3-bedroom flat · TQ7 2JG
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coleridge House sits within its own 5-acre grounds, less than one mile from the very popular village of Chillington.
The setting is magnificent, with managed communal gardens including expansive areas of lawn, fine mature trees, numerous flowering shrubs and wonderful pastoral views to the south.7 Coleridge House is just one of seven properties within the exclusive Coleridge House development, which comprises of a range of houses, apartments, and bungalows.
This inviting first floor apartment comprises an entrance hall with two generous storage cupboards which leads into a bright, spacious open-plan kitchen, sitting and dining room.
Filled with natural light, this impressive living space features a wood-burning stove on a slate hearth and ample room for entertaining.
The kitchen is smartly arranged across three sides with display cabinetry, granite work surfaces, an integrated fridge and dishwasher, Belfast sink and Rangemaster cooker, complemented by a separate utility room.
The master bedroom is exceptionally spacious with a large en-suite shower room. The two further bedrooms are both a good size and served by a well-appointed bathroom with shower above the bath.
Outside you have two allocated parking spaces along with ample visitor parking and the use of the well-maintained communal gardens and grounds to enjoy.
Service/maintenance charge - approximately £1,810 per annum (01/04/2026 - 31/03/2027) paid in two instalments.
Situation The village of Chillington has its own amenities including a pub, village hall, playing fields with children’s play area, community orchard, post office/general store, hair/beauty salon, health centre and pub.
There is a primary school in the neighbouring village of Stokenham which is rated outstanding by Ofsted and fine parish churches in Stokenham and Sherford.
The village is conveniently placed for easy access to Start Bay, Salcombe and Dart estuaries, renowned for their sailing, and is also close to the beautiful South Devon coastline where there is a marvellous selection of beaches and coves, spectacular rugged cliffs and headlands all linked by the South West Coast path.
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.
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FAQ
About 7 Coleridge House, Chillington
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