Property Investment
Five Refurbishment Properties in Popular Staycation Destinations
Have you ever fancied doing up a home? Whether you are a property developer planning a refurbishment to turnaround and sell for profit, a buy-to-let investor looking for a holiday let that will bring in good yields, or someone who just wants to buy a doer-upper in a great location to live in yourself, we’ve found some great properties in need of a total makeover, which are located in some of the UK’s most popular holiday destinations. Take a look…
4-bed detached house, Lymington – New Forest £750,000
Situated near the Georgian market town of Lymington, on the south coast of England in the beautiful New Forest National Park, this four-bedroom detached house has plenty of investment potential.
Upstairs there are 3 bedrooms and a bathroom, while downstairs there are three decent sized reception rooms, a bedroom, bathroom and utility area. Outside there is a large garden to the front, a carport to the side and a smaller garden to the rear with a double stable and views over the surrounding countryside.
The property would make a perfect holiday let due to its location close to the popular stretch of beach at Milford on Sea and the popular sailing village of Keyhaven. It is also only a couple of miles from Lymington Pier Ferry Terminal which offers regular departures to the Isle of Wight and beyond.
There is so much to do in and around Lymington, which often makes the Times top places to live list, with beaches, water sports, cycling, walking, shopping and attractions such as the historic Hurst Castle and stunning New Forest National Park all within easy reach.
Ready to get your wallet out? The property is being marketed by John D Wood & Co. – Lymington via Zoopla for £750,000.
Banks Point, Bassenthwaite Lake, Cockermouth, Cumbria – The Lake District £500,000
In need of complete modernisation, Banks Point is nestled on the northwest edge of Bassenthwaite Lake Nature Reserve in the Lake District National Park and boasts super views of the lake.
The current accommodation has been configured with the main living space on the first floor to make the most of glorious views towards Bassenthwaite, Skiddaw, Ullock Pike, Sale Fell and Binsey. The flexible accommodation also provides the purchasers with an option to convert part of the ground floor into a self-contained annexe.
Outside the property offers an attached garage and a front garden with driveway, lawn and attractive, mature borders and more fabulous views. The manageable rear garden is mainly laid to lawn and has a solid tiled patio area; there are also two handy sheds for storage.
The market town of Cockermouth, with its abundance of amenities including a wide range of shops, restaurants and pubs is just a short drive away.
Banks Point is being marketed by Finest Properties, Ambleside via Rightmove for £500,000
19th Century Fisherman’s Cottage, Waterside Location Victoria Quay, Salcombe – Devon £825+K
An ideal holiday let, Tuckers is one of a handful of early 19th-century fisherman’s cottages located along the sea wall in Salcombe. The property is very centrally located close to all of the local amenities including bars, restaurants and shops.
The views of the lifeboat dock and estuary from the lounge that opens out onto the sunny south-facing front terrace garden are idyllic, to say the least. The front bedroom also has great estuary views.
In need of modernisation, the property boasts a sitting room with large sliding doors to the terrace, a kitchen/dining area that is crying out for a makeover and a door to the rear. Upstairs there are two double bedrooms, which both benefit from en-suite shower rooms.
Tuckers is being marketed by Luscombe Maye, Salcombe via Rightmove for £825K.
6-Bed, Sea Views, Carthew Terrace, St. Ives – Cornwall £785,000
This former artist’s residence, with stunning sea views from all three floors, offers a wide degree of flexibility to the new owners to either turn it into a single, family residence or into two or three good-sized apartments.
There is a front garden with stunning sea views and a south-facing courtyard garden to the rear with a pretty wooden-clad artist’s studio. There is also parking for two cars as well as street parking for the lucky buyers.
The property is situated in a quiet residential area of St Ives on a private street, within walking distance of the beaches, harbour and shops.
Offered for sale with no chain and vacant possession by Miller Countrywide, St Ives for £785K [View the video tour].
Former Church with Planning – Peak District £280,000
Calling all property developers, we’d like to present you with this amazing opportunity to purchase a late Victorian former church that is offered for sale with full planning permission for conversion into five separate properties offering a mix of 2 and 3-bedroom accommodation.
The property, being marketed by Wright Marshall Estate Agents, Buxton via Rightmove, is being sold at auction with a guide price of £280K.
So, that’s our top five staycation refurbishment properties for this week. Do any appeal? Or have you done up a property yourself in a British staycation destination? We’d love to hear!