitchen is well fitted with a good range of wall and base units and with integrated appliances, and benefits from excellent natural light provided by two skylight windows.
There are two generous double bedrooms; the spacious main bedroom features a vaulted and beamed ceiling, large picture window and beautiful views across the surrounding South Hams countyrside, and benefits from a stylish en-suite shower room.
A well-appointed family bathroom completes the accommodation. Holiday or second-home use only. The property is offered with a share of the freehold.
New Barn Associates Ltd is owned by the three apartment owners of Nos. 1, 2 and 3 New Barn. Each apartment is held on a 999-year lease; No. 2 New Barn has a lease commencing on 27.04.2018.
Estate service charge: £1535 per annum.
The historic waterside town of Dartmouth is approximately three miles away, renowned for its picturesque waterfront, excellent sailing facilities and famous annual Royal Regatta.
The town offers an excellent range of independent shops, cafés, restaurants and galleries.
The surrounding area provides superb opportunities for walking, cycling and enjoying the spectacular South Devon coastline, with beautiful beaches and scenic coastal walks within easy reach.
There are also several highly regarded golf courses nearby.
For those travelling further afield, mainline railway services to London Paddington are available from Totnes, approximately 13 miles away, while the A38 Devon Expressway can be accessed at Buckfastleigh, around 19 miles distant.
Tenure Share of freehold. New Barn Associates Ltd set up and owned by the 3 apartment owners of No.s 1,2 & 3 New Barn. Each apartment has a 999 year lease.
No.2 is 999 years from 27.04.2018 Service Charge £1535 per annum Services Mains electricity. Private water supply. Private drainage. Electric heaters.
Fixtures & Fittings All items in the written text of these sales particulars are included in the sale. Other items are expressly excluded, regardless of inclusion in any photograph.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory working order
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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