2-bedroom property · TQ5 9EQ
Sold STCListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pegg Estates are delighted to bring to the market Loxley's Devon Lodge, a beautifully appointed two-bedroom lodge, set in a prime position with uninterrupted, breathtaking sea views over the magnificent Devon coastline.
This contemporary, non-smoking, spacious property offers the perfect blend of luxury, comfort, and practicality-ideal for those seeking a stylish holiday home, a lucrative investment, or a family getaway.
Offered chain-free, with no site fees to pay until 2027. Step inside to discover a bright, open-plan living, kitchen, and dining area, designed to maximise the stunning outlook and natural light.
The kitchen is fully equipped with high-end appliances, including a Nespresso Vertuo coffee machine, American-style fridge freezer, induction hob, washing machine and dishwasher, making entertaining a breeze.
The living space flows seamlessly onto a private decked terrace-perfect for relaxing, dining alfresco, or simply soaking up the coastal scenery.
The property offers two generous double bedrooms that feature walk-in wardrobes and 'zip & link' orthopaedic beds that can be configured as super king or twin singles, ensuring flexibility and comfort for all guests.
The master bedroom boasts an en-suite shower room, while a modern family bathroom serves the second bedroom and visitors.
Guests appreciate the Superfast Wi-Fi, USB charging points, and dedicated parking too.
Residents enjoy access to The Bay, which features a pool, a gym, a bar and also access to Landscove Holiday Park's nearby facilities, including indoor and outdoor pools, a family bar, restaurant, entertainment venue, arcade, and mini mart shop.
Tenure: Leasehold Outside The lodge is situated in a premier position with uninterrupted stunning sea views. Step onto a composite decked veranda.
Enter the Lodge via a UPVC double-glazed front door into the open plan living area. Access As you enter the property there is a cupboard housing the 'Baxi' boiler. Internet point.
Cloaks and storage cupboard. Kitchen/Diner/Lounge 19.08ft x 19.42ft A lovely open-plan style living space with 3 areas: Kitchen / Dining / Living Room.
Kitchen area: Integrated double oven and grill. Integrated microwave. Belling 4-ring induction hob with extractor fan above. Ample wall and base units with worktop over. Stainless-steel sink/drainer.
Double-glazed window to the side aspect. Integrated washing machine. Free-standing dishwasher. Large 'American-style' fridge/freezer. The Dining area has space for family sized dining furniture.
The generous Lounge area has plenty of space for living room furniture, Sofas and chairs and additional furniture such as drawers, cabinets, etc. There is a wall-mounted 'living flame' effect fire.
TV point (the TV is wall-mounted above the fireplace). Sliding patio doors open onto the lovely decked veranda, where there is space for outdoor furniture.
As a business opportunity, these items can be negotiated. Hall The hallway has carpet flooring; wall-mounted radiator. Doors to Bedroom 1, Bedroom 2 and the Bathroom.
Bathroom The Bathroom has a 3 piece suite comprising: Low-level WC; Vanity wash-basin with storage under; panel-enclosed bath with shower over.
There is an obscure double-glazed window to the side aspect; single radiator and extractor fan. Bedroom 2 Carpet flooring. Large uPVC double-glazed window to the side aspect. Double radiator.
Ample combined electric/USB sockets. Walk-in wardrobe. Master bedroom Carpet flooring. Large uPVC double-glazed window to the side aspect. Double radiator. Ample combined electric/USB sockets.
Walk-in wardrobes fitted with hanging rail, and storage cupboards. En-suite Laminate flooring. 3-piece suite comprising: Low-level WC. Vanity sink with storage under. Corner shower cubicle.
Obscured double-glazed window to the side aspect. Wall-mounted radiator. Extractor fan.
Leasehold Information £8,866PA service charge CAN HOLIDAY LET PARK IS CLOSED FOR TWO WEEKS EVERY FEBRUARY (2nd weekend) 17 Years Left On The Plot
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About Loxleys Devon Lodge, Brixham
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