The Asset
Two Coves is a substantial residential estate located in Duporth, near St Austell, Cornwall. The development comprises:
315 residential properties across freehold, leasehold, and affordable housing
Approximately 6.2 hectares of managed land
Extensive woodland areas with mature and specimen trees
Public Open Spaces (POS)
A private beach with controlled access
Play areas and landscaped communal spaces
Hard-landscaped shared access routes
Two privately owned chalets
The estate presents a complex management profile, combining environmental stewardship, public interface areas, private amenities, and long-term maintenance obligations.
The Brief
The estate required a managing agent able to:
Take over from a developer-led handover model and establish robust long-term governance
Introduce transparent estate charge budgeting and financial planning
Manage sensitive woodland and coastal assets responsibly
Ensure compliance with planning obligations and estate covenants
Provide confidence to directors, residents, and future stakeholders
Following our appointment, Modbury Estates was subsequently engaged by Acorn Property Group to provide both estate and block management services for The Courtyard, a development within the wider estate. This instruction followed strong performance and positive feedback during the initial estate management phase.
Modbury Estates’ Approach
Our role covers the full scope of estate management, delivered through a structured, developer-aware framework.
Financial & Long-Term Planning
Implementation of clear, transparent estate charge budgets
Forward-looking financial roadmaps covering 1-year, 5-year, and 10-year horizons
Alignment of maintenance strategy with long-term affordability and sustainability
Governance, Legal & Compliance Oversight
Oversight of estate regulations, covenants, and management company obligations
Ongoing compliance monitoring aligned with statutory and planning requirements
Support to directors to ensure decision-making is properly documented and defensible
Planned & Reactive Maintenance
Structured contractor management for day-to-day estate maintenance
Oversight of larger infrastructure and environmental works
Proactive identification of risks to avoid reactive, cost-driven intervention
Health, Safety & Risk Management
Regular estate inspections and risk assessments
Oversight of health and safety documentation and compliance records
Proportionate, auditable processes suitable for large residential estates
Stakeholder & Resident Communication
Improved clarity and frequency of communications to residents and directors
Structured engagement to support informed decision-making
Reduction in friction through consistent, professional estate management processes
Key Intervention: Woodland & Environmental Asset Management
A defining feature of the estate is its extensive woodland and natural environment.
Prior to Modbury Estates’ appointment, there was no structured woodland management strategy in place. Working closely with specialist grounds maintenance contractors and the estate directors, we developed and implemented a five-year rolling woodland management plan, including:
Segmentation of woodland areas for phased restoration
Clearance and reinstatement of pathways to improve accessibility and safety
Removal of invasive species and controlled natural regeneration
Replanting of native tree species to support biodiversity and long-term resilience
This approach balances environmental responsibility with financial realism, ensuring the estate’s natural assets are maintained without creating unsustainable future liabilities.
Outcomes & Impact
Since appointment, Modbury Estates has delivered measurable improvements, including:
Clearer governance and improved confidence for directors and stakeholders
More consistent contractor performance and reduced response times
Transparent financial planning supporting long-term estate sustainability
A structured approach to managing sensitive environmental assets
Improved communication and reduced friction across the estate
The result is an estate that is stable, well-governed, and positioned for long-term success, meeting both resident expectations and developer intent.
