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2 Bridgend, Fore Street, Looe, Cornwall. PL13 1HH
£525,000
Bedrooms
Bathrooms
Reception
Seasons are delighted to present to the market Jubilee House, a charming and spacious four bedroom detached property located in the picturesque village of Pelynt in Cornwall. Priced at 525,000, this delightful home offers a unique opportunity for those seeking a versatile living space with the added potential of holiday let accommodation and a home office/hobby room within the gardens.
Upon entering Jubilee House, you are greeted by a large porch leading into the accommodation. The ground floor comprises a well-appointed kitchen/breakfast room, a formal dining room, a study (previously used as a fifth bedroom), and an impressive 49 sq m lounge with a feature fireplace and doors opening out to the beautifully landscaped gardens. The ground floor also includes a convenient WC and an integral workshop/utility room, currently utilised as a mini gym.
The first floor of the property boasts four generously sized bedrooms, one of which benefits from an en suite shower room, as well as a large family bathroom. The layout of Jubilee House is ideal for multi-generational living, accommodating large families, or those looking to work from home in a peaceful and spacious environment.
The large gardens on three sides of Jubilee House offer a tranquil retreat with a good degree of privacy. The outdoor space features areas of lawn, patios, a rockery, and flower beds, creating a perfect setting for outdoor entertaining or relaxation. Nestled within the garden is a new 20 sq m Scandinavian cabin, providing additional space for a studio, home office, or hobby room.
To the side of the property, a generous driveway provides ample parking and leads to a modern double garage. The garage has the added benefit of planning permission for a second storey above, which could be utilised as holiday let accommodation. Please note that this space cannot be used as an annexe or permanent residence.
Jubilee House offers a unique opportunity to own a characterful property with versatile living spaces and the potential for additional income through holiday let accommodation. A viewing of this exceptional property is highly recommended to fully appreciate its size, scope, and potential. Don`t miss out on the chance to make Jubilee House your new home in the heart of Cornwall`s stunning countryside. Contact Seasons today to arrange a viewing.
The popular and well served village of Pelynt is just four miles from the coastal resort of Looe and three miles from the historic fishing village of Polperro. Offering an excellent range of local facilities including a doctors, primary school, two grocery stores, one of which includes the post office the other a butchers, garage, social club and 16th century public house. There are regular bus services to Looe, Polperro and Plymouth as well as student buses to the local secondary schools and colleges.
Accommodation
Ground Floor- kitchen/breakfast room, triple aspect lounge with doors to the garden, dining room, study/home office/bedroom, large porch, cloakroom/wc, and a utility/workshop/gym.
First Floor - primary bedroom with en suite shower room, three further double bedrooms, family bathroom with bath and separate shower.
Gardens
The house stands in gardens that total approximately 1/4 of an acre, these are mainly to the rear and sides and offer a good degree of privacy. The lower level adjoining the property is mainly laid to patios with a dwarf cornish stone wall, flower beds and rockeries separating this from the lawns. Set within the lawns there is a new Scandinavian cabin that could lend itself to many uses. The garden boundaries are to fencing and mature hedging. Two garden sheds and greenhouse. Oil storage tank. To the other side of the property there is a large drive that leads to the workshop, entrance porch and the double garage.
Garage and Parking
The double garage has been built in recent years and measures approximately 6.2m wide x 5.5m deep. This has an open roof space and a pair of up and over doors to the front. Power points. Lights. Inverter for solar PV. Fitted cupboards with worksurfaces above. uPVC double glazed pedestrian door to the side.
Windows
uPVC double glazed throughout
Heating
Oil central heating from a Worcester combination boiler situated in the workshop.
4 kw Solar PV (owned) panels on the garage roof that reduce the bills and provide an income. Large multi fuel stove located in the lounge.
Services
Mains water, electricity and drainage.
Broadband: Fibre to the property.
Council Tax
Band D
EPC Rating
D60
Tenure
Freehold
Agents Note
Planning Permission was granted in January 2014 for the construction of a double garage with holiday let accommodation above. The garage has been completed without the holiday let above therefore it should be possible to add this but we would advise those interested to speak to Cornwall Council Planning Department for clarity and confirmation. The original application number was PA13/10236.
Directions
From Looe proceed west towards Polperro. After approximately 2.5 miles take the turning on your right signposted Pelynt. Follow this road and on entering the village, Jubilee House is the second property on your left.
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Notice
IMPORTANT NOTE: Messrs Seasons Estate Agents Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that: these particulars are set out as a general outline only for the guidance of intended purchasers or lesses, and do not constitute part of, an offer or contract; all descriptions, dimensions, floor plans, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; no person in the employment of Messrs Seasons Estate Agents Ltd has any authority to make or give any representation or warranty whatsoever in relation to this property.
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: Mains Supply
Broadband: None
Telephone: None
Other Items
Heating: Oil Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: Yes
New Home: Non New Home
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
2 Bridgend, Fore Street, Looe, Cornwall. PL13 1HH
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