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£210,000

Colmer Estate, Modbury

  • 2 beds
Cottage

£210,000

  • 2 beds
Cottage
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Estimate monthly mortgage payment:

£959 per month

Minimum deposit amount:

£10,500
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Full Details

DESCRIPTION Winner of the Best Heritage Cottage Accommodation 2023 in South Devon through the Southern Enterprise Awards, Hope Cottage is nestled within the tranquil countryside setting of the Colmer Estate. It presents a superb opportunity for a great holiday cottage or a well established holiday letting business. This two bedroom cottage provides open plan living for a relaxing and social space, a private front patio area amongst the beautiful 28 acre grounds within the Colmer Estate, providing peace and enjoyment for all individuals.
Upon entering the open plan ground floor, you are met with a cosy and charming feel with original stone features and exposed wooden beams. The kitchen provides space for an electric oven/hob, a small fridge/freezer and plumbing for washing machine, the living area is filled with an abundance of natural light and creates an ideal space for socialising or relaxing in front of the electric wood burner. The dining area is set adjacent to the kitchen and provides seating for 4 people.
Carpeted stairs rise to the first floor landing with rear access to the shared lawn that is benefitted by the neighbouring cottages. The main double bedroom has double fitted wardrobes and is beautifully light from the front facing window and the second, is a twin bedroom with a small fitted wardrobe. The modern family bathroom has a full-size bath with overhead shower, hand basin and W/C with window to the rear.
The front private patio is accessed from the allocated parking area, boarded by stone walls and privacy fencing, a perfect area for a midday barbeque or summer sunset drinks. The rear shared lawn area soaks up the day's sun and creates easy access to the walled garden and swimming pools.

LOCATION The Colmer Estate sits in a truly exceptional location between the rugged and dramatic Dartmoor National Park and the glorious South Hams coastline in South Devon. The South Devon coastline offers many beautiful unspoilt beaches and fabulous coastal walks, with the stunning golden sands of Wonwell, Bigbury on Sea, Bantham and Salcombe only a short distance away. The Colmer Estate consist of only 20 privately owned holiday homes on the Colmer Estate, a converted working timber mill and former Georgian country house, 7 apartments in the main house and 13 in the old mill buildings, indoor and outdoor pools, an all weather tennis court and a children's play area in the walled garden. Colmer Estate has 28 acres of beautiful, managed, but natural private grounds. This hidden South Hams gem is a nature lovers paradise with a combination of meadows, lake, trails and streams.
Modbury is a picturesque Georgian town situated in an 'Area of Outstanding Natural Beauty', and is only about 4 miles from the nearest beach. Some two hundred years ago it was extremely prosperous being the local market town and a centre for the wool trade. Today there is a good range of local shops including a butcher, baker, grocers, hardware store, chemist, delicatessen and a number of gift and antique shops. Other amenities include a primary school, health centre, dentist, veterinary surgery and mobile library. For more comprehensive shopping, Kingsbridge is to the South and Plymouth is about 12 miles to the West. Modbury is on the main bus route and is also only about five miles from the A38. Nearby there are fine cliff top and coastal walks, other beaches and coves, with sailing at Salcombe and Newton Ferrers, 18 hole golf courses at Thurlestone and Bigbury and Dartmoor National Park is several miles to the North.

SERVICES Mains water and electricity. Electric heating. Private drainage. Brand new electric boiler and water cylinder controlled by Hive for maximum efficiency. The property also has new fully double glazed windows.

TENURE Leasehold with a 999 year lease from 1998 together with a 5% sharehold of the management company. This property is for occupation for leisure/holiday use only and cannot be used as a principal residence.

SERVICE CHARGE The service charge is payable in two six monthly instalments, October and April and is currently £5115 per annum. There is an additional £1250 per annum which includes the capital fund, contingency fund, communal grounds and pool maintenance and water treatment.

COUNCIL TAX Currently not payable due to Hope Cottage being registered for business rates (Zero payable due to rural business rate relief)

VIEWINGS Viewing strictly by appointment with Luscombe Maye, Modbury

Luscombe Maye also offers an Award Winning Lettings service. If you are considering Letting your own property, or a buy to let purchase, please contact Andrew or Ross on or to discuss our range of bespoke services.

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