Property description
LOCATION
Gullsway Boathouse is located off South Town just five minutes walk into Dartmouth town centre where an excellent range of restaurants, cafes, galleries, independent shops, cinema and arts centre can be found. The town has a vibrant all year round residential community enhanced by visitors from all over the world arriving by land and sea.
| Introduction | This freehold property currently comprises two well proportioned two bedroom apartments. In its present configuration it has traded as holiday letting accommodation providing substantial letting income. The property also has planning permission (see back of brochure for further details) for a further storey to be built onto the existing building. In addition the property enjoys two running moorings (subject to Dart Harbour Authority consent and regulations).
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| Upper Apartment | Entrance door opens to L shaped hallway off which is a large open plan living area which enjoys double glazed sliding doors onto deck area which has superb views over the river towards Kingswear and out past Dartmouth Castle to open sea beyond. The kitchen area is well fitted with units and has a one and a half bowl stainless steel sink, fitted electric hob and oven, plumbing for dishwasher and washing machine. There is a wall mounted Worcester Greenstar HE boiler serving the gas fired radiator central heating system. To the rear side of the property are two double bedrooms both with windows to the small grotto style garden. The bathroom has a white suite comprising bath with electric shower over and glass side screen plus wash hand basin. There is a separate WC.
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| Lower Apartment | Entrance from the terrace through French doors with attractive arched windows to either side. Open plan living area with woodburning stove to complement the gas fired radiator central heating. Well fitted kitchen area has two tone units incorporating a one and a half bowl stainless steel sink, electric hob and fitted oven, dishwasher, refridgerator, microwave and concealed Worcester boiler. Double doors open to the inner hall off which there is a beautifully fitted bathroom with white suite comprising double end bath, corner fitted WC, wash hand basin with fitted cupboard below, corner shower unit the thermostatic valve control. There is also a separate WC. Walk-in store/laundry with plumbing for washing machine, counter work surface with shelving over. Through an attractive stone archway, which formed part of the original boathouse, are the two double sized bedrooms both with fitted mirror fronted wardrobes and one having double glazed door opening to grotto style garden.
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| Externally | The good sized terrace is bordered by a stone built seawall with access to the river via a metal staircase with handrail. From the terrace you can enjoy the ever changing view up to the Higher Ferry and countryside beyond, across the river to Kingswear and out past the Castle to open sea. To the rear off the main access steps, is a small paved sitting area with wonderful views and a small brick built store.
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| Development/Investment Opportuny | Approval was originally granted in June 2005 for 'Alteration and extension to Gullsway Boathouse' to raise the roof to provide a second floor level of accommodation as an extension to the existing Upper Gullsway apartment (SHDC Application No. 15/0285/05/F). Since gaining this approval our clients' ideas changed for the property and subsequent approval was gained for the additional storey to provide a separate two bed apartment thus giving a total of three two bedroom units (15/0904/09/F). This planning approval was renewed in November 2012 (15/0832/12/F). By adopting the current planning and building the third apartment will provide a realistic investment opportunity from the point of view of income potential (through continuation of holiday letting) and also to re-sell as three separate apartments.
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| Moorings | There are two running moorings situated about 15 - 30 metres from the sea wall which are available subject to obtaining the necessary consent from the Dart Harbour Authority. The current cost is approximately £114/year.
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| Large Detached Family Residence | There is the potential (subject to obtaining the necessary permissions/approvals) to turn the property into a large family waterside home. It is within relatively close proximity of the main car park in the town centre where council parking permits are valid.
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| Council Tax | The property is currently commercially rated. The current rateable value is £5,600 per annum.
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| Services | All mains services are connected.
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| Agents Notes | The landing platform by the waterside is subject to an annual fee payable to the Duchy of Cornwall. This is currently approximately £200 per annum.
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| Directions | From our office, head towards the lower ferry and turn right into Newcomen Road and proceed up the hill for approximately 300 metres. From the roadside the property is accessed through a wrought iron gate (clearly marked Gullsway Boathouse) leading to steps down to the property.
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