Idyllic Stone Cottage, Ample Space, 5 Acres Of National Park

[porca misèria]

Another teaser for a different world ... http://www.rightmove.co.uk/property-for-sale/property-38469052.html

[The Eagle]

So these days you have to pay to become a servant of the royals?

Tenure

Leasehold. The property is held on a Duchy of Cornwall lease with a fixed term of thirty five years having eight years remaining. The vendors advises that the current annual rent is £2,600.00 per annum.

[swissy_fit]

Another teaser for a different world ... http://www.rightmove.co.uk/property-for-sale/property-38469052.html

That's one of the wettest places in the UK, and by the standards of the South West, very cold as well.

[porca misèria]

That's one of the wettest places in the UK, and by the standards of the South West, very cold as well.

Not a patch on the West Highlands or Cumbria.

Dartmoor is one of those parts of England that still has enough open land to cope with its rainfall. Even the recent record rainfall of April 2012 - Feb 2013. You'll get plenty of puddles, but not a flood problem.

[swissy_fit]

Not a patch on the West Highlands or Cumbria.

Dartmoor is one of those parts of England that still has enough open land to cope with its rainfall. Even the recent record rainfall of April 2012 - Feb 2013. You'll get plenty of puddles, but not a flood problem.

Princetown and the close area have a wet microclimate. It also snows quite a lot in cooler winters.

[RufflesTheGuineaPig]

£230,000 for eight years.

So effectively it's like renting for £30k a year.

With no main power, water, gas....

[tomandlu]

£230,000 for eight years.

So effectively it's like renting for £30k a year.

With no main power, water, gas....

£31.5K (you forgot to include the rent in your rent).

[swissy_fit]

£230,000 for eight years.

So effectively it's like renting for £30k a year.

With no main power, water, gas....

I thought that.

There's the rent as well, as mentioned by tomandlu.

I daresay the Duchy of Cornwall would renew the lease, but at what price?

No wonder the place is unmortgageable.

[crashmonitor]

I thought that.

There's the rent as well, as mentioned by tomandlu.

I daresay the Duchy of Cornwall would renew the lease, but at what price?

No wonder the place is unmortgageable.

I'm sure there would be a similarly isolated cottage with land in a beautiful location elsewhere in the UK for the same price or less, freehold. You really wonder who would stump up that sort of money for eight years.

[phead]

Wouldn't this lease be extendable/purchasable?

At 35 years it is a long lease and would seem to meet the criteria from the little I know of it.

[shark99]

It's been on the market for a while judging by this thread from Nov 2011 ...

http://www.housepricecrash.co.uk/forum/index.php?showtopic=172278

[porca misèria]

It's been on the market for a while judging by this thread from Nov 2011 ...

Touché! It's even the same agent, but neither rightmove nor propertybee picked up on it. Neither does zoopla. I guess that's what a posh agent gets you

[Ulfar]

Touché! It's even the same agent, but neither rightmove nor propertybee picked up on it. Neither does zoopla. I guess that's what a posh agent gets you

They may be a posh agent but they still can't sell it and never will, unless somebody who is mentally incompetent comes in.

[porca misèria]

They may be a posh agent but they still can't sell it and never will, unless somebody who is mentally incompetent comes in.

Maybe I should go in with an offer?

Something like 90% off the asking price. Note, "off", emphatically not "of".

Edited April 16, 2013 by porca misèria

[longtomsilver]

They may be a posh agent but they still can't sell it and never will, unless somebody who is mentally incompetent comes in.

Now where's that Cliff thread, you know early retiree lady from police on disability grounds. She's good for this kind of investment

[jonb]

Maybe I should go in with an offer?

Something like 90% off the asking price. Note, "off", emphatically not "of".

I would go for 99.9% off the asking price, ie one month's rent as deposit.

[sleepwello'nights]

Wow it even has its own generator. Now if it could be converted to wood burning you could go off grid.

[Woot]

I wonder why the vendors haven't sought to extend the lease before going to market? Would seem to make sense and avoid all the issues of 8 year expiry... unless, of course, they have?

[motch]

Another teaser for a different world ... http://www.rightmove.co.uk/property-for-sale/property-38469052.html

and there's more of the same

http://www.rightmove.co.uk/property-for-sale/property-40305530.html

at the mercy of the dutchy each year, + leasehold can't do things you want to it.

[motch]

something nearby for someone with cash ?

http://www.rightmove.co.uk/property-for-sale/property-41274377.html

a little place in the national park for under £100k done up?

[swissy_fit]

something nearby for someone with cash ?

http://www.rightmove.co.uk/property-for-sale/property-41274377.html

a little place in the national park for under £100k done up?

You really, really don't want to live there, unless you like rain. You can go up there in fine weather and find cool clouds, fog or rain. The winter is bitter, quite often snow there, and the town has a bleakness to it that's hard to describe, the surrounding moorland is equally bleak and forbidding. It's quite odd, given that it's the South West, very different from anything else on the peninsula. You don't have to go far in any direction before you find prettier, gentler country, but Princetown, not if you paid me.

They didn't site the prison there for nothing.

Oh, the pubs used to do lock-ins, especially in winter, so if you like that sort of thing....