3-bedroom property · TQ13 0EJ
For saleReduced £10k (−12.5%) on 2 SepListed 401 days
Opportunity summary
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About
Summary Situated on the popular Resort of Finlake, we present this stunning three bedroom twin lodge with a hot tub, being sold fully furnished. The lodge offers parking and access to site facilities.
Description Stepping into the open-plan living area with it’s relaxed neutral tones, it is immediately clear that this luxury lodge simply oozes style and practicality.
Kick off your walking shoes, and collapse into one of the two large comfy sofas, and allow your troubles to simply fade away.
Gather with family around the dining table to chat about your plans for the next day as you prepare your evening meal.
And on warmer evenings, after an afternoon spend laughing together, you can throw open your french doors to soak in the afternoon rays, as you enjoy a sip of your favourite drink on your decking, or maybe soak away aching muscles in your very own hot tub.
Unlike many holiday ownership models-where your time is limited by usage caps, seasonal restrictions, or tightly controlled booking windows-this lodge offers true freedom.
You're not constrained by how often or when you can escape. Whether it's spontaneous weekends, extended stays, or simply popping down whenever life allows, your lodge is yours to enjoy on your terms.
It's a level of flexibility that goes far beyond the typical resort-style offers, giving you a genuine home-from-home rather than a time-restricted getaway.
Front Of The Property Parking to the front with steps leading up to the main decking area and entrance into the home.
Entrance Hallway Fitted storage to the right hand side as you walk in providing ample storage for coats and shoes.
Lounge/Diner 20' 6" x 18' 8" ( 6.25m x 5.69m ) Double glazed windows to the front and side, feature fireplace, space for dining table, two wall mounted radiators and patio doors to the front decking area and access to the hot tub.
Kitchen 8' 6" x 8' 4" ( 2.59m x 2.54m ) Double glazed window to the side, wall and base units, one bowl stainless steel sink/drainer.
Gas hob with extractor over, oven, integrated dishwasher, integrated undercounter fridge/freezer, wine cooler and integrated washer/dryer. Inner Hallway Storage cupboard and a wall mounted radiator.
Bedroom One 9' 1" x 11' 4" ( 2.77m x 3.45m ) Double glazed window to the side of the property, fitted wardrobes, fitted dressing table with drawers either side and a wall mounted radiator.
Bedroom Two 9' 8" x 9' 1" ( 2.95m x 2.77m ) Double glazed window to the side of the property, fitted wardrobe, fitted drawers and a wall mounted radiator.
Bedroom Three 10' 1" x 9' 1" ( 3.07m x 2.77m ) Double glazed window to the side of the property, fitted wardrobe, fitted drawers and a wall mounted radiator.
Bathroom Obscure double glazed window to the side of the property, bath with shower over and folding glass screen, WC, wash hand basin, part tiled and a wall mounted radiator.
Outside Decking to the front and side with an inset hot tub. This area provides a wonderful space to relax and enjoy the beautiful far reaching countryside views.
About Finlake Resort Finlake is a "Multi Award Winning" resort set within 130 acres of woodland in rolling Devon countryside.
The on-site facilities are excellent including a recent £6 million Swimming & Gym facility. There is also an outdoor pool together with a Sauna & Spa.
There are 3 restaurants/cafes on site plus a superbly laid out and well-stocked shop.
There are tennis courts, a children's play area plus numerous other facilities including walking trails, biking trails, and horse riding.
Agent Notes Lease: 15 years remaining Pitch fees - £9,550 per annum (next due 1st March 2026) Insurance - £379.23 per annum (next due October 2026) General Rates - £695.72 per annum (next due July 2026) Water and Sewage - £374.40 per annum (next due July 2026) Refuse, Environmental and Admin - £293.57 per annum (next due July 2026) We currently hold lease details as displayed above, should you require 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About 61, The Fairways, Newton Abbot
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