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See how verdicts work2-bedroom house · EX23 9QY
For saleListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Description 3 The Coombe is a well presented detached holiday lodge conveniently situated close to parking facilities.
The accommodation comprises 2 double bedrooms, light and airy reception rooms, kitchen and shower room with electric shower. A perfect holiday and investment opportunity.
Situation Penstowe Park Holiday Village is situated on the fringe of the self-contained village of Kilkhampton which offers a comprehensive range of everyday amenities including post office, two village stores, butchers, food takeaway outlets, two public houses, places of worship, holiday and health resort and excellent primary school.
The A39 runs through the village providing excellent road access north to the larger towns of Bideford and Barnstaple.
Barnstaple offers modern shopping stores, theatre, hospital, technical college and access via the North Devon link road to the M5.
The coastal town of Bude is located approximately four miles to the south and offers a wide range of shopping, banking as well as a range of leisure pursuits including swimming pool, tennis courts, golf course and sandy beaches.
The site Penstowe Park Holiday Village is set in nearly 30 acres of parkland with the dramatic north Cornish Coast close by and miles of rolling countryside.
Accommodation Conservatory: 12' 1'' x 7' (3.69m x 2.14m) Double glazed conservatory with sliding patio doors giving access to the front, wall light, tiled floor and door to: Kitchen/dining/sitting room Open plan dual aspect room with double glazing sliding patio doors to the front in addition to double glazed window to the rear.
The kitchen area has base level units with work surface over incorporating stainless steel sink/drainer unit and four ring ‘Sterling’ hob with ‘Sterling oven below.
Microwave, fitted fridge, tiled floor part tiled walls, and downlighter, The sitting/dining room area has fitted carpet, night storage radiator, smoke alarm, television point.
Two doors to storage cupboards, doors to bedrooms and further door to: Shower room Walk in shower, built in under sink unit, wash hand basin and low level flush WC.
Two rear aspect double glazed windows, night storage radiator, shaver point and ceiling lights. Bedroom one Front aspect double glazed window, fitted carpet, ceiling light and night storage radiator.
Bedroom two Rear aspect double glazed window, small fitted cupboard, fitted carpet, ceiling light and night storage radiator.
Parking Communal car parks are situated throughout the site with the nearest to the lodge approximately 35 metres away. Services Electricity via pre-paid meter situated within the lodge.
Mains metered water. Drainage supplied by south west water. Economy 7 storage heaters are billed separately to Multistream and charges vary according to usage.
Restriction The property is subject to an eight month holiday restriction.
Service charges & ground rent Ground rent: £2,436.70 per year (reviewed every three years) Service Charge: £935.52 Tenure Leasehold with a 90 year lease from 1979 Council tax band Tbc.
Energy efficiency rating E. Rental guide We are led to believe the lodge could let height of season for approximately £1068.
Directions From Bude proceed on the A39 Atlantic Highway towards Kilkhampton.
Follow this road for just over four miles and take the left hand turning into Penstowe Road just prior to entering the village of Kilkhampton.
Continue on this road through the Holiday Park and just before Penstowe Manor turn left and follow this road to a communal parking area where the Lodges will be found on your right hand side.
Important notice Kivells, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
EPC Rating: E Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 3, The Coombe, Bude, EX23
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