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Carnmenellis, Wendron

South West

£1,200,000

Listed on 18/07/2024

Property details

Bedrooms
6
Type
Character Property
Area
3247 sqft

Description

This historic farmstead, established in the 1700s, offers a unique investment opportunity in a picturesque rural setting. Currently, it generates rental income from two self-contained holiday flats, with significant potential for further development. The property is nestled at the end of a private lane, ensuring peace and seclusion while remaining conveniently close to local amenities and outdoor activities, including Stithians reservoir for water sports and numerous walking trails. The main dwelling features an adaptable layout with 5/6 bedrooms, suitable for multi-generational living or as an income-generating property. A self-contained annexe includes three en-suite bedrooms and could serve as a separate rental unit. The expansive ground floor accommodates flexible living spaces, highlighted by a charming kitchen with an inglenook fireplace and a spacious living area. Additionally, there are converted holiday flats above a separate barn structure that currently provide extra income, alongside considerable scope for redevelopment into larger residential units subject to planning permission. Outbuildings such as stables and barns also present further opportunities for enhancement or conversion. Set within approximately 10 acres of land that includes pasture and woodland, this property is perfect for equestrian enthusiasts or those interested in hobby farming. With mains services connected and air source heating installed, the property is well-equipped but may benefit from modernisation in certain areas to maximise its full potential.

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Location

Carnmenellis, Wendron
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Mortgage calculator

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£
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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,533
Based on a loan of £900,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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