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See how verdicts work1-bedroom flat · TQ8 8HJ
For saleReduced £15.5k (−5.7%) on 26 OctListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying breathtaking panoramic views across the mouth of the picturesque Salcombe Estuary, 8 Melbury is a beautifully presented studio apartment offering an exceptional coastal lifestyle.
Perfectly positioned on the highly sought-after Devon Road, this elevated home captures sweeping vistas from golden sandy beaches to the tranquil waters beyond, all of which can be admired from the sun terrace and principal picture window.
Just a short five-minute stroll from Salcombe’s vibrant town centre, the property combines convenience with a peaceful setting, making it an ideal retreat.
Internally, the apartment has been thoughtfully renovated to a high standard, creating a stylish and contemporary living space with a distinct sense of luxury throughout.
Designed to maximise both comfort and functionality, the open-plan layout incorporates a well-appointed kitchen alongside a cleverly arranged living and sleeping area, perfectly suited for modern living.
The en suite-style bathroom features a sleek walk-in shower, completing the refined interior.
Externally, the property benefits from a private sun terrace—ideal for relaxing or entertaining while taking in the stunning coastal outlook—along with access to well-maintained communal gardens.
An allocated parking space further enhances the convenience of this desirable home.
Whether you are seeking a romantic coastal escape, a lock-up-and-leave holiday home, or a superb base from which to explore the South Hams, 8 Melbury offers an outstanding opportunity to enjoy the very best of Salcombe living.
The beautiful estuary town of Salcombe is located in the heart of the South Devon region known as the South Hams, which is known for having an uncommonly temperate climate, verdant unspoilt countryside, hidden combs and a spectacular coastline.
Arguably one of the most sought after waterfront locations in the UK, Salcombe is the perfect setting for this beautiful home.
Once a thriving fishing village, Salcombe still retains much of its original charm and character.
The property sits within the short distance of the town, with its many restaurants, local pubs and boutique shops. More extensive shopping and amenities are available in Kingsbridge.
The Salcombe Estuary has numerous sandy beaches, coves and sheltered anchorages, all of which make it an excellent base for dingy sailing, water sports, boating and long walks along the beautiful coastline.
Salcombe is also a famous yachting centre and provides a perfect cruising base from which to explore France, The Channel Islands and the beautiful harbours and creeks of the West Country.
Services Mains electricity, water, and drainage. Electric heating. Fixtures and Fittings All items in the written text of these particulars are included in the sale.
All others are expressly excluded regardless of inclusion in any photographs. Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
Viewings Very strictly by appointment only through Marchand Petit (Salcombe Office) Tel:
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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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

FAQ
About Devon Road, Salcombe
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