2-bedroom flat · TQ12 4SJ
Listing removedReduced £35k (−41.2%) on 20 JulListed 165 days
Opportunity summary
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About
Set within the beautiful lush green valley of Haccombe sits Haccombe House; a large Grade 2 listed Georgian Manor house divided into 27 individual apartments in the 1980’s with mature and well-kept gardens for residents’ use.
Although enjoying its wonderful rural setting, the property is just 1.6 miles from the lovely village of Coombeinteignhead with is popular inn and village hall.
The famous Coombe Cellars in perched on the banks of the river Teign and from where a selection of water sports can be enjoyed is around 2 miles from the property.
The clock tower in the centre of the well served market town of Newton Abbot with is wide selection of shops, businesses, schools bars and restaurants is around 3.5 miles drive.
For the commuter Newton Abbot’s mainline railway station is around 2.9 miles drive and access to the A380 South Devon Link Road is around 2.3 miles away.
Accommodation Stepping inside, this particular apartment features a recently installed energy-efficient hot water system, is located on the ground floor and is accessed through its large period style front door from the grand main reception hallway into its own private hallway.
Once inside the self-contained apartment has both entrance and inner hallways with a selection of fitted storage cupboards.
The impressive living room has two tall windows overlooking the communal grounds at the front and a decorative fireplace surround.
Steps then lead up to the main bedroom which is presented on a mezzanine level and has one wall finished with fitted wardrobes. There is a second bedroom off the hallway.
The kitchen has a selection of fitted cupboards and roll top worksurfaces as well as a door to the outside.
Completing the picture is a well-appointed bathroom with 4-piece suite including a bath and separate shower cabinet. Gardens Beautiful communal gardens mainly laid to lawn with picnic area.
The apartment also has use of a small, paved patio area outside the kitchen. Parking The property has an allocated parking space in front of the main house.
The development also has guest parking at the end of the communal lawn which again is to the front of the building.
Agent's Notes Council Tax: Currently Band B Tenure: Leasehold Lease: 999 years from 1982 Ground Rent: Currently £50 per annum Service Charge: Currently approximately £230pcm Review Period: Annually There are some quite large future expenditures planned which will mean substantially higher maintenance charges.
These figures are unquantifiable. The managing agents, FirstPort, may be able to supply current information as this is an ongoing situation. Mains water. Private drainage. Mains electricity.
This property is Grade II Listed.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 11, Haccombe House, Newton Abbot
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