3-bedroom terraced house · PL21 0QT
Listing removedListed 172 days
Opportunity summary
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About
DESCRIPTION & SITUATION Located in the heart of the bustling market town of Modbury, 1 Moon Lane offers a three bedroom character cottage with spacious accommodation and countryside views.
Boasting character throughout, the ground floor offers an open plan kitchen/ dining room with a range of mounted cupboards, integrated appliances including a Rayburn, and an abundance of natural light from the three sash windows on the front aspect.
The spiral staircase leads to the first floor where the generous living room can be found, this lovely space benefits from a log burner and beautiful countryside views.
On the first floor is a double bedroom with a modern ensuite shower room.
On the second floor is further accommodation including two spacious double bedrooms, both with outstanding views, a large family bathroom with bath and a separate shower.
Outside, the garden is slightly offset to the property and offers a large space, mainly laid to lawn, with a range of timber sheds and a sunny aspect.
Modbury is a picturesque Georgian town situated in an 'Area of Outstanding Natural Beauty', and is only about 4 miles from the nearest beach.
Some two hundred years ago it was extremely prosperous being the local market town and a centre for the wool trade.
Today there is a good range of local shops including a butcher, grocers, chemist, delicatessen and a number of gift and antique shops.
Other amenities include a primary school, health centre, dentist, veterinary surgery and mobile bank and library.
For more comprehensive shopping, Kingsbridge is to the South and Plymouth is about 12 miles to the West. Modbury is on the main bus route and is also only about five miles from the A38.
Nearby there are fine cliff top and coastal walks, other beaches and coves, with sailing at Salcombe and Newton Ferrers, 18 hole golf courses at Thurlestone and Bigbury and Dartmoor National Park is several miles to the North.
FURTHER INFORMATION Verified 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 ( Alternatively, you can contact our team for this information.
Council Tax band: D Tenure: Freehold Property type: House Property construction: Standard brick and block construction Energy Performance rating: D Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
The system was installed at an unknown date.
Heating features: Double glazing and Wood burner Broadband: FTTC (Fibre to the Cabinet) Mobile coverage: O2 - Great, Vodafone - Great, Three - Good, EE - Great Parking: None Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: Yes: As gardens are on the side of the properties everyone has to use the same path to reach their garden.
I do not know if that is a public right of way or not Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No Loft access: No All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
Viewing: Strictly by appointment with Luscombe Maye, Modbury Lettings: Luscombe Maye also offers an Award Winning Lettings service.
Please contact Andrew or Alex on or to discuss our range of bespoke services.The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Value & comps
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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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About 1, Moon Lane, Modbury, PL21
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