Profitable Chagford Holiday Apartments For Sale

Chagford, Devon, UK

Asking Price:: £895,000

Turnover:: £90,000

Net Profit:: Undisclosed

Established freehold holiday letting business in the heart of sought-after Chagford, comprising four beautifully presented self-contained apartments currently generating gross income in the region of £90,000 per annum, with an upward trajectory of profit, Airbnb Superhost status and consistently strong guest reviews.

Gladessville House is a substantial 19th-century period property combining original features with high-quality, interior-designed accommodation. The four apartments comprise a ground-floor one-bedroom apartment with private courtyard, first-floor studio, first-floor two-bedroom apartment and second-floor two-bedroom apartment with south-facing roof terrace. Significant investment and refurbishment have been undertaken in recent years, including replacement of all windows in 2025, solar installation and modern remote-control technology and utility systems.

The established holiday letting operation benefits from proven growth, strong reviews and Airbnb Superhost status. Its mix of apartment sizes provides flexibility for different guest requirements, while two apartments permit pets. Each unit also benefits from a Certificate of Lawful Use, supporting the potential for individual resale subject to the necessary consents. The broker notes that individual disposal could potentially achieve a higher overall selling price given the value of the apartments as separate units.

The property provides considerable flexibility for continued holiday letting, owner occupation, multi-generational living or potential reconfiguration and/or break-up. Further opportunities identified by the broker include enhanced marketing, refined pricing strategies, serviced accommodation, longer-term residential letting and potential conversion of the substantial boarded loft, subject to planning permission.

Furniture is available by separate negotiation. This is a flexible income-producing property in one of Dartmoor's most sought-after market towns, combining an established circa £90,000 gross annual holiday letting income with multiple potential future strategies.

Property Information

Property:: Freehold

Location:

Gladessville House occupies a prime town-centre position in Chagford, one of Dartmoor's sought-after and affluent market towns.

The town has a strong resident community and established tourism economy, with its historic square complemented by independent shops, cafés, pubs and local amenities. Its location within Dartmoor National Park attracts walkers, outdoor enthusiasts and visitors seeking accommodation in the area.

Exeter is approximately 20 miles away, providing access to the M5 motorway and mainline rail connections. Chagford combines this accessibility with a rural Dartmoor setting and limited property supply.

Paid on-street parking is available within the town, with free on-street parking approximately 250 metres from the property.

Premises Details:

Substantial renovated 19th-century freehold period property arranged as four self-contained apartments, retaining features including fireplaces, original timber flooring and period detailing.

Ground Floor – One-Bedroom Apartment:
Accessed through a tiled entrance hall with Art Deco stained-glass panels. The apartment has high ceilings and original wooden flooring, with a large hallway and understairs storage. The sitting room features a decorative cast-iron fireplace. The kitchen has painted cabinetry, solid oak worktops, Belfast sink and integrated dishwasher, fridge/freezer, ceramic hob, extractor and oven, with space for dining and double doors opening onto a private sunny courtyard. The large double bedroom also has a fireplace and courtyard access. The bathroom includes a WC, wash hand basin and overhead shower.

First Floor – Studio Apartment:
Bright dual-aspect bedroom/living accommodation with sash windows overlooking the garden and towards Dartmoor. The fitted kitchen includes modern cabinetry, electric hob, integrated fridge, extractor and plumbing for a washing machine. A spacious bathroom has a large double-ended bath with shower over.

First Floor – Two-Bedroom Apartment:
Open-plan living, kitchen and dining accommodation with decorative cast-iron fireplace. The kitchen includes solid wood worktops, pull-out pantry, fridge/freezer, ceramic hob, oven, extractor and microwave. There are two double bedrooms, one with a cast-iron fireplace, together with a fully enclosed shower. Original wooden flooring is retained throughout.

Second Floor – Two-Bedroom Apartment:
Accessed via an original oak staircase. The apartment has a sitting/dining room with cast-iron fireplace and stained-glass detailing, two double bedrooms, fully tiled bathroom with bath and shower over, and fitted kitchen with electric hob, oven and dishwasher.

Sliding doors from the staircase provide access to a south-facing wooden-decked roof terrace with iron balustrade and views towards Meldon Hill and Dartmoor. The terrace measures approximately 9'11" x 26' (approximately 3m x 8m).

A large fully boarded loft measures approximately 22'10" x 8'10" (6.7m x 2.5m), has lighting and provides substantial storage with potential for conversion subject to planning permission.

Outside, the ground-floor apartment has access from both its bedroom and kitchen to a paved courtyard with space for outdoor furniture. Granite steps lead to the south-facing lawned garden with stocked borders and granite walls, with further steps to a raised terrace enjoying Dartmoor views.

The property benefits from solar installation, a single gas and electricity supply, modern remote-control technology/utility systems and replacement windows installed in 2025.

All four apartments are Council Tax Band A. Two apartments have EPC ratings of C and two are rated D.

Planning Consent:: Each of the four apartments benefits from a Certificate of Lawful Use. Potential conversion of the boarded loft would be subject to planning permission.

Energy Performance Rating:: C

Business Operation

Expansion Potential:: Scope for further optimisation through enhanced marketing and pricing strategies, as well as alternative letting formats including serviced accommodation and longer-term residential letting. Each apartment benefits from a Certificate of Lawful Use, supporting potential individual resale subject to the necessary consents. The large boarded loft also offers potential for conversion subject to planning permission. The property additionally offers flexibility for owner occupation, multi-generational living or potential reconfiguration and/or break-up.