Colmer Estate, Modbury, Ivybridge

Guide Price
£200,000

2 Bedroom Flat for sale in Modbury

1 2 1
  • Consent for full residential use
  • Fully furnished and being sold as a successful holiday business option
  • Bathroom fully renovated March 2026
  • Hardwood double glazed windows replaced in 2022 with a UPVC lantern roof within the lounge
  • Fully fitted kitchen with dishwasher, washing machine, induction hob, under-counter fridge & freezer
  • Main bedroom with fitted wardrobes
  • Second bedroom twin beds with third pull out bed
  • Hollyhocks offers the perfect retreat for couples, families or groups of up 5 people
  • No onward chain

AT A GLANCE
Hollyhocks is an attractive ground floor two bedroomed apartment situated within the period property Colmer House on the historic Colmer Estate. Hollyhocks has been fully renovated by the current owners who have run it as a proven, high performing holiday let for the last 5 years. Hollyhocks also benefits from having 52 week full residential use with no restrictions.

ACCOMMODATION
The property comprises of open plan living room, dining area and kitchen, main bedroom with double bed, second bedroom with two single beds and a third fold out bed. The family bathroom was fully renovated in March 2026.

OUTSIDE
Hollyhocks benefits from a mature and private L shaped garden with paved patio area perfect for outdoor dining and relaxing after a day at the coast. Swing arbour and lawn secured for pets and children by fencing, mature hedges and a gate. Allocated parking is to the front of Colmer House.

THE ESTATE
Located approx 8 miles from a wide range of beaches, near the pretty towns of Modbury and Kingsbridge and also close to Dartmoor the estate offers an enviable lifestyle and a compelling guest proposition. The excellent on site communal facilities include an all year round heated
indoor pool, a seasonal heated outdoor pool, tennis court, small gym and children's play area, all located within 28 acres of managed natural land comprised of meadows, woodland and a wildlife lake.

Hollyhocks is only one of 20 privately owned holiday homes on the Colmer Estate. Colmer House has been converted into 7 separate dwellings with Hollyhocks having full residential status. When purchasing Hollyhocks you will own a 5% share of the freehold of Colmer Estate.

Services
Mains water and electricity. Immersion heater, modern convection and storage heaters. Private drainage via a Klargester tank

EPC Rating
TBC review and new certificate due on 10/6/26

Council Tax
Business rated, currently £0 with small business rate relief (SBRR)

Tenure
The freehold of the estate (DN175518) is owned by TCEF Limited (20 owner shareholders) TCEF Ltd holds absolute freehold title (i.e. full legal ownership). The freehold includes: Colmer House, Estate buildings,Roads, grounds, woodland, streams and communal areas.

The freehold is subject to long leases granted to each property with each cottage/apartment is held on a 999-year lease from 30 September 1998. Ground rent is Peppercorn (£0)

Authority
South Hams District Council

Service Charge
The annual service charge is currently £5320 per annum (for all estate services the pools areas and grounds maintenance) with an additional payment to the investment funds of £1350 per annum (this includes a capital fund, contingency fund and water treatment fund).

Fixtures and Fittings
All items in the written text of these particulars are included in the sale. All others are expressly excluded regardless of inclusion in any photographs. Purchasers must satisfy themselves that any
equipment included in the sale of the property is in satisfactory order.

Viewing
Strictly by appointment with the sole agents, Marchand Petit, Modbury Office. Tel: 01548 831163

Important Information

  • This is a Share of Freehold property.
  • The annual service charges for this property is £5320

Property Ref: TXN746326

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Marchand Petit (Modbury)

4 Broad Street, Modbury, Devon, PL21 0PS

01548 831 163

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