2-bedroom flat · TQ6 0FS
Listing removedListed 175 days
Opportunity summary
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About
Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this spacious two bedroom shared ownership coach house at 10 Mallow Court, Dartmouth.
The price shown represents purchasing a 30% share of the home.
 Property Overview Located on the outskirts of the sought after coastal town of Dartmouth, this well designed home offers an excellent opportunity to step onto the property ladder in one of Devon's most desirable locations.
Accessed via its own private front door, the property benefits from an independent entrance with internal stairs leading to the main accommodation on the first floor, giving the feel of a private home rather than a typical apartment.
Extending to approximately 90 sqm (972 sq ft), the first floor features a generous open plan kitchen, lounge and dining area measuring over 27 ft in length, creating a bright and flexible living space suited to modern lifestyles.
The kitchen includes fitted units, practical worktop space and room for dining and entertaining.
There are two well proportioned bedrooms, including a principal double bedroom and a versatile second bedroom ideal for guests, home working or a nursery.
A contemporary bathroom completes the internal accommodation.
On the ground floor, the property benefits from a substantial garage and utility area, offering valuable additional space for parking, storage, bicycles or laundry appliances.
 Financial Breakdown Full Market Value: £267,500 30% Share Value: £80,250 Rent on unowned share: £559.58 per month Estate Charge: £13.09 per month Buildings Insurance: £22.85 per month Management Fee: £34.89 per month Total Monthly Charges (excluding rent): £71.63 Lease Length: Approximately 246 years remaining Rent Review: Reviewed annually (Rpi + 0.5%)  Local Area Dartmouth is one of South Devon's most attractive towns, renowned for its waterfront setting, independent shops, cafés and restaurants, along with its rich maritime history.
Residents can enjoy nearby countryside walks, coastal paths and access to stunning beaches within easy reach.
The town also offers everyday amenities, schooling and convenient road links to Totnes, Exeter and the wider South Hams area.
This location is well suited to buyers seeking a balance of coastal living, community atmosphere and practical connectivity. What is Shared Ownership?
Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.
The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.
Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.
 Eligibility Criteria To be eligible for Shared Ownership, you will need to: Have a combined household income under £80,000 per annum Be unable to purchase a suitable home on the open market Meet one of the standard criteria, such as being a first time buyer or forming a new household Satisfy affordability checks and credit assessment Have lived in Devon for at least 3 years (subject to scheme requirements) About Highlight Housing We are The Affordable Homes Agency.
Finding an affordable home should not feel impossible.
Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.
With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.
Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.
Shared Ownership Disclaimer Shared Ownership is subject to eligibility, affordability checks and the terms of the lease.
Rent, service charges, management charges and other costs will increase over time and should be considered carefully.
Failure to meet mortgage, rent or service charge payments could put your home at risk.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 advisors before making any investment decisions.
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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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About 10, Mallow Court, Dartmouth
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