2-bedroom house · PL21 0RF
Listing removedListed 173 days
Opportunity summary
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About
Description Situated in the heart of the market town of Modbury, The Barn is a semi-detached, reverse level barn conversion with spacious accommodation throughout.
The ground floor offers a wide entrance hall leading to two double bedrooms with fitted wardrobes, a modern family bathroom and there is also a modern cloakroom/WC.
Stairs lead to the first floor into a naturally light and bright open plan room with vaulted ceiling and exposed beams.
At the far end is a comfortable sitting area with a gas effect log burner and at the other is the modern fitted kitchen with dining area and range of mounted units.
Situation 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, 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 Council tax band: B Tenure: Freehold Property type: House Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Central heating Heating features: None 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: No Long-term area flood risk: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Energy Performance rating: D 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.
Vieiwngs Viewing strictly by appointment with Luscombe Maye, Modbury lettings Luscombe Maye also offers an Award Winning Lettings service.
If you are considering Letting your own property, or a buy to let purchase, please contact Andrew or Alex on or to discuss our range of bespoke services.
Value & comps
No previous sales on record.
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.
Area
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FAQ
About The Barn, Back Street, Devon
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