2-bedroom bungalow · TQ5 0EP
For saleListed 570 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom, freehold holiday bungalow is ready to let or use as a personal holiday home.
It comes fully furnished and equipped and internally comprises of modern fitted kitchen, lounge/dining area, two bedrooms and modern shower room/w.c.
Outside is a southerly facing, enclosed patio enjoying a lovely outlook towards the River Dart with countryside beyond and a numbered parking space at the end of the block.
Galmpton Holiday Park Bungalows is a small and well kept development of 46 privately owned freehold Bungalows which can be holiday let or kept for personal holiday use.
The park is dog friendly and has a lovely nearby walk accessed directly form the park and the patio seating are is also enclosed for safety.
Unlike other holiday parks, they allow 12 month holiday letting occupation and only £60 per month maintenance fees making this a fantastic investment opportunity.
We have been advised that South Hams Council do not class these as second homes, so no additional second home stamp duty is payable.
The village shops and pub/restaurants are within reach and in walking distance. There are many picturesque walks and access to the beautiful River Dart and Greenway Quay.
Broadsands beach and Torbay's coastal footpath are a short drive away.
Kitchen (10' 0'' x 5' 4'' (3.05m x 1.62m)) Range of modern light grey, wall and base cupboards with working surfaces with inset stainless steel sink and drainer.
Built in oven with hob and cooker hood over. Freestanding fridge/freezer. Wood laminate flooring. Open to: Lounge/Dining Room (12' 11'' x 8' 11'' (3.93m x 2.72m)) Double glazed window to front.
Wood laminate flooring continuing through. Furniture included. Inner Hall Bedroom 1 (8' 2'' x 7' 1'' (2.49m x 2.16m) + wardrobe recess) Double glazed window to rear.
Built in double wardrobe with sliding doors. Wood laminate floor. Furniture included. Bedroom 2 (9' 11'' x 6' 4'' (3.02m x 1.93m)) Double glazed window to rear. Double wardrobe with sliding doors.
Wood laminate floor. Furniture included. Shower Room/W.C. Comprising corner shower enclosure with independent electric Mira shower. Close coupled W.C.
Vanity unit with inset washbasin, mirror and shelf over. Tiled walls. Electric heated towel rail.
Outside Southerly facing, enclosed patio seating area to front with a view of the river dart and countryside beyond. Parking space at the end of the block.
Note/Charges The bungalow is freehold and has a 12 month occupancy licence ( for holiday letting only) Permanent residency is not permitted. The site services are run by Galmpton Park Bungalows Ltd.
Of which all bungalow owners are company members.
The current maintenance charge is £60 per month, this includes general grass cutting and communal lighting, site liability insurance and refuse/sewerage collection. Water is inclusive.
Electric is billed separately ( meter at each bungalow )
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 22 Galmpton Holiday Bungalows, Greenway Road, Brixham
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