A rare opportunity to acquire a substantial development plot in a highly sought after prestigious location at Bolt Head in Salcombe. Overlooking the stunning South Sands beach and Salcombe estuary this plot is as unique as the view it commands. A great opportunity for the investor/developer.
Full planning was granted for a luxury 5 bedroom house designed by local architects. As well as 5 large bedrooms, the design incorporates luxury living with a large kitchen family room, as well as a media lounge, pantry, wet rooms, a large feature staircase and veranda for enjoying the commanding views.
The owners have already invested in converting the Boathouse into high standard living accommodation with parking below. The accommodation is over 2 floors with a large bedroom and bathroom on the first floor and a modern open plan kitchen/dining/lounge on the second floor. A beautiful oak beamed ceiling with windows that overlooks South Sands beach and down the estuary to Kingsbridge.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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