2 Bed Barn Conversion For Sale

Modbury

PL21 0SG

£150,000

Added 03 Feb 2025

Property Details

Property Type

Barn Conversion

Bedrooms

2

Location

PL21

Description

STUNNING COUNTRYSIDE RETREAT OR HOLIDAY LET Charming Holiday Cottage in Rural South Devon with Income Potential
Set within a stunning 28-acre countryside estate, this beautifully converted stone cottage offers a rare opportunity to own a holiday home with access to exceptional shared leisure facilities. Located just a short drive from some of South Devon's most iconic beaches, this property is ideal for investors, second-home buyers or those seeking a peaceful escape with the potential to earn a strong rental income.

The cottage benefits from access to an indoor and outdoor swimming pool, tennis courts, an indoor games room, a fishing lake, and expansive green spaces. Inside, the property has been thoughtfully finished and features eco-conscious heating via an air source heat pump.

With an estimated gross income of £31,500 per annum based on seasonal letting (30 weeks at £150 per night), and an estimated net return of £24,555 after fees and service charges, this property presents an attractive yield for those considering Airbnb or holiday let use.

Owners are permitted to use the property for up to 11 months per calendar year, in line with holiday occupancy conditions.

The EPC is currently rated D, with the potential to improve to C with upgrades.

Estimated Net Yield Examples
- At £150,000: approx. 16.37%
- At £160,000: approx. 15.35%
- At £170,000: approx. 14.44%
 

Viewings We anticipate high demand for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please call .
 

ACCOMADATION Reference made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves. 

FLOOR PLAN The floor plans are set out as a guideline only and should not be relied upon as a representation of fact. They are intended for information purposes only and are not to scale. Copyright Hindhead Property Limited 2023. 

STAMP DUTY LAND TAX or Land and Buildings Transaction Tax may also apply in some circumstances.
For more info please visit:



SERVICES Mains gas, electricity, water and drainage.  

CONDITIONAL ONLINE AUCTION This property is on offer via our Conditional Online Auction. To peruse the legal pack, head over to the Hindhead Property website. Simply click on the Auction Tab, then onto the Live Auctions menu button.

Remember, the clock is ticking! The closing day of our Conditional Online Auction. Bidding ends on Tuesday 30th September 2025 at 2:00 pm.

Location

Map showing PL21 0SG

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Hindhead directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Hindhead

Mortgage Advice

Get move ready. Fee-Free mortgage advice to help you secure your dream home

Compare rates from leading UK lenders

Expert guidance throughout the process

No obligation, completely free service

Fee-Free Mortgage Advice
Powered by homemove.com

Check broadband on this home

See the speeds and deals available for PL21 0SG