3 bed (for sale) Apartment 109, St Moritz, The Greenaway, Trebetherick PL27

£695,000
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John Bray and Partners
Pavilion Building, Rock
01208 245958
First Published

12th Oct 2018

Last Published

25th Oct 2018

 

Features

  • Type:
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

• A rare opportunity to acquire an exciting investment opportunity with all the benefits of holiday use
• Within walking distance of Polzeath, Daymer Bay and the Greenaway.
• Part of the acclaimed St Moritz Hotel
• Available for owner use 8 weeks per annum.
• Fully equipped and furnished holiday apartment ready for use
• In all approximately 1450 .


Overview


Apartment 109 is a versatile Hotel Investment Apartment providing a flexible and innovative way of enjoying the advantages of this high-class development. As an owner you can benefit from 8 weeks personal use each year and for the remainder the apartment is let by the St Moritz Hotel; 40% of the income receivable to you the owner. Located on the first floor, the property comprises three luxury bedrooms with ensuite shower/bathrooms and an open plan living area including kitchen, dining and lounge. The property has been executed to exacting standards and includes top quality specifications and furnishing throughout.


Location


Trebetherick is considered one of the most attractive areas in Cornwall, being famous for its mild climate and superb situation at the mouth of the River Camel on the beautiful North Cornish coast. Scenic walking country, easy access to a choice of fine beaches and St Enodoc Golf Club’s challenging Church Course are just a few of the local activities on offer. Most everyday shopping requirements can be met within the village or at nearby Rock, but Wadebridge, with its town amenities, is only seven miles distant. The main line railway station is at Bodmin Parkway, approximately 15 miles and Newquay airport (direct daily air flights to London) is approximately 20 miles.


The property


Accessed by external doorway from stairwell, the accommodation briefly comprises:
• Entrance hallway with large storage cupboard and doors to main apartment and bedrooms 2 and 3.
Main apartment
• Open plan kitchen, dining and sitting room area with Master Bedroom suite.
Outside Terrace
• Expansive views over the Greenaway to the Doom Bar stretching across the Camel Estuary and Stepper Point from the first floor, and direct access to the gardens from the ground floor.


Services


Apartment 109 is heated by individually controlled electric panel radiators in every room. The hot water is provided by a high capacity electric immersion tank with thermostatic control and timer. There are mains supply smoke detectors directly wired to Reception and 1 car parking space allocated to the property.


Tenure


999-year leasehold (from 01 April 2007)


Agents notes


Investor use – 8 weeks per annum:

Summer Peak – July and August – 2 weeks

High season – Easter, Whitsun, Oct Half Term, Christmas, New Year and Feb Half Term – 1 week

Mid-season – May, June, September and October – 2 weeks

Low season – November to April – 3 weeks

St Moritz Hotel will let the rooms on behalf of the investor for the remaining weeks, who will receive 40% of the room revenue.

For further information please contact John Bray at or Hugh Ridgway at

 

Local info for PL27

 

Property Value Data/Graphs for PL27

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Detached house 24.4% £479,970 4 1.4
Bungalow 15.9% £313,105 2.8 0.8
Other 14.8% £269,847 2.4 0.1
Semi-detached house 11.9% £237,998 2.6 0.6
Flat 10.2% £204,828 1.6 0.7
Terraced house 8.5% £206,910 2.2 1.1
Land 4.5% £215,750 0.9 0.8
End terrace house 3.4% £268,325 2.5 1.2
Lodge 2.3% £229,000 2.8 2.5
Cottage 2.3% £445,500 3.3 1.8
Maisonette 0.6% £120,000 1 1
Barn conversion 0.6% £340,000 2 2
Detached bungalow 0.6% £625,000 3 0

Area Information

Average Price Paid

£355,910

Sales

1687

Current Average Value

£314,370

Value Change

£41,540 13.2%

 

Current Asking Prices in PL27 Average: £314,370

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £149,083 (6) £211,660 (38) £329,648 (51) £428,092 (31) £628,119 (8)
Flats £126,950 (11) £251,493 (7) - £650,000 (1) -
All £134,762 (17) £212,756 (47) £330,888 (53) £434,290 (34) £628,119 (8)

Nearby Properties

3 bed End terrace house () Fore Street, Port Isaac PL29 £595,000
4 bed Detached house () Port Isaac, Cornwall, Uk PL29 £375,000
6 bed Detached house () Trevarrian, Newquay TR8 £675,000
3 bed End terrace house () Foxdown Manor, Wadebridge PL27 £235,000
5 bed Detached bungalow () Penkernick Way, St. Columb, Cornwall TR9 £350,000
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