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See how verdicts work3-bedroom property · PL17 8NQ
For saleReduced £10k (−12.5%) on 18 JulListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented three-bedroom detached holiday lodge, nestled in the heart of the Tamar Valley.
Currently operating as a successful holiday let business, the property also offers fantastic potential as a private family holiday home.
Location - Situated within the popular Honicombe Manor development in the sought-after Tamar Valley Area of Outstanding Natural Beauty (aonb), this lodge benefits from an array of on-site holiday facilities.
These include an on-site pub with a function room, indoor and outdoor swimming pools, tennis courts, children’s play areas, and a gym.
Local amenities include a convenience store with a petrol station, traditional pubs, and a nearby train station offering regular services to and from Plymouth.
Regular bus routes connect the area with Callington and Tavistock, which provide a broader range of shopping and leisure facilities.
The location also offers access to picturesque countryside walks with nearby landmarks such as Cotehele Estate, Kit Hill, and the River Tamar.
Accommodation - This light and spacious lodge features reverse-level living, allowing for elevated countryside views.
The ground floor comprises an entrance hallway, a master bedroom with en-suite bathroom, two further double bedrooms, and a modern shower room.
Upstairs, the first-floor landing opens into a generous open-plan reception/dining room with French doors leading out to the rear terrace. A modern, well-appointed kitchen completes the upper level.
Outside - The terrace and decking area offer a tranquil setting, ideal for al fresco dining, relaxing with family, or enjoying a hot tub.
Communal residents' parking is located to the front of the lodge.
Set within 20 acres of rolling countryside, Honicombe Manor provides a peaceful environment, perfect for both holiday guests and private retreat. Services - Mains electricity, drainage and water.
Lease information - The property is held on lease with approximately 962 years remaining. It is subject to an annual service charge of approximately £3,300.
There is also an optional leisure charge of £1,675 per year, which provides access for you and your guests to the on-site gym and swimming pool facilities.
All information is provided in good faith; prospective purchasers are advised to seek formal verification through their solicitor.. To arrange A viewing please quote BL0650
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Honicombe Park,50 Valley Lodges, Callington
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