Wednesday 28 November 2007

Dream Properties or Nightmares?

I promised myself that whilst looking for places to buy in Cornwall I'd look at places that were beyond as well as within our budget. Especially since the property market may well be about to dip sufficiently that places like this become affordable. Some of them also have things like holiday cottages to let out thus, partly, financing themselves (maybe).

All the suppositions here are mine - they are the things I'd be checking out given my reading of the agent's descriptions.

What does one expect when paying over 3/4 of a million pounds? Well one thing I really would expect would be a loo close to at least one of the bedrooms... this however is not available at Fox Park, Bodmin on at £795,000 - but it does have two holiday cottages (1 bed and 2 bed) and its own website through which these can be booked - looking at this website one is immediately struck by the services which the holiday maker is being sold - in particular:
Experience the luxury of a chaffeur driven bentley to your chosen restaurant or have a tour of the cornish coutryside. All for free!
So the buyer of this place had better have a Bentley and someone to drive it, preferably in uniform, for those holiday makers who have already booked whilst this promise is in place.... and yes it looks like quite a few bookings have been accepted for 2008 making it an interesting going concern... just one I don't think our Vauxhall Meriva can live up to! (The new owner might like to correct the spelling mistakes on the website too :-)
  • Pluses - two holiday cottages each with hot tubs, a recently restored 4 bedroom main house, nearly 12 acres of land
  • Minuses - main house's bathroom on the ground floor, bedrooms on the 2nd floor; rather closer to the A30 than I'd like (good for access maybe bad for noise)
  • Interesting - those hot tubs cost £10k each and they really want you to know that!
Its worrying that the estate agent describes the main residence as having:
well planned accommodation on three levels and full details of this can be seen on the attached plans.
Since when is having the only bathroom to a four bedroomed house two floors below those bedrooms well-planned? The fact that the agent did not describe the accommodation in more
detail in writing is surely a clue to this big problem in the layout. If I was visiting this property I'd be looking at whether there was any chance of giving up one of the bedrooms and putting in an upstairs bathroom.

Another property: this one is Ralph's Cottage Trenowth Truro currently on at £750,000. It is described as:
An idyllic Grade II Listed Country Cottage set in a rural hamlet and presented to a high standard. The property has a detached barn with 12 month holiday usage, a detached triple garage block, separate detached garage and a further barn. It sits in established mature gardens with lawns, shrub and flowering borders and an orchard and vegetable patch. In all the plot extends to about 2 acres with far reaching countryside views.
However the map shows it as being practically on a railway line - so that idyll will be broken whenever a train goes by... Maps are usually driven by postcode so this may be wrong - lets hope so! The holiday cottage doesn't appear to have a bedroom so is presumably a studio which means sleeping in the same room as the (noisy) 'fridge... therefore not somewhere I'd choose to stay... it also only has a shower, no bath...I bet it doesn't even have a dishwasher, one isn't mentioned - I won't stay anywhere without one, since a self-catering holiday is hardly a holiday if it means doing loads of washing up - and from the point of view of buying it this holiday cottage looks too small to do much with to improve it.
  • Pluses - one holiday cottage, garden plus paddock of somewhere between 1.5 and 2 acres, the main house
  • Minuses - near to a railway line, holiday cottage without even 1 separate bedroom
  • Interesting - it says there are "splendid rural views" but no examples are shown

Daisy's Barn and Toffee Barn,Trevigro, Callington, Cornwall currently on at £650,000. Here the problem seems likely to be the property that isn't included in the sale - "A further adjoining two cottages with full residential planning permission in 1.6 acres are also available by separate negotiation". They get access over a bridge that belongs to this property. Clearly these are being split off to increase the chances of sale but given that they are all together at the moment they probably function better that way... (I don't know the properties this is just my "reading between the lines").
  • Pluses - a 2 bed holiday cottage, 4.4 acres, the main house is a barn conversion with lots of accommodation on the ground level
  • Minuses - split-level in living room, restricted headroom in upstairs rooms. Holiday cottage has a bedroom without a loo on the same level. Those other nearby properties.
  • Interesting - River Lynher frontage - this might be good or bad - depends on flooding...

Sunday 25 November 2007

Padstow


Many people now associate Padstow with Rick Stein and the lack of lobsters available locally since he ate them all! Maybe I've got that slightly wrong... I don't eat lobster myself... ;-) It does seem to still be a working fishing port so there must be some fish left.

Cornwall's north coast beaches seem to also be good for surf - but again that's something else I don't actually do - though its wonderful to watch (for a short while!).

Padstow looks photogenic.

There are currently 61 properties on rightmove in Padstow. (N.B. There are several that are the same property on with different agents - no idea how many distinct ones there are.)

I'm not getting an urge to live there right now - but then I've not visited it yet...

Saturday 24 November 2007

Looking in the Papers - The Cornishman


Although searching for property has become easier with the web I still like to look in the property section of local papers. To get The Cornishman delivered for 3 months ring (01872) 247521. It covers Penzance, St Just, St Ives, Hayle.

There are several reasons I like this -
  • One is seeing all the bad copy - I find it amazing that so many estate agents don't proof read their copy properly and put in poorly worded, expensive, adverts week after week - but then maybe they do it on purpose to get my attention... though really more information would be better!
  • Another is seeing things side-by-side and in areas that might not have come up on my searches.
  • And of course there is the sheer hardcopy aspect. With a paper copy I can make a scrapbook or collage together an "ideal" dream house.
So first here are some of the mistakes of the week:
  • (This Is A General View of The Building And Does Not Necessarily Show The Apartment In Question) - well does it or doesn't it? Probably not, so why show me it then... hmm...)
  • A delightful conversion of an old cottage - looks like its a conversion of a cottage into a cottage...
  • SPECIAL PRICE FOR 1ST DECEMBER ONLY - does anyone fall for that? If they are this desperate to sell and didn't get a buyer on the 1st, the seller will probably take even less on the 2nd...
  • A viewing of this property is strongly recommended to fully appreciate - well I wasn't going to buy without looking first... does this mean they couldn't take decent photographs? Maybe they ought to go back when the sun is out and try again...
  • To be sold by Auction.... on Thursday 1 November 2007 - obviously it didn't sell... so why not update the ad before putting it back in three weeks later?
Now on to actual properties that look interesting:
  1. Near St. Just - Converted chapel - 3 bedrooms, 2 receptions, 2 bathrooms - For Auction 7th December 2007 - GP £200,000 (link not working - 13/12/07) (no GP in paper, this is from web)
  2. St Ives - Semi - 3 bedrooms - 100ft rear garden - OIRO £250,000
  3. Penzance - 4 bedrooms, 1 reception - Asking price of £325,000
  4. Goldsithney, Penzance - Single storey detached barn & 1 bed annexe - 4 bedrooms, 2 receptions, 1 bathroom - Asking price of £515,000
  5. Porkellis, Helston - Detached Farmhouse - 3 bedrooms, 2 receptions, 1 bathroom, 4 granite barns, 15 acres - Asking price of £550,000

Friday 23 November 2007

Snapshot of property - St.Ives Houses


There are over 100 properties available in St. Ives via rightmove, and I am in any case wondering about properties near but not necessarily in the town. So unlike the exhaustive posting I did for St. Mawes this will be just a few that have caught my eye.
  1. Detached House, Lelant - 4 bedrooms, 1 reception room, 2 bathrooms - Asking price of £399,950 (noticed that its marked SSTC - 31 dec 07)
  2. 3 New Eco-Semi-Detached House, Tom's Yard, Consols - 3 bedrooms, 3 reception rooms, 3 bathrooms - Asking price of £400,000, £400,000, £400,000, £400,000
  3. Detached House, Lelant - 4 bedrooms, 3 reception rooms, 2 bathrooms - OIEO £650,000
  4. Detached House, Church Lane, Lelant - 4 bedrooms, 3 reception rooms, 3 bathrooms - OIEO £850,000
  5. Detached House, Carbis Bay - 3 bedrooms, 1 reception room, 2 bathrooms - OIEO £850,000 (noticed that its marked SSTC - 31 dec 07)

Thursday 22 November 2007

St. Ives


St Ives is a wonderful mixture of art and surf. Barbara Hepworth's house and garden and the Tate at St. Ives, not to mention all the artists currently living there - go in September to see loads of open studios, during the 2 week long festival which includes music as well as art events.

In many ways this would be my first choice of place to live - the only drawback is just how popular and busy it gets. Also the problems of driving in it let alone parking... It is also extremely expensive. Oh and how steep it is - if one lives up the top its a long and steep way down to the beach.

Snapshot of property - St. Mawes

1. IMG_4588, 2. St.Anthony's Head, Cornwall, 3. IMGP2094, 4. 2007-08-11 Mylor - Helford sail 2 04, 5. Porthbeor Beach 2, Roseland, Cornwall, 6. Pendennis Castle, 7. IMGP2110, 8. St Mawes, 9. DSC_0073.JPG, 10. Petrol pump, 11. St. Mawes Castle, Falmouth, 12. DSC_0071.JPG, 13. St Mawes Cornwall
I've done a quick scan of the properties for sale today in St. Mawes via primelocation and rightmove. I've attempted to present the info in uniform manner but may have got it wrong - check the links to find out what the agents have actually said!
  1. FF Apartment - 2 bedrooms, 1 reception room, 1 bathroom - £235,000, £230,000
  2. Apartment - 2 bedrooms, 1 reception room, 1 bathroom - OIRO £300,000
  3. Apartment - 2 bedrooms, 1 reception room, 1 bathroom - OIEO £305,000
  4. Detached Bungalow - 4 bedrooms, 2 reception rooms, 2 bathrooms - Asking price of £319,950
  5. New conversion Apartment - 2 bedrooms, 1 reception room, 1 bathroom - Asking price of £325,000
  6. Mid Terrace? - 3 bedrooms, 1 reception room, 1 bathroom - Asking price of £330,000
  7. Detached Bungalow - 3 bedrooms, 1 reception room, 2 bathrooms - Asking price of £395,000
  8. New Apartment - 2 bedrooms, 1 reception room, 2 bathroom - Asking price of £395,000
  9. Detached Barn - 1 bedroom, 1 reception rooms, 1 bathroom - Asking price of £399,950
  10. End of Terrace - 2 bedrooms, 1 reception rooms, 1 bathroom - Asking price of £425,000
  11. FF apartment - 4 bedrooms, 1 reception room, 2 bathrooms - Asking price of £525,000
  12. End of Terrace - 2 bedrooms, 1 reception rooms, 1 bathroom - Asking price of £550,000
  13. GF Apartment - 3 bedrooms, 3 reception rooms, 1 bathroom - Asking price of £650,000
  14. Detached House (+ Annexe) - 4 bedrooms, 2 reception rooms, 3 bathrooms - Asking price of £659,000
  15. Detached House - 4 bedrooms, 3 reception rooms, 4 bathrooms - Asking price of £745,000
  16. Detached House - 4 bedrooms, 2 reception rooms, 2 bathrooms - Asking price of £795,000
  17. Detached House* - 4 bedrooms, 2 reception rooms, 3 bathrooms - Asking price of £925,000 (b,c,d)
  18. Detached House - 4 bedrooms, 2 reception rooms, 3 bathrooms - Asking price of £1,250,000
  19. Detached Bungalow - 4 bedrooms, 2 reception rooms, 3 bathrooms - Asking price of £1,450,000
  20. Detached House - 4 bedrooms, 2 reception rooms, 2 bathrooms - Guide Price of £1,500,000
Looks like a pricey place to buy in... £230k ish for a flat with a kitchen you can't even turn around in?

Christmas Special!


Maybe houses aren't shifting very fast even in St. Mawes.

A bunglaow is currently on at £1.45 million and they are encouraging people to offer with this suggestion:
Christmas Special! Try an offer!! A price discount may be considered for those who can exchange and complete by 31st December 2007.

Though I bet they are still hoping for well over a million!

Wednesday 21 November 2007

St. Mawes

my crop of "IMGP2192" by richardk

This looks like a beautiful place to holiday in. Whether it would be good to live there is not so obvious.

Ideal for people with small boats. Lots of chances of sea/ river views. Some beach though the harbour is more obvious.

Expensive...

One of the (expensive) estate agents, Savills, describes it thus:

St. Mawes is centred around its small stone harbour and has its own beaches, sailing club, moorings, castle and a handful of good pubs and restaurants, including of course, Olga Polizzi's Hotel Tresanton, which continues to lure the rich and famous.

"Passing St Mawes Castle" by Drewhound