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The day-to-day management of Flete House is undertaken by Plymouth Block Management (PBM), with Audley providing strategic oversight of the estate. Services and amenities are funded collectively by apartment owners through the service charge, and owners are regularly consulted on estate matters and the level of services provided. 

Audley does not own the freehold of the estate but holds a head leasehold interest from the Flete Estate. Apartments are held on 125 year under leases.

To find out more about buying a leasehold property at Flete House, please contact the team at Luscombe Maye who act for Audley and some of the apartment vendors.

All sales enquiries for Audley apartments are handled by Luscombe Maye. Vendors are free to appoint other agents. Please contact them via a web form or email modbury@luscombemaye.com to arrange a viewing. Alternatively, call the Luscombe Maye team on 01548 830831.

Flete House is a unique Grade I listed country house set within 12 acres of landscaped grounds near Modbury in Devon. Unlike other Audley Villages, Flete House operates under a service charge model where the costs of the services are shared between the apartment owners.

On site facilities and services include:

• Dining room
• Drawing room
• Library
• Billiard room with full-sized table
• Tennis court
• Croquet lawn
• Night staff - Flete House benefits from a 24-hour staff presence on site
• 12 acres of stunning landscaped grounds including a water garden and Italianate garden
• Residents and visitors parking
• Guest suite for family and friends
• A programme of events organised by the Flete House owners which currently include dinners, talks, gardening club, yoga, pub night, trips to local attractions and a croquet competition
• Flexible care packages are available through third parties at an additional cost

The management of Flete House is fundamentally different to Audley Villages, as set out above.

There is no swimming pool, gym, spa, restaurant, bar, or on site wellness services at Flete House, which you can typically expect from any Audley village.

As Flete House is managed by PBM, all staff are employed by PBM and not Audley.

The service charge is set annually based on a budget. This is presented and discussed with apartment owners prior to the start of the new year.

On the resale of an apartment, a Reserve Fund Contribution and Sales Administration Fee are payable by the vendor.

The Reserve Fund Contribution escalates on an annual basis but is capped at 5% of the sale price. These monies are kept in a separate account and contribute to the long term maintenance of Flete House. This helps keep the Service Charge lower.

The Sales Administration Fee is 5% of the sale price and is payable to Audley for overseeing the administration of Flete House. This is the only fee that Audley receives for overseeing the management of Flete House. We have agreed that following the appointment of Plymouth Block only 2% will be payable to Audley and the remaining 3% will be invested in Flete House which could be a further contribution to the Reserve Fund or for marketing expenditure.

Apartment purchasers must take independent legal advice on the lease and associated charges.