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House For Sale £200,000
Penwarne Road, Mawnan Smith, Falmouth TR11


Description
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!

Helford - the property Helford is one of our delightful one-bedroom cottages, perfect for two people or a small family. Set in a row of six contemporary units just behind the original farm's stone courtyard, Helford has a sunny, open living room, modern kitchen and a mezzanine bedroom upstairs. The cottage is complete with all modern amenities to ensure a relaxing and peaceful holiday in the idyllic Cornish countryside. Helford has recently been upgraded to a high standard. Bringing in modern, coastal design elements, Helford is a one bedroom cottage at Tresooth, and offers a wonderful inviting space for all guests.
Helford's living area has a large comfortable sofa, coffee table, TV and dining table. The kitchen is fully equipped and includes a dishwasher, microwave and a washing machine. The shower/bathroom is also on the ground floor. The upstairs bedroom has a king-sized double bed, and guests will enjoy the wonderful large picture window. Guest can also enjoy a sunny front patio complete with small bistro table.

High speed fibre broadband is available in each cottage at Tresooth, as well as in the main courtyard and the swimming pool area

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 tbc

Follow the link for more information:
        
zoopla.co.uk

  
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