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Newmill, Penzance, TR20

PROPERTY TYPE

Detached

BEDROOMS

5

BATHROOMS

5

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

An exceptional opportunity to acquire a successful holiday letting complex set amidst beautiful rolling Cornish countryside. The property comprises five identical, fully equipped one-bedroom holiday units, each offering stylish modern accommodation with a proven track record of income. Every unit features a fitted kitchen, a shower room, a mezzanine bedroom level and an open-plan living space with bi-fold doors that open out onto a private patio area.

The development benefits from an A-rated EPC and solar panels, ensuring excellent energy efficiency. Guests approach the site via a private driveway which leads to a designated parking area. There are three distinct areas of grounds for visitors to enjoy, along with a communal area that includes a hot tub and dedicated barbecue space. The site is connected to mains electricity and benefits from private drainage and a borehole water supply.

In addition to the existing holiday lets, there is active planning permission for an additional lodge pitch, offering potential for increased letting income or the creation of on-site manager accommodation. Further land may also be available by separate negotiation.

Beautifully located for easy access to the coastal towns of St Ives, Zennor and Penzance, this is an outstanding investment with established returns and exciting scope for future development.

New Mill is a small hamlet approx. 2 miles north of Penzance on the road to Gurnards Head and Zennor. A very popular but quiet area surround by beautiful rolling Cornish Countryside. Stunning walks encompass the area. All major amenities are available in the nearby Penzance. New Mill is also in the catchment area for the very popular Trythall primary school. The area lies within the Cornwall Area of Outstanding Natural Beauty.

Let 1

Frosted double-glazed front door into:

Kitchen

2.57m x 2.34m

Tiled floor, underfloor heating. Fitted kitchen range of cupboards and drawers with worktops over, sink and drainer with mixer tap, integrated electric hob and oven, extractor, splashback. Integrated fridge, power points.

Glazed door into:

Hallway

Underfloor heating. Power points.

Shower Room

1.75m x 1.65m

Heated towel rail, extractor fan, large shower with additional hand-held, wash hand basin with vanity unit under, w/c. Through into:

Lounge/Dining Area

2.64m x 3.07m

Tiled floor, power points, Bi-fold double-glazed doors onto:

Private Patio

2.77m x 5.49m

Private and sunny.

Oak stairs, glass inserts upto:

Mezzanine/Bedroom

2.64m x 3.76m

2 Velux windows, radiators, power points, storage into eaves.

Lets 2-5

There are a further 4 lets which have the same measurements as above.

Services:

Electric, mains water.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway,Off street,Private
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Newmill, Penzance, TR20

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About Stacey Mann Estates, Penzance

17 Alverton Street, Penzance, TR18 2QP

Building on many years of experience gained running a corporate office has given Stacey Mann a unique insight in to what clients expect from their Agent.

But don't let our passion for what some might call 'old-fashioned service values' deceive you: we are a modern, dynamic, forward thinking company that is usually among the first in the industry to recognise and embrace the advantages that technological advances can bring our clients.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£3,079
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference SME250455. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stacey Mann Estates, Penzance. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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