4 bedroom Cottage - Terraced located at Colyton - Guide Price of £ 445,000
Full Description:A PRETTY STONE BUILT TERRACE OF COTTAGES IN THE HEART OF THE PICTURESQUE COUNTRY TOWN OF COLYTON.
IDEAL FOR INVESTMENT (HOLIDAY/LONG TERM LETS) OR A HOME WITH AN INCOME.
This attractive terrace of 4 cottages is currently trading as 'Colyton Holiday Cottages' and produces an income of approx. £40,000 per annum.
The properties are however not restricted to holiday lets and are equally well suited for long term tenancies, a home with an income or (subject to local authority consent) conversion to a large detached dwelling.
The two-storey building (now Stable Cottage and Coach Cottage) was originally converted from the stables to The White Cottage adjacent (an impressive period house). At that time the other 2 cottages (Briar Cottage and Bramble Cottage) and the garage were constructed in a similar style with natural stone cladding and slate roofs.
The properties have been carefully maintained and offer modern amenities.
The contents are available by separate negotiation if required.
Adjoining Briar Cottage is a stone and slate Garage (with conversion potential).
The brick pavioured driveway which leads from Dolphin Street and runs past the front of the properties will be part of the sale subject to a pedestrian right of way over the first few metres for the benefit of The White Cottage (giving access to the kitchen door and bin store).
At the far end of the driveway is an extensive gravelled area which provides parking and it is envisaged part will be used as a garden for the cottages. Parking will be excluded from the bottom of The White Cottage's garden.
The vendors are the owners of The White Cottage and, whilst there will be no objection to internal works (including conversion), any external building will require their approval in order to preserve the amenity and privacy currently enjoyed.
We understand the mains water, electricity and drainage are connected to the properties (there are not separate supplies for each cottage) and that gas is available in Dolphin Street although applicants should verify this with their own enquiries. The cottages have electric heating installed (panel radiators).
- Maintained to a High Standard
- Currently Successfully Holiday Let
- 2 Single-Storey
- 2 Two-Storey
- Parking and Garden Area