Finnygook Lane, Torpoint, PL11

Property Description

Step into coastal elegance at 4 The Fish Cellars, a stunning retreat carved from 17th-century stone and reimagined into a haven of modern luxury. Its perfect for a second home or someone looking for a Holiday Let investment with a potential 11% return. Nestled just 30 metres from the beach in the tranquil village of Portwrinkle the property offers panoramic sea views and indulgent amenities, whilst benefitting from being in a secure development it is perfect for those looking to lock up and leave.

Without doubt this is a property that offers a warm and quirky charm to it, with accommodation over 3 floors its a perfect get away. The open plan top floor, with its vaulted ceiling and exposed beams, is one of the features of the property. There is a modern fully fitted kitchen to the rear of the room opening out into the living/dining room. There are French Doors leading out on to the balcony, but even in the coldest of days you can sit and storm watch out to sea from the comfort of your armchair.

The balcony has a southerly facing aspect, making it the perfect place to enjoy the afternoon and evening sunshine with the added luxury of a plunge pool hot tub. Imagine sitting in the hot tub as the sun sets, with a glass of wine whilst enjoying the splendour of the Cornish Coast line.

The ground floor accommodation is predominantly the sleeping area, with 2 double bedrooms, both with spacious En-suites and an amazing Childs bunk room, complete with ambient lighting. The kids will love it.

On the lower ground floor there is a further reception room which is currently subdivided to make another sleeping area with a double bed and a sofa area, please note due to it being below ground floor there is no natural light but the way it's designed is ideal for older children. Especially as there is a further shower room on this floor.

The parking space is located on the lower ground floor and accessed via remote doors at the front of the property. There is a door on this level giving access to the property.

The development is made up of 5 individual properties, most of which are used as luxury holiday accommodation, there is a communal to the from of the properties that has been tastefully landscaped. The current owners only let the property to friends and family now and for a minimum of 7 days. But, others within the development are doing minimum 3 night stays which dramatically increases the occupancy, if you are looking at the property as an investment on this basis would offer realistic return of over £42,000 per annum. This is based on full occupancy during school holidays and 50% occupancy the remainder of the year. £1500 a week at peak times and £1200 a week low season.

Area Description

Portwrinkle is a small seaside village on the Cornish Coast with direct access to the beach. The village is a short distance from larger towns such as Torpoint, Saltash and Looe where you will find all the amenities you would expect from a larger town, whilst within walking distance you have the Finnygook Inn and Cawsand Golf Club.

The vibrant city of Plymouth, is within easy reach either via the Torpoint Ferry or around through Saltash. With its mainline train station and the Devon Expressway it offers easy access to Exeter and beyond along with the Ferry Port to France and Spain.

Council Tax Band - B
EPC Rating - C
Tenure – Leasehold (Own a share of the Freehold)
Lease Length 980 years remaining
Service Charge £3500 PA

Broadband
Mobile Coverage

availability: Ultrafast broadband (FTTC) is available in the area
Mobile Coverage: 4G Coverage is available in the area- please check with your provider.
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Utilities: Oil Fired Water and Heating, Electricity and Mains Water and Drainage Connected