We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom semi-detached house · TQ7 3DY
For saleReduced £30k (−5.7%) on 20 JunListed 621 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to purchase probably the best 2 bedroom property at Ocean Reach, a development of luxury homes and currently part of a thriving holiday let business, being sold with all 2025 bookings.
Built in 2017, it is the perfect 'lock up and leave' with the developer still the site caretaker.
Located in an Area of Outstanding Natural Beauty with breath taking views over Bigbury Bay towards Burgh Island, the adjoining coastline as well as surrounding countryside, the house was constructed and finished to a very high standard.
The property benefits from a generous open plan living/dining area with doors opening out onto the west-facing, sunny terrace, whilst enjoying a well-fitted kitchen with high gloss units, granite worktops, some integrated appliances and underfloor heating throughout.
In addition there is a shower room and wc on the ground floor. Upstairs there are two double bedrooms and a family bathroom.
The master bedroom enjoys a door opening out onto a balcony with outstanding views across to Burgh Island.
Outside to the front there is an allocated parking space, a useful garden shed and an area for sitting out. To the rear, the terrace and garden are both west facing to enjoy the afternoon/evening sun.
The additional benefits of Ocean Reach include the on-site restaurant and bar, together with direct access to the South West Coast Path at the end of the drive.
Agents note Please note that the property can only be used as a holiday home or holiday let and due to this the property is not subject to the increased council tax premiums on second homes.
Tenure Leasehold with share of freehold. 999 year lease from 2017. Management charge: £2,005 per annum. No ground rent. Services Mains electric. Private water.
Communal lpg for central heating (metered). Communal sewerage treatment plant. Skylight Satellite Broadband. Council tax The property is currently not rated.
Local authority South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE.
Tel: viewing Viewing strictly by appointment with Luscombe Maye directions Turn off the A381 Kingsbridge/Salcombe road at Malborough, following signs to Hope Cove.
Drive through the village and past the church, keeping to the left and Inner Hope Cove and Bolberry. Proceed for about half a mile and turn right signposted to Bolberry.
On reaching the hamlet of Bolberry, turn left, signposted to Bolberry Down. Proceed over the cattle grid and follow the road round to the right. Ocean Reach will be found at the end of the lane.
Material information To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.
If available, please scan the qr code or access the additional online material information web brochure. Alternatively, you can contact our team for this information.
Value & comps
No previous sales on record.
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 asking
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
.png)
FAQ
About Seven Ocean Reach, Malborough
Explore nearby