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See how verdicts work2-bedroom property · PL21 0SB
Listing removedListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Present this stunning holiday lodge to the market. Set in this spectacular location is a two bedroom ( one double and one twin) lodge with modern family bathroom.
The open plan living combines a modern kitchen area alongside the bright and airy living and dining area.
INVESTMENT OPPORTUNITY DESCRIPTION The Thatches is hidden away in a tranquil position in the very heart of Devon, situated close to the Georgian town of Modbury and between the south coast and Dartmoor National Park.
This is a fabulous 16 acre luxury family holiday village in Devon with superb indoor and outdoor leisure facilities including sauna and steam rooms, indoor swimming pool and fitness suite.
There is also a cinema and games room. CONNELLS are proud to present this stunning holiday lodge to the market.
Set in this spectacular location is a two bedroom ( one double and one twin) lodge with a modern family bathroom.
The open plan living combines a modern and refurbished kitchen area alongside the bright and airy living and dining area.
The lodge is decorated to a high specification in neutral and modern muted tones.
Outside is a wrap-around decking area, great for relaxing and entertaining and making the most of the countryside and surrounding views.This lodge has an allocated parking space outside the lodge.
This GREAT HOLIDAY may be used by yourselves and also as an INVESTMENT holiday rental Bedroom 1 Twin Room. Carpet. Radiator. Window. Bedroom 2 Double bedroom. Carpet. Radiator. Window.
Ensuite Low level flush wc. Wash hand basin. Shower. Bathroom Low level flush wc.Wash hand basin. Shower over bath. Kitchen Area Gas hob. Electric oven. Cooker hood. Integrated microwave.
Stainless steel sink and drainer.Wall and base units. Worksurfaces. tiled splashback. Washing Machine. Fridge/Freezer. Laminate floor. Lounge/ Dining Area Dining area with table. Feature fire place.
Double patio doors leading to decking. Laminate floor. Decking/Garden Raised deck area. Level garden with mature planting. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 The Thatches Holiday Village, Modbury, Ivybridge
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