£150,000

2 bedroom barn conversion for sale

Colmer Estate, Ivybridge PL21
house house
bedrooms 2 bedrooms
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Property 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 [use Contact Agent Button].


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.
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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.
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First listed

Over a month ago

Energy Performance Certificate

Colmer Estate, Ivybridge PL21

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Hindhead Property - Plymouth 18 Mannamead Road Plymouth, Devon PL4 7AA
Call agent on 01752 948440
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Hindhead Property - Plymouth. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hindhead Property - Plymouth for full details and further information.
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