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£525,000

Ocean Reach, Bolberry Down

  • 2 beds
Detached house

£525,000

  • 2 beds
Detached house
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Estimate monthly mortgage payment:

£2,397 per month

Minimum deposit amount:

£26,250
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Full Details

A unique opportunity to purchase probably the best 2 bedroom property at Ocean Reach, a development of luxury homes and currently part of a thriving holiday let business, being sold with all 2025 bookings. Built in 2017, it is the perfect 'lock up and leave' with the developer still the site caretaker.

Located in an Area of Outstanding Natural Beauty with breath taking views over Bigbury Bay towards Burgh Island, the adjoining coastline as well as surrounding countryside, the house was constructed and finished to a very high standard.

The property benefits from a generous open plan living/dining area with doors opening out onto the west-facing, sunny terrace, whilst enjoying a well-fitted kitchen with high gloss units, granite worktops, some integrated appliances and underfloor heating throughout. In addition there is a shower room and wc on the ground floor. Upstairs there are two double bedrooms and a family bathroom. The master bedroom enjoys a door opening out onto a balcony with outstanding views across to Burgh Island.

Outside to the front there is an allocated parking space, a useful garden shed and an area for sitting out. To the rear, the terrace and garden are both west facing to enjoy the afternoon/evening sun. The additional benefits of Ocean Reach include the on-site restaurant and bar, together with direct access to the South West Coast Path at the end of the drive.

NOTE
The property can only be used as a holiday home or holiday let.

TENURE
Leasehold with share of freehold. 999 year lease from 2017. Management charge: £2,005 per annum. No ground rent.

SERVICES
Mains electric. Private water. Communal LPG for central heating (metered). Communal sewerage treatment plant. Skylight Satellite Broadband.

COUNCIL TAX
The property is currently not rated.

LOCAL AUTHORITY
South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE. .

VIEWING
Viewing strictly by appointment with Luscombe Maye

DIRECTIONS
Turn off the A381 Kingsbridge/Salcombe road at Malborough, following signs to Hope Cove. Drive through the village and past the church, keeping to the left and Inner Hope Cove and Bolberry. Proceed for about half a mile and turn right signposted to Bolberry. On reaching the hamlet of Bolberry, turn left, signposted to Bolberry Down. Proceed over the cattle grid and follow the road round to the right. Ocean Reach will be found at the end of the lane.

MATERIAL INFORMATION
To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document. If available, please scan the QR code or access the additional online material information web brochure. Alternatively, you can contact our team for this information.

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£2,397 per month
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Stamp Duty tax
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£5,000
Mortgage and legal costs:
£999
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