5 Bed Detached House, Motivated Seller, Minehead, TA24 8PS, £500,000

DOVERCOURT HOUSE High Street, Minehead, Somerset, TA24 8PS - 25 views - 3 years ago

Motivated
BTL
~346 m²
+16 photos

ValuationUndervalued

Sold Prices£295K - £810K
Sold Prices/m²£2.2K/m² - £5K/m²

 

 

Square Metres

~345.97 m²
Price/m²£1.4K/m²

Value Estimate

£615,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

No enough data locally

Rent Estimate

~£654

Running Costs/mo

£1,713

Cashflow/mo

£-1,059

Cashflow/yr

£-12,712

Gross Yield

2%

Local Sold Prices

6 sold prices from £295K to £810K, average is £667.5K. £2.2K/m² to £5K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£640K06/210.08 miBen Madigan, The Drang, Porlock, Minehead, Somerset TA24 8LF4
£295K11/200.18 miHillside, High Street, Porlock, Minehead, Somerset TA24 8PY4
£705K12/220.28 miUnderley, Doverhay, Porlock, Minehead, Somerset TA24 8LL4
£810K05/210.32 miThe Firs, Redway, Porlock, Minehead, Somerset TA24 8QF4
£602K06/210.4 miDolphins, Toll Road, Porlock, Minehead, Somerset TA24 8JH4
£695K11/210.57 miAmberley, Bossington Lane, Porlock, Minehead, Somerset TA24 8HD4

Local Rents

Not enough data

Local Area Statistics

Population in TA24

18,659

Town centre distance

5.48 miles away

Nearest school

0.10 miles away

Nearest train station

14.68 miles away

 

 

Rental growth (12m)

+49%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £500,000

September 30, 2022

Sold for £335,000

2002

Sold for £195,000

1998

Floor Plans

Description

  • In the Exmoor National Park +
  • Stunning Period Home +
  • 5 Double Bedrooms +
  • Central Village Location +
  • Delightful Gardens with Grow Your Own Space +
  • Close to all amenities +

MOTIVATED VENDORS
Substantial period property at the heart of the historic coastal village of Porlock. Boasting off-road carport parking and generous walled gardens with potential to operate as a tea garden, subject to the necessary consents.

DESCRIPTION
Dovercourt House is a fine period home of immense charm and character, offering substantial accommodation extending to approximately 3600sq ft and delightful large walled gardens. The property lends itself to multi-generational living and has in the past been subdivided into multiple properties. Offering scope to improve and also business potential (subject to the necessary consents) due to its incredibly prominent position at the heart of this bustling coastal village.

ACCOMMODATION
The spacious and characterful accommodation briefly comprises; glazed entrance porch to entrance hall with stairs to first floor and doors to kitchen/breakfast room, dining room and rear hallway. The kitchen is fitted with traditional painted cabinetry with a central chimney with recessed traditional stove. The dining room is a delightful front aspect room with views of the village and a central fireplace with inset wood burning stove. The rear hall provides access to the study/home office, downstairs WC and principal reception room with central fireplace and doors onto the garden. Also found on the ground floor is a utility/laundry opening onto a courtyard and a games room/potential secondary kitchen with access into a conservatory. The first floor opens to a split level landing, one level providing access to the three front elevation double bedrooms, WC and separate stairs to the loft space. The three front elevation double bedrooms are a generous size, one with ample built in wardrobes, one with unique square walk in bay window commanding excellent views of the village, the third enjoys a private balcony with views over the walled garden and village beyond. The other landing area opens to the substantial family bathroom and two en-suite bedrooms, one being the principal bedroom with walk in wardrobe and luxuriously appointed en-suite. There is a large boarded loft accessible from a staircase providing easy access storage. While the property is a family home there are aspects that would benefit from improvement.

SERVICES & OUTGOINGS
Mains water, electricity and drainage. Oil fired central heating.
Somerset West & Taunton Council tax band F
EPC Rating E

SITUATION
Porlock is a charming village which lies between Exmoor and the sea, sheltered by picturesque hills and within the Exmoor National Park.  The village has an excellent range of everyday shopping facilities with the quaint hamlet and harbour of Porlock Weir approximately two miles away.  West Somerset’s premier coastal resort, Minehead has a more comprehensive range of facilities and is approximately six miles, and the County town of Taunton which has mainline rail connections and access to the motorway network is approximately twenty six miles.  For those who enjoy exploring the countryside, the Exmoor National Park, Brendon and Quantock Hills and many other renowned beauty spots of the areas are all close at hand.

GARDENS & GROUNDS
The property offers a rare opportunity to acquire not only a substantial house but also a sizable traditional walled garden in the heart of the village with an array of mature specimen trees and shrubs. There is also a kitchen/fruit garden and separate courtyard area.  The gardens offer scope to run a tea garden business or similar (subject to the necessary consents) due to the prominent location in the village. Beyond the garden is a traditionally built carport providing off road parking for up to three cars.

Agent Details

Greenslade Taylor Hunt, Minehead

01643 802299

Next Steps?

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