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See how verdicts work1-bedroom semi-detached house · TQ6 0PB
For saleReduced £7k (−3.6%) on 27 OctListed 123 days
Opportunity summary
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About
A beautifully presented one-bedroom first-floor apartment occupying an enviable position in a stunning and peaceful coastal setting, enjoying truly magnificent far-reaching sea views across the South Hams coastline.
Situated within easy walking distance of the heart of the highly sought-after village of Stoke Fleming, this wonderful apartment also benefits from easy access to the renowned Blackpool Sands Beach, which can be reached in approximately 15 to 20 minutes via the South West Coast Path.
Lovingly maintained by the current owners as a cherished second home, the property offers stylish, low-maintenance accommodation that is perfectly suited as a lock-up-and-leave coastal retreat, holiday home, or holiday-let investment.
The apartment enjoys an abundance of natural light throughout, creating a bright and welcoming atmosphere that perfectly complements its exceptional coastal surroundings.
The accommodation centres around the open-plan living area incorporating a well-appointed kitchen fitted with a good range of wall and base units together with some integrated appliances.
The living and dining space is both comfortable and inviting, with large bi-fold doors drawing the eye towards the outstanding coastal panorama beyond.
Opening directly onto a private balcony, this wonderful space provides the perfect place to relax, dine al fresco, or simply take in the breathtaking views of the sea and surrounding countryside.
There is a small double bedroom, while the contemporary shower room has been thoughtfully fitted to provide both style and practicality.
Outside, residents enjoy the use of beautiful communal grounds that further enhance the tranquil setting, together with the convenience of allocated parking.
Additional amenities include a communal laundry room equipped with both a washing machine and tumble dryer, as well as access to communal storage sheds, ideal for storing outdoor and beach equipment.
The properties within the development are owned through Penhill Park Ltd, with each owner holding a share of the freehold, providing an attractive and well-managed ownership structure.
Offering an wonderful combination of coastal beauty, convenience, and lifestyle appeal, this delightful apartment presents a rare opportunity to acquire a turnkey second home in one of the South Hams' most desirable villages.
The property is designated for second-home and holiday-let use only and benefits from exemption from the second-home double council tax premium, and is being sold to include furniture and contents (with the exception of a few personal items).
The popular and sought after coastal village of Stoke Fleming is located approximately 3 miles to the west of Dartmouth.
The village boasts an active community with a respected primary school, post office/stores, a popular public house, hotel and a bar/restaurant.
The village is in a designated Area of Outstanding Natural Beauty and is close to the award winning Blackpool Sands beach, SW Coastal Footpath and unspoilt Start Bay coastline.
Tenure 999 year leasehold from 26/10/1985. Each owner makes up the freeholders Penhill Park Ltd. Second home/holiday let use only Service Charge £700 p.a. service charge. £50 p.a.
ground rent Services Mains electricity water and drainage 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
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
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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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FAQ
About Shady Lane, Stoke Fleming
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