St. Mellion, Saltash

£185,000
  • Ref: 10896
  • Type: Detached House
  • Availability: Under Offer
  • Bedrooms: 3
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Leasehold
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Features

  • HOLIDAY LODGE
  • EXCLUSIVE LOCATION
  • ADJ ST MELLION INTERNATIONAL GOLF RESORT
  • ABOUT 976 SQ FT
  • 25' O/P LIVING ROOM/KITCHEN
  • 3 BEDROOMS (ALL ENSUITE)
  • SUCCESSFULLY HOLIDAY LET
  • AVAILABLE FURNISHED & EQUIPPED
  • BALCONY & PATIOS
  • PARKING & GARDENS

Full Description

A detached holiday lodge in an exclusive development setting adjacent to St. Mellion International Golf Resort. About 976 sq ft, O/P Living Room/Kitchen, 3 bedrooms (all en-suite), Balcony and Patios, Communal Parking, Holiday Restriction, Successfully Holiday Let, Available Furnished and Equipped.

Full Details

CARGREEN YACHT CLUB 5 MILES, SALTASH (A38) 6 MILES, PLYMOUTH 12 MILES, WHITSAND BAY 14 MILES A detached two bedroom holiday lodge in an exclusive development adjacent to St. Mellion International Golf Resort. About 976 sq ft, O/P Living Room/Kitchen, 3 bedrooms (1 en-suite), Balcony and Patios, Communal Parking, Holiday Restriction, Successfully Holiday Let.

LOCATION The development of Oakridge lies in a sheltered valley on the southern edge of St Mellion Golf Course not visible from the public highway, and surrounded by open country and with direct access to the Golf Resort, despite the golf location this setting also appeals to nature lovers and lies in close proximity to the Tamar Valley AONB and historic properties including Pentillie Castle and Cotehele House.



This appealing and unusual setting comprises 20 lodges developed on a green field site about a mile from the villages of St Mellion and Pillaton, in the beautiful rolling countryside of South East Cornwall. Accessibility is good with the A388 Callington to Saltash road within a mile of the property giving quick access to the A38 & Plymouth. The upper floor of the house has been designed to take advantage of the views over the beautiful woodland and surrounding countryside.

DESCRIPTION This detached lodge style house is designed with reverse level accommodation, allowing the upper level the advantage of fine views over the beautiful wooded valley. The property is of interesting architectural appeal and is ideally suited to investors and those seeking a rural retreat with the ability to enjoy the facilities that the adjacent St Mellion International Golf Resort offers, including its highly popular leisure facilities. The planning restriction limits the use of the property to use as a 'non principal residence'.



The main feature of the house is the open plan principal living room with partially vaulted ceiling, open fireplace and French doors leading onto the balcony with fine views. The property was constructed in 1998. The occupancy is limited to the following use "the lodge shall be used for holiday purposes only and should not be used as the main residence for any person", we understand that there is no restriction on length of stay.

HOLIDAY LETTING 18 Oakridge is used by our clients as an investment property. Currently successfully let through The Holiday Property Bond. In 2019 the property achieved 73% occupancy with circa £20,000 turnover. In 2020 of the weeks available outside of the lockdown periods about 80% occupancy was achieved. Looking forward our client informs that they have strong bookings for 2021. The property will be sold fully furnished and equipped allowing its ongoing use as a second home or holiday let.

GOLF AND LEISURE The clients currently have an arrangement with the St Mellion Resort and are paying about £4500 per annum for 2 x golf and leisure memberships for the guests to use. A new owner may wish to continue this arrangement which is a requirement if choosing to let through The Holiday Property Bond.

OUTSIDE The landscaped grounds are communally maintained. To the rear, and accessed directly from the kitchen area, is a decked patio/barbeque area. There is ample communal parking.

TENURE Leasehold. The property is held on a 999 year lease from June 1998. The freehold of the development is owned by OSM Limited with each property owner having 1 of 20 shares in OSM Limited. The current service charge is £1800 per annum which includes TV licence, window cleaning, ground maintenance, building insurance, sewerage and ground rent. The present owners do not pay rates on the property due to rate relief.

EPC RATING - D