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See how verdicts work3-bedroom property · PL17 8NQ
For saleReduced £10k (−12.5%) on 27 OctListed 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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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.
Area
Agent & docs
FAQ
About Valley Lodges, Honicombe Park, Callington, PL17
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