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See how verdicts work3-bedroom flat · PL8 1AQ
For saleListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Discover a surprisingly spacious penthouse apartment, elegantly set within a beautiful Georgian building in the heart of Newton Ferrers.
This character-filled residence offers three bedrooms, two en-suite bathrooms, and a family bathroom, perfectly blending historical charm with modern comfort.
Upon entering, you are greeted by a large living room, providing an inviting space for relaxation and entertaining.
The well-appointed kitchen and dining room offer a functional yet stylish area for meals and gatherings.
Two comfortable double bedrooms provide ample space, each benefiting from a superb, modern en-suite bathroom, offering a private retreat.
A third bedroom, which could also serve as a versatile study, completes the sleeping arrangements.
Externally, the property benefits from access to beautiful, established communal grounds, offering a tranquil outdoor space to enjoy.
Practical amenities include a dedicated basement storage area and ample off-road parking, ensuring convenience for residents.
Nestled in the desirable village of Newton Ferrers, this penthouse apartment offers a unique opportunity to enjoy a refined lifestyle within a picturesque setting, with the added benefit of excellent village amenities and access to the stunning South Devon coastline.
Situation The twin villages of Newton Ferrers and Noss Mayo enjoy a delightful riverside setting on the wooded slopes of the estuary of the River Yealm.
This sheltered, deep water harbour is much favoured by yachtsmen and lies within a truly beautiful valley in the unspoilt South Hams countryside, an Area of Outstanding Natural Beauty.
The villages share a number of facilities including a post office, pharmacy, Co-operative store, three good public houses, two churches, yacht club with bistro and good Primary School.
Bus services run to Plymouth city centre which is within easy commuting distance. The main route from Plymouth to Exeter (A38/M5 Devon Expressway) is only a few miles away.
There are rail services at Plymouth and Totnes to London Paddington and numerous flights from Exeter Airport.
Brittany Ferries operate regular car ferry services to France and Spain from the port in Plymouth.
These links give superb access combined with living in one of the most beautiful riverside locations on the south coast.
Plymouth itself is an historic and vibrant waterside City, well provided with colleges, grammar and public schools, modern university, the Peninsula Medical School, Theatre Royal and cinemas, shopping mall, cafes, bistros and restaurants.
The leisure facilities are outstanding with superb waters ports in and around Plymouth Sound.
Verified material information Costs and tenure Tenure: Share of Freehold Lease length: 92 years remaining (125 years from 1993) Service charge: £250/year Council tax band: D EPC rating: D The building Semi-detached flat, standard brick and block construction Accessibility adaptations: None Loft: Insulated and unboarded, accessed by Through numerous flats Outside areas: Front garden, Rear garden, and Communal garden No spray foam insulation Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating, installed 1st Nov 2020 Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 ok, Vodafone ok, Three poor, EE good Parking: Communal Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area Tree preservation order present Title register restrictions (DN389131): - The owner is not permitted to sell or transfer the property without the written consent of the mortgage lender.
This is a standard procedure to ensure the mortgage is settled as part of the sale.
- There are restrictive covenants (legal promises not to do certain things on the land) mentioned in an 1898 document, although the specific details of these rules were not provided to the Land Registry.
No environmental risks recorded No specialist issues recorded Onward chain: 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. 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.
Lettings Luscombe Maye also offers an Award Winning Lettings service. Please contact Alex or Ellie on or to discuss our range of bespoke services.
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.
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FAQ
About Membland Penthouse, Court House, Newton Ferrers
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