Colmer Estate, Ivybridge PL21 2 bed barn conversion for sale

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Colmer Estate, Ivybridge PL21 2 bed barn conversion for sale

Colmer Estate, Ivybridge PL21
£160,000

Price History

Initial price £196,000
02/08/25 £150,000
15/10/25 £160,000
Price Change -18.37%

Description

This stunning two-bedroom stone cottage is nestled within a 28-acre countryside estate in rural South Devon, offering a rare opportunity for a peaceful retreat or high-yielding holiday let investment. The property combines rustic charm with modern comfort, featuring a welcoming lounge/dining area with a focal fireplace, a well-equipped kitchen, and two well-proportioned bedrooms with scenic views. The estate offers outstanding on-site leisure facilities, including indoor and outdoor swimming pools, tennis courts, and walking areas rich in wildlife. With an estimated gross annual income of £31,500 and a projected net return of approximately £24,555, this cottage presents exceptional investment potential, offering a strong yield at the asking price of £160,000. The property is available for personal use for up to 11 months per year, making it an attractive option for those seeking a holiday home or investment opportunity.