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8 bedroom detached house for sale
The Old Mill, Hessenford, Torpoint, Cornwall PL11 3HL
£475,000
The Old Mill, Hessenford, Torpoint, Cornwall PL11 3HL
£475,000
Our Summary
- For Sale by Unconditional Livestream Auction Tuesday 03/12/24 at 14
- A residential development/investment opportunity for a former B&B and derelict property, all set in just under an acre of grounds
- Residential Development Opportunity
- A former successful bed and breakfast which now requires renovation, the property offers a main house with four bedrooms and three apartments attached, perfect for bed and breakfast or long term lets
- The accommodation is spacious and versatile and sits on just under one acre of land with a sweeping driveway, two mill leats and a further disused property that once was an electric mill and offers further potential for development (subject to necessary consents)
- AUCTIONEERS NOTE The lot comprises of a four bedroom family home over three floors, a self contained three bedroom apartment, a self contained two bedroom apartment, a self contained one bedroom apartment and a derelict former electric mill with development potential (subject to consents)
- VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction
- Please telephone Auction House South West T: to request a viewing
- NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction
Description
This former bed and breakfast, The Old Mill, is a unique development opportunity situated in Hessenford, Cornwall. Dating back to the 13th century, the property features traditional characteristics, including a flour mill wheel, and offers spacious and versatile accommodation with four bedrooms, three apartments, and a sweeping driveway. The property sits on just under an acre of land with a mill leat and a disused former electric mill with potential for development (subject to necessary consents). The B&B, when operational, achieved an income of approximately £700-£1000 per apartment per week, making it a superb investment once renovation works are complete. The property is located near the popular village pub, The Copley Arms, and opposite the Seaton Valley Countryside Park, offering beautiful walks to Seaton beach. Regular block viewing sessions will be provided before the auction, and the property will be sold by unconditional livestream auction on December 3rd, 2024.