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Wed 22 June 2022
Many waterside properties can be unique, but sometimes something particularly exciting comes along.
Tors Park in Lynmouth, “where Exmoor meets the sea”, is a special development and boasts many unique features.
This magnificent cliff-side location is nestled against the rugged Exmoor coastline, with wooded grounds and spectacular panoramic sea views.
This is arguably the largest single residential development project ever in Exmoor. The former landmark hotel has largely been rebuilt, with the new build element retaining the features, grandeur and style of the original Victorian building, whilst being complimented by quality 21st Century refinements.
The 34 apartments offer a choice of one, two or three bedrooms, each with sea and/or river views, private balconies or terraces, allocated parking and use of communal wooded grounds.
With dual planning consent, owners can occupy the apartments themselves or invest in them as holiday lets, with a fully furnished option and the developers’ Holiday Rental Management providing an end-to-end service to take all the hassle out of it for owners.
There has been significant interest to date, with over 40% already reserved. Given the healthy projected holiday rental yields of up to 11.6% based on a cash purchase of a typical unit, many of the buyers are shrewd investors who are attracted by the lucrative returns.
For further information please call 01271 322833 or email email@example.com