House For Sale £285,000
Property complex The Tresooth Cottage complex comprises of 16 properties ranging from one bed to four bed units with on-site facilities including a communal swimming pool, sauna and hot tub.
Eight of the cottages are conversions of the original dairy barns, set around a mature garden courtyard and built of Cornish stone. Each is different with its own unique character and comes with a private terrace. To the rear of the courtyard, there is a terrace of more modern, contemporary one bedroom cottages, all two storey with galleried bedrooms.
With tasteful interior design, each property is being upgraded and refurbished plus, where relevant, redesigned to maximise living spaces. Additions, such as log burners, additional terraces and private hot tubs will be included in some of the properties. These improvements will not only increase the rental income but will add value to the individual properties.
A substantial amount of investment is also being made to enhance the communal areas and services by upgrading the children's play area, sauna and heated outdoor swimming pool area as well as the addition of new communal hot tubs.
The location Tresooth Cottages are situated just under 2 miles from the village of Mawnan Smith and 4 miles from the vibrant harbour town of Falmouth with its host of shops award winning pubs, restaurants and other attractions. Falmouth is also home to some of the most stunning coastline and beaches including Maenporth, Gyllyngvase and Swanpool amongst others. Falmouth is an undoubted property hot-spot and continues to rank among Cornwall's most sought-after holiday destinations.
There are numerous places to visit locally. From beautiful tropical gardens, hideaway coves and stunning coastal walks to a number of outstanding beaches (many of which are dog friendly). There are also plentiful local attractions such as castles, theatres, theme parks and golf courses. And not forgetting, for the gastronomes, the numerous award winning bars and restaurants!.
Cornwall does truly offer a complete 'alternative' lifestyle and is renowned for some of the best surfing, sailing and other watersports in the country. With all the attractions and activities available on the doorstep, there is an endless list of things to do!
Penpoll - the property Penpoll Cottage is a delightful two bedroom cottage situated just outside Tresooth's main courtyard and set over two floors. The building is semi-detached with Porthallow, another two bedroom cottage to the left. Penpoll has recently been remodelled to an excellent standard. With thoughtful modern design elements, the new updated Penpoll is a relaxing inviting space. Upgrades include the kitchen and both bathrooms, flooring, appliances, paint, furniture and fixtures. We are excited to offer a new and improved Penpoll.
Penpoll has an open plan living and kitchen area downstairs, and two bedrooms upstairs. The master bedroom has a double bed and an en suite shower room, with Velux ceiling window bringing in lots of natural light. The second bedroom with twin beds, which can be set up as a double, and also enjoys its own en suite shower room.
Reasons to invest/buy The cottages are offered with several options for our buyers, from unlimited personal use to a fixed 7%* per annum net income for the first 3 years.
From and investment viewpoint, the cottages are competitively priced compared to local comparable properties and are already generating notable yields prior to any upgrading. However, they are offered with the reassurance of a fixed, 7%* net income with three weeks' owners use per annum, payable quarterly and starting even during closure for renovation.
Although much of the holiday rental market is focused on the main summer season only, Cornwall has a year-round appeal with potential bookings every month.
Cornwall has emerged as one of the world's iconic holiday destinations. Boasting dramatic coastline in the North and sheltered bays in the South, ancient, rugged moorland and soft river estuaries. Cornwall is a paradise for surfers, walkers, sailing buffs and foodies as well as visitors simply seeking a break from a hectic life.
• Opportunity to invest in Cornwall, one of the strongest property markets in the UK
• A lifestyle asset that you can enjoy yourself whilst benefitting from an income return
• Competitively priced leaving scope for continued capital growth
• All units maintained throughout the year giving hassle free, fully manage rental service
• Established and operational holiday rental property with strong repeat bookings
• Mortgageable property and flexible to suit holiday-home owners, investors or both
• Option to receive a fixed 7%* return before refurbishment is completed
* on the basis of cash purchase only
tenure Leasehold 999 -year lease. Managing agent Tresooth Cottages Ltd. Maintenance charges currently £3,000 per annum
Eight of the cottages are conversions of the original dairy barns, set around a mature garden courtyard and built of Cornish stone. Each is different with its own unique character and comes with a private terrace. To the rear of the courtyard, there is a terrace of more modern, contemporary one bedroom cottages, all two storey with galleried bedrooms.
With tasteful interior design, each property is being upgraded and refurbished plus, where relevant, redesigned to maximise living spaces. Additions, such as log burners, additional terraces and private hot tubs will be included in some of the properties. These improvements will not only increase the rental income but will add value to the individual properties.
A substantial amount of investment is also being made to enhance the communal areas and services by upgrading the children's play area, sauna and heated outdoor swimming pool area as well as the addition of new communal hot tubs.
The location Tresooth Cottages are situated just under 2 miles from the village of Mawnan Smith and 4 miles from the vibrant harbour town of Falmouth with its host of shops award winning pubs, restaurants and other attractions. Falmouth is also home to some of the most stunning coastline and beaches including Maenporth, Gyllyngvase and Swanpool amongst others. Falmouth is an undoubted property hot-spot and continues to rank among Cornwall's most sought-after holiday destinations.
There are numerous places to visit locally. From beautiful tropical gardens, hideaway coves and stunning coastal walks to a number of outstanding beaches (many of which are dog friendly). There are also plentiful local attractions such as castles, theatres, theme parks and golf courses. And not forgetting, for the gastronomes, the numerous award winning bars and restaurants!.
Cornwall does truly offer a complete 'alternative' lifestyle and is renowned for some of the best surfing, sailing and other watersports in the country. With all the attractions and activities available on the doorstep, there is an endless list of things to do!
Penpoll - the property Penpoll Cottage is a delightful two bedroom cottage situated just outside Tresooth's main courtyard and set over two floors. The building is semi-detached with Porthallow, another two bedroom cottage to the left. Penpoll has recently been remodelled to an excellent standard. With thoughtful modern design elements, the new updated Penpoll is a relaxing inviting space. Upgrades include the kitchen and both bathrooms, flooring, appliances, paint, furniture and fixtures. We are excited to offer a new and improved Penpoll.
Penpoll has an open plan living and kitchen area downstairs, and two bedrooms upstairs. The master bedroom has a double bed and an en suite shower room, with Velux ceiling window bringing in lots of natural light. The second bedroom with twin beds, which can be set up as a double, and also enjoys its own en suite shower room.
Reasons to invest/buy The cottages are offered with several options for our buyers, from unlimited personal use to a fixed 7%* per annum net income for the first 3 years.
From and investment viewpoint, the cottages are competitively priced compared to local comparable properties and are already generating notable yields prior to any upgrading. However, they are offered with the reassurance of a fixed, 7%* net income with three weeks' owners use per annum, payable quarterly and starting even during closure for renovation.
Although much of the holiday rental market is focused on the main summer season only, Cornwall has a year-round appeal with potential bookings every month.
Cornwall has emerged as one of the world's iconic holiday destinations. Boasting dramatic coastline in the North and sheltered bays in the South, ancient, rugged moorland and soft river estuaries. Cornwall is a paradise for surfers, walkers, sailing buffs and foodies as well as visitors simply seeking a break from a hectic life.
• Opportunity to invest in Cornwall, one of the strongest property markets in the UK
• A lifestyle asset that you can enjoy yourself whilst benefitting from an income return
• Competitively priced leaving scope for continued capital growth
• All units maintained throughout the year giving hassle free, fully manage rental service
• Established and operational holiday rental property with strong repeat bookings
• Mortgageable property and flexible to suit holiday-home owners, investors or both
• Option to receive a fixed 7%* return before refurbishment is completed
* on the basis of cash purchase only
tenure Leasehold 999 -year lease. Managing agent Tresooth Cottages Ltd. Maintenance charges currently £3,000 per annum
