2-bedroom house · PL21 0QN
Listing removedListed 145 days
Opportunity summary
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About
An interesting detached property constructed in 2014, Poundwell Cottage offers a bright and intriguing home located in the heart of Modbury and adjacent to an array of local amenities.
Cleverly designed in a coach house style, the property boasts tasteful accommodation over two floors, a large garage, and a lovely private garden.
Description The property is approached via a gated entrance way which leads alongside the house itself and to the main entrance to the side.
There is a sizeable garage which is fitted with power and light, an electric up & over door and there is a useful utility and storage area at the rear of the garage.
Upon entry into the property an entrance hallway provides access to the ground floor accommodation which includes the first of two double bedrooms which enjoys a pretty outlook over the rear garden.
There is a modern shower room on the ground floor also, comprising walk-in shower, toilet and basin.
Stairs rise to the first floor where the space opens up to a wonderfully bright and beautifully presented open plan kitchen, dining and living space.
At the rear of the property is a spacious sitting area which enjoys patio doors directly onto a balcony which then provides access to the rear garden.
There is a feature wood burner within this space and plenty of room for a range of large furniture.
The kitchen comprises a range of base units with solid wooden worktops, a feature Belfast sink and a breakfast bar.
Integrated appliances include double oven, gas hob, cooker hood, dishwasher, fridge & freezer. Skylights allow for natural light to flood the space, making for a comfortable home.
Adjacent to the kitchen is a second modern shower room which has recently been upgraded with tasteful modern fittings including a walk-in shower, toilet and basin, and is fitted with underfloor heating.
Finally, at the front of the property is the master bedroom, a superbly sized room which enjoys fitted wardrobes and lovely countryside views.
At the rear of the property is a delightful enclosed garden which is surprisingly large in comparison to neighbouring homes.
The garden can be accessed from the side entrance or via metal steps down from the balcony.
Having been nicely landscaped, the garden enjoys mature plants and bushes, an astro-turf area and stone chipped and paved seating area.
There is a wonderful summerhouse located at the very rear of the garden, a truly lovely reading nook or sunny spot to catch the last of the evening sunshine.
Situation Poundwell Cottage enjoys a superbly convenient yet peaceful location in the heart of Modbury and directly adjacent to a vast array of local amenities found along Church Street & Broad Street.
Rated as one of the best places to live in 2024 by Muddy Stilettoes, Modbury is a sought-after large village set amongst the rolling South Hams countryside and provides a wealth of local amenities including a range of local shops, cafes, restaurants and other services.
There are also a number of popular local public houses within Modbury which serve a range of local ales and food, and the village also benefits from health centre and a fully equipped gym.
Regular bus services operate throughout Modbury and provide access into nearby Ivybridge, Kingsbridge, Plymouth and other locations across the South Hams.
Modbury boasts its own well rated pre-school and primary school and the nearest secondary school is Ivybridge Community College.
The two local private independent schools, Stover and Blundell’s both have a pick up point just 3 miles away at California Cross.
Services & outgoings We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: South Hams District Council - Band D Directions What3words:///galloping.figs.climber Additional information Broadband: Superfast broadband is available-highest available download speed 80 Mbps, highest available upload speed 20 Mbps.
(Ofcom). Mobile Coverage: Available via EE, O2, three and vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
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 Poundwell Cottage,, Church Lane, Ivybridge
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