Pendra Loweth, Mean Valley, TR11

THE PROPERTY

The property is located in what was the first phase of the development in a corner position set amongst delightful gardens with an abundance of trees, stream and access to many on-site facilities. The streamside location is delightful with terraces to front and rear to enjoy summer sunshine for much of the day. Accommodation is immaculately presented throughout with two bedrooms and bathroom upstairs and a cloakroom/WC and the inviting triple aspect sociable open plan living room and kitchen to the ground floor. The kitchen boasts a range of integrated appliances and works well together with the oak wood flooring. A stable door from the living area provides access to the rear paved patio with borders boasting a number of shrubs along with trellising, a gateway gives access to the second patio with shaped lawn. The communal pathway takes you through the development with its natural stream and numerous sitting and picnicking areas. On-site facilities include bar/restaurant, gymnasium, plunge pool, spa, sauna and sporting courts.

THE INVESTMENT

Pendra Loweth is an established year-round holiday destination and former Britain in Bloom winner with several accolades. The development and its properties have many glowing 'online' Trip Advisor reviews. Owners are free to use their property however they wish; as a private holiday home, a holiday letting business or combination of the two. Site facilities are excellent and include a gym, all weather tennis courts, restaurant and bar, laundrette, jacuzzi and plunge pool as well as an enclosed children's play area, a children's soft play area and a further children's nature play area.

Link to Pendra Loweth facilities: https://www.pendralowethfalmouth.co.uk/facilities

ACCOMMODATION IN DETAIL

(ALL MEASUREMENTS ARE APPROXIMATE) Paved steps lead from the parking area to a UPVC half glazed front door, providing access to…

ENTRANCE HALL

Double glazed window to side elevation, UPVC composite door to exterior, oak wood flooring extending into the living area.

CLOAKROOM/WC - (5' 7" x 4' 5" (1.70m x 1.35m))

A generous space with white WC and hand basin with splashback. Obscure double glazed window to the front, ceiling spotlights, vinyl flooring and extractor fan.

OPEN PLAN LIVING AREA - (17' 7" x 16' 8" (5.36m x 5.08m))

A triple aspect and beautifully presented living area, providing plenty of light and the main social hub of this cottage. The modern kitchen offers a stylish and quality finish featuring built-in appliances including a fridge freezer, new oven, electric hob and dishwasher. A circular stainless sink with a double glazed window facing the front and wood effect worktops. Barn door-style access.

FIRST FLOOR

LANDING

Double glazed window providing plenty of light. Built-in storage cupboard with plumbing for washing machine. Access to partially boarded loft with retractable ladder.

BEDROOM ONE - (11' 1" x 9' 9" (3.38m x 2.97m))

A bright double bedroom with double glazed window enjoying a pleasant and lightly wooded outlook to the rear.

BEDROOM TWO - (8' 3" x 7' 8" (2.51m x 2.34m))

Another bright room with a double glazed window facing the rear. Current bedroom used for bunk beds with the lower bed providing a double size.

FAMILY BATHROOM - (8' 5" x 5' 2" (2.57m x 1.57m))

A white three-piece suite comprising panelled bath with mains shower over and rainfall fixing, fully tiled surround and screening, wash basin, tiled splashback and WC. Obscure double glazed window with blinds facing the front, towel radiator, vinyl flooring and extractor fan.

TENURE

Leasehold. The remainder of a 999 year lease commenced 25 July 2000. The current service charge for 2024 is £3350.18 pa inclusive of VAT. The service charge is a contribution towards the upkeep of the 16 acres of grounds, all the facilities and the buildings insurance for the cottage. The freehold of Pendra Loweth is owned by a management company. The only shareholders are Pendra Loweth leaseholders and the annual budget and service charge is reviewed each year and presented to owners before being agreed for the following year. This house will be sold with the current owner’s share and the ground rent charge for number 3 will be a peppercorn ground rent. The use of these properties are as a second home or holiday let investment only. Not for permanent residence or assured shorthold tenancies (AST).

AGENTS NOTE

As we understand from the sellers, The Ministry Of Housing, Communities & Local Government that the new Labour Government will bring in the Regulations to exempt Seasonal Homes from the Council Tax surcharge on Second Homes. The Regulations will likely be in force by April 2025. Please enquire for further information.