Overview…
The properties have been carefully constructed by local craftsmen keeping money in the local economy and drawing on a wealth of experience and new technology.
The properties adhere to high building standards. These standards relate to every aspect of the build, including structure, heat loss, ventilation, sound insulation and electrical fire safety.
The properties have a 10 year Build Zone warranty and builders guarantee.
The exterior materials used give a striking appearance whilst being sensitive to the area.
Each of the holiday homes benefit from east and west facing outside areas to maximise sunshine. The west facing gardens comprise of a patio and grassed area . Every property will has a west facing balcony.
Eight Ocean Reach which is currently being built as part of ‘Phase 2’, will have a 3 bedrooms, 2 bathrooms and is a fully residential house. It will also have a single detached garage and parking outside. There will be an enclosed garden looking directly over Bigbury Bay towards Burgh Island, this westerly view provides a fantastic setting for experiencing stunning sunsets. The house will benefit from outdoor areas to maximise sunshine. This property is for sale. The other three properties will be retained to provide high quality memorable holidays and will rented through the Ocean Reach website along with the existing properties.
This is a once in a lifetime limited opportunity to acquire a fantastic property with breath-taking views on the South Hams Coastline.
Planning conditions stipulate that the owners of the cottages have to have another address which is their primary residence. They will be sold on a 999 year lease with the only stipulation being that owners must have another address which is their primary residence.
Should owners wish to let out their holiday properties then owning a holiday investment property means that not only do you enjoy the benefit of owning a holiday home but also the benefit of acquiring revenue from lettings.
The estimated net profit on renting a two bedroom property is £26k based on using Sean & Hazel’s present business model adopted from their highly successful Bolberry Farm Cottages.
Oceans Restaurant and Bar benefits from a southerly aspect and is glass fronted to optimise the extensive sea views.
Local firm WM Construction SW Ltd are currently underway on ‘phase 2’.
Investment Properties For Sale
Four Ocean Reach
UNDER OFFER
Ground floor
Open plan sitting room, kitchen & diner/bathroom/utility
First Floor
2 x double bedrooms/ bathroom
Exterior
1 x patio/1 x enclosed garden/balcony/parking/garage/sea views
Five Ocean Reach
UNDER OFFER
Ground floor
Open plan sitting room, kitchen & diner/bathroom/utility
First Floor
2 x double bedrooms/ bathroom
Exterior
1 x patio/1 x enclosed garden/balcony/parking/garage/sea views
Eight Ocean Reach
UNDER OFFER
Ground floor
Open plan sitting room and dining area with kitchen.
Large shower room with toilet and basin.
Ground floor double bedroom.
First Floor
Two double bedrooms, one with a west facing balcony. Large bathroom with bath and separate shower.
Exterior
Patio/garden/balcony/parking/single garage.
Specifications
Kitchens
- Fully fitted locally crafted bespoke high gloss units
- Quartz worktops
- Glass splash backs
- Fully integrated Neff kitchen appliances
- Flush under cupboard lighting
Bathrooms/En-suites
- White sanitary ware with complementing chrome fittings
- Thermostatic showers
- Mirror
- Shaving point
- Dual flush wc
- Heated towel rails
Heating and Hot Water
- Calor Gas combi boilers
- Underfloor heating
Flooring and Finishings
- Kardean limed Oak effect flooring
- Walls and ceilings finished in white matt emulsion
- Worcester Oak natural finish doors
- 150ml white bullnose skirting board , matching architrave
- aluminium door fittings
Electrical fittings
- Brushed stainless steel light switches and sockets with matching light fittings
- TV points in living rooms
- Telephone and 4G WIFI connection
Exterior Finishes
- Marley Cedral weather boarding
- Light coloured render
- Bespoke aluminium windows and doors finished in a custom colour
- Marine grade chrome exterior light fittings
- Glazed safety glass balconies with marine grade stainless steel fittings
- Tiled roof terraces
- Lindab aluminium guttering and downpipes
- Paved patio
PHOTO GALLERY
Click on images below for larger versions.