15th Feb 2021
26th Feb 2021
- Listing status: sale
- Country: England
A highly sought-after and luxurious three-bedroom investment apartment set on the first floor at The St Moritz Hotel, with panoramic sea views and located within short walking distance of some of North Cornwall’s finest beaches.
• A rare opportunity to acquire an exciting investment opportunity delivering a 4% yield, plus all the benefits of holiday use.
• Within easy walking distance of the Greenaway, Daymer Bay and Polzeath beaches on the north Cornwall coast.
• Available for owner use 8 weeks per annum.
• Offered fully furnished and ready for holiday let use with 40% share of all forward bookings.
• Part of the acclaimed St Moritz Hotel, owners can make use of all the leisure facilities
• In all approximately 1450 sq.ft. (134.7 sq.m)
Apartment 109 is a versatile Hotel Investment Apartment providing a flexible and innovative means of enjoying all the advantages of this high-quality development. As an owner you can benefit from 8 weeks personal use each year and for the remainder of the year, the apartment is let by the St Moritz Hotel with 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 sitting room. The property has been finished to exacting standards and includes top quality specifications and furnishing throughout.
Accessed by external doorway from stairwell, the accommodation briefly comprises:
Entrance foyer with large storage cupboard and doors leading to main apartment/bedroom 1 and bedrooms 2 and 3
Main apartment with Master Bedroom suite with open plan kitchen, dining and sitting room area leading out to First floor balcony with panoramic sea views over the Greenaway towards the Doom Bar and across the Camel Estuary to Stepper Point.
Apartment 109 is heated by individually controlled electric panel radiators in each 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, with further guest parking also available.
From the ground floor there is direct access to the landscaped communal gardens and out onto the South West Coast Path.
Investor use is limited to 8 weeks per annum:
Peak Summer (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 manage and let the three rooms on behalf of the investor for all the remaining weeks, who will receive 40% of the gross revenue.
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.
Apartment owners have access to all of the hotel leisure facilities including:
• Indoor pool, sauna & steam room & outdoor pool
• Fully equipped gymnasium
• The Cowshed day spa & treatment rooms (excludes treatments)
• Tennis court
• Restaurant, bar, lounge & games room
• Landscaped gardens
Local info for PL27