2-bedroom flat · EX22 6ET
Listing removedListed 117 days
Opportunity summary
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About
An opportunity to acquire a well-presented two-bedroom ground floor apartment, conveniently situated within walking distance of the amenities of Holsworthy.
The accommodation features a spacious open-plan kitchen, dining and living area, two bedrooms including a principal bedroom with en-suite facilities, and a family bathroom.
Outside, the property benefits from an enclosed rear garden together with access to a communal parking area.
The property is ideally positioned for easy access to Launceston, the A30 and the stunning North Cornish coastline.
3 The Mowhay would make an ideal first-time purchase, investment opportunity or lock-up-and-leave home. Available with the distinct advantage of no onward chain.
Located in the thriving market town of Holsworthy, residents benefit from a weekly Pannier Market, an excellent selection of both national and independent local shops, and a convenient Waitrose & Partners supermarket.
The town offers a wide range of amenities, including a heated swimming pool, sports hall, bowling green, cricket club, and an 18-hole golf course.
The popular coastal town of Bude on the North Cornish coast is approximately 9 miles away.
The market towns of Okehampton and Bideford, together with Dartmoor National Park, are around 20 miles distant, while Barnstaple, the regional centre of North Devon, lies approximately 30 miles away.
Launceston, Cornwall's historic former county town, is about 14 miles from Holsworthy.
Holsworthy sits at the heart of the renowned Ruby Country, an area named after the famous local Red Ruby Devon cattle and celebrated for its unspoilt countryside and rural heritage.
Directions From the centre of Holsworthy, proceed along Fore Street in the direction of Launceston and turn right into Bodmin Street.
Take the next right-hand turning into Croft Road and continue for approximately 200 yards before turning right, signposted The Mowhay.
Number 3 will be found a short distance along on the left-hand side, clearly identified by a Bond Oxborough Phillips For Sale board.
Entrance Hall (14' 9" x 3' 5") Kitchen/Diner/Living Room (23' 1" x 9' 11") Bedroom 1 (11' 4" x 9' 0") Ensuiter Shower Room (7' 10" x 5' 4") Bedroom 2 (10' 0" x 7' 6") Main Bathroom (7' 6" x 5' 6") Services Mains water, electric and drainage.
EPC Rating EPC rating D (68), with the potential to be C (80). Valid until June 2032.
Council Tax Banding The council tax band for the property is currently a 'A' (please note this may be subject to re-assessment).
Agents Note Before any sale is formally agreed, we have a legal obligation under the Money Laundering regulations and Terrorist Financing Act 2017 to obtain proof of your identity and of your address, take copies and retain on file for five years and will only be used for this purpose.
We carry out this through a secure platform to protect your data.
Each purchaser will be required to pay £20 upon an offer verbally being agreed to carry out these checks prior to the property being advertised as sale agreed.
Lease Information 125 years granted from 1st of Jan 2007,105 years remaining. Lease end date 01 Jan 2132.
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.
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FAQ
About 3, The Mowhay, Devon
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