2 bedroom bungalow for sale
Key information
Features and description
- Contemporary, Luxury, Lakeside Barn
- Fully Furnished And Equipped
- Balance Of 10-Year Warranty
- 993 Year Lease Balance
- Managed Sublet Investment Income
- Hot Tub And Decking
- Two Double En-Suite Bedrooms
- Luxury Onsite Resort Amenities
- No Ongoing Chain
- Close To North Coast Beaches
A stunning, contemporary two double bedroom, two bathroom, barn style bungalow with hot tub and a lake view. High quality fixtures and fittings including granite worktops and rainforest showers. Situated on the prestigious Retallack Resort on the North Cornwall Coast. Fully equipped holiday home with all year round occupation (max 28 days per stay) and fantastic rental income opportunity via the resort. Excellent on site activities (Restaurant and bar, swimming pool and spa, Flowrider, Total Wipeout course, water sports, fishing, paddle boarding) and well situated for exploring all that Cornwall has to offer. Close to Padstow and Newquay. Priced to sell due to change in owners circumstances.
Note: does not qualify as a permanent residence (maximum stays 28 days), therefore is zero rates for business rates and does not attract council tax. Subletting is via the resort only.
Lease Information
Lease Information : 999 years less 3 days from and including 8 January 2019
Service Charges
Our vendor has informed us that the ground rent is c. £120 per annum and the site fees are c. £4,500 per year with CPI annual increases. Small Business Rates Exempt.
Property ownership information
Ground rent review period: Every 33 years
Service charge review period: Every 1 year
Lease end date: 31/12/3018
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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