Tuesday 23 February 2016

A property which will exceed your expectations


Hazelbrook has been upgraded by the current owner to provide beautifully presented flowing accommodation. We consider it to be the best of its type available in the area. The charming exterior has kerb appeal and the cottage style porch and solid door with leaded light set the scene for what is to come. The attractive hallway has solid wooden flooring which extends through most of the ground floor, which is tastefully decorated and inviting. The  farmhouse style 
kitchen is well equipped and totally in keeping with bespoke units, Range inset 
into an ornamental inglenook and space for a good sized table. 
The main living space opens from the kitchen and is well proportioned yet cosy, one can imagine talking long into a winters night with friends here in front of the log burner. Alternatively you might wish to pass through the lounge to the beautiful Victorian style conservatory or a few steps further to the charming cottage garden, where the brook which from which the cottage takes part of its name forms the natural rear boundary. Additional functionality is added to the ground floor accommodation by a further reception room which has been variously used as library, office or good sized fourth bedroom. There is also a utility room and stylish cloakroom/w.c. Although cottagey in style the first floor accommodation is spacious, light and airy. All three 
bedrooms are good doubles and decorated to a very high standard. The enticing master bedroom has an impressive en suite shower room and country views to fields. The complementary family bathroom is impressively well-appointed with such features as a claw footed roll top bath.

 Throughout the property has interesting features, relating to different eras, which have been retained and/or added. From aged beams to tiled and cast iron fireplaces and immaculate rough plaster, each adds to the ambience and sense that great thought and consideration has been given to the care of the property over the years. If you are looking to buy a cottage you should aspire to one that has been kept in the way this one has. Here you will find the perfect balance of old-world charm and all the convenience of modern living. This not only applies to the house but also the location. Combe-in-Teignhead has a popular country pub, church and active village hall, it also benefits from a popular waterfront pub restaurant a short distance away. Approximately three miles are all the facilities of Newton Abbot, including the mainline railway station, where you can easily join the A380 and travel onward to the M5. The popular estuary village of Shaldon is also just two miles away with its selection of pubs, restaurants shops and active community many of whom take part in sailing, rowing, watering skiing and other marine pursuits. This property would make the perfect rural home or weekend retreat and has previously generated considerable income as a high end holiday let. Our opinion is that this property is top of its class and will be appreciated by those seeking uncompromising quality. Additional Land. Coast and Country are currently marketing an additional parcel of land with planning permission for a small residential dwelling. For the right buyer this land would perfectly compliment Hazelbrook Cottage. Further details are available upon request.






 www.cacia.co.uk  |  01626 366966  |  sales@cacia.co.uk





Thursday 18 February 2016

Higher Rates of Stamp Duty Land Tax (SDLT) on Purchases of Second (and Subsequent) Residential Properties May Impact Wider Property Market

According to a recent estate agency survey, the proposed increase in Stamp Duty Land Tax on purchases of second and subsequent residential properties, may impact local property markets. 

In a national survey conducted amongst its members, Relocation Agent Network found 74% of respondents indicated that the proposed increase in Stamp Duty on purchases of second residential properties, may impact their local property market. When asked to elaborate on what kind of impact this will have, two thirds suggested that the number of buyers entering the market may decrease. However, the government has stated that it estimates around 90% of residential property transactions in England, Wales and Northern Ireland will not pay the higher rates of SDLT. 

Impact on Rentals 
The national network of independent estate agents also asked its members whether they anticipate a rise in rental rates in the long term, because of the added Stamp Duty cost to landlords. Indeed, 61% said ‘yes’. The most significant trend that Relocation Agent Network members anticipate from the proposed increase in Stamp Duty rates on purchases of second properties, is the ‘decline in available rental properties’. Indeed nearly half (45%) of respondents indicated so. This would appear to be due to the increased Stamp Duty costs deterring both prospective buy-to-let investors from entering the market and current landlords from purchasing additional rental properties. 

Background Information
On 28 December 2015, the government published an open consultation on higher rates of Stamp Duty Land Tax (SDLT) on purchases of second and subsequent residential properties. This consultation closed on 1 February 2016. It is proposed that the higher rates, which will apply from 1 April 2016, will be three percentage points above the current SDLT rates and will be charged on the portion of the value of the property that falls into each band. 

Michael Griffiths from Coast & Country Estate Agents, the member of Relocation Agent Network in Teignbridge said, “Although we expect these new measures will have some impact on the market, we do not think they will be too significant for the majority of buyers and sellers. If you have a property to sell, contact us today. We’re Relocation Agent Network’s appointed Local Expert for Newton Abbot which means we have access to out of town buyers moving into the area.” 

About Relocation Agent Network. Relocation Agent Network is a national network of specially selected estate agents. All members are handpicked after thorough checks identify them as the best estate agent to represent Relocation Agent Network in their area. The Network provides coverage throughout England, Scotland and Wales. Relocation Agent Network is a division of Cartus, the premier provider of global relocation services, with nearly 168,000 customers moved worldwide every year. In the UK, Cartus uses Network members to buy and sell homes for these relocating families. As well as relocating families moving with Cartus, Relocation Agent Network helps house movers in other parts of the country by referring buyers and sellers from one area to another. 

www.cacia.co.uk  |  01626 366966  |  sales@cacia.co.uk