1-bedroom house · TQ12 5PP
For saleReduced £30k (−12%) on 1 OctListed 135 days
Opportunity summary
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About
Summary Offered with no onward chain, this elegant retirement apartment forms part of an impressive historic conversion in the heart of Abbotskerswell.
Combining character architecture with modern comforts, the property enjoys spacious accommodation, access to attractive communal gardens.
Description Offered to the market with no onward chain, The Priory is an elegant and unique retirement property set within a striking period conversion in the sought-after village of Abbotskerswell.
Occupying an enviable position within this historic building, the apartment effortlessly blends character and contemporary living.
The property is entered via a welcoming hall which leads to a generous double bedroom featuring fitted storage and a modern en-suite shower room.
The spacious accommodation extends to approximately 894 sq. Ft., providing a comfortable and practical layout designed specifically for retirement living.
On the first floor, the impressive lounge/dining room is undoubtedly the heart of the home.
Boasting exceptional ceiling height and magnificent Gothic-style leaded windows, the room is flooded with natural light whilst retaining a wonderful sense of character and grandeur.
Bespoke built-in storage further enhances the space, making it ideal for both relaxing and entertaining.
The modern fitted kitchen has been thoughtfully designed with an excellent range of units, integrated appliances and ample worktop space, creating a practical and attractive environment for everyday use.
Residents benefit from beautifully maintained communal gardens surrounding the building, offering peaceful seating areas and breathtaking views across the rolling Devon countryside.
The historic architecture of The Priory provides a truly special setting. Additional Info The Priory started life as Abbotsleigh House, built during 1847.
It took its name from "The Abbots Land", the land having belonged to the Abbot of Sherborne.
The house and land was then purchased by the Catholic Church in 1860 and became the centre around which the new Priory of St Augustine was built.
Joseph Hanson (famously known for his interest in Hanson cabs), prepared the plans to create buildings to accommodate 50 nuns. These plans are still available for inspection at the Priory.
The Priory offers its guest a large arrange of amenities, to include: Heated, indoor swimming pool Garden Room Library Laundry Guest flat for residents to book for family and friends Large, maintained grounds including a croquet lawn and mini golf Garden Club - can apply to have a greenhouse and garden wedge/allotment Pets welcome Music evenings Regular coffee mornings Saturday evening drinks gatherings in The Forum Yoga and Tai Chi classes Quizzes and art classes Mobile hairdresser Film nights Minibus trips to Newton Abbot and other destinations eg Dartington Hot lunches in The Forum on Tuesdays, Thursdays and Sundays - there is a chef at The Priory Fish and Chip Fridays 24/7 onsite security and emergency contact number Office support, 7 days a week Maintenance, gardening and cleaning staff Front Of The Property Arched shaped door into communal reception hall, with mullion stained glass window.
An ornate staircase leads up to the apartment. Entrance Hallway Spacious entrance hallway, window, wall mounted electric heater and stairs to the living area.
Bedroom 13' 3" x 11' 7" ( 4.04m x 3.53m ) Window, built in wardrobes with ample storage, wall mounted electric heater and door to the ensuite.
Ensuite Shower, vanity wash hand basin with storage beneath, WC, loft hatch and a wall mounted heated towel rail.
Lounge/Diner 19' 2" x 11' 5" ( 5.84m x 3.48m ) Two windows with a fantastic countryside outlook, wall storage, two alcoves with fitted shelves, stairs down to the bedrooms, and two wall mounted electric heaters.
Kitchen 10' x 9' ( 3.05m x 2.74m ) Window with countryside views, wall and base units, one and a half bowl stainless steel sink/drainer, electric hob with extractor over, oven, integrated fridge/freezer, integrated dishwasher.
Upper Hallway Storage cupboard and additional door. Cloakroom Wash hand basin, WC, part tiled and a wall mounted heated towel rail.
Communal Gardens Residents have access to the approx five acre surroundings, including woodlands and a meadow with an orchard.
The Priory is set within a tranquil and peaceful setting, enjoying stunning far reaching views.
Agents Note Annual Service Charge: Tbc Structural Contribution: Tbc Remaining Lease - 299 years from 25 December 1986 (259 years remaining) The property is age restricted and purchasers must be aged 60 or older.
Owners of a Retirement Villages Lease are required to pay an assignment fee on re-sale of the property which is 10% of the re-sale price of the property when it is re-sold depending on the terms of the lease.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 2, The Priory, Priory Road, Newton Abbot
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