Rural and coastal real estate is soaring during a pandemic as people want more space.
This means that the values have increased significantly in these areas as demand has outstripped supply.
As a result, it was difficult to buy at some of these locations. So it may be surprising to find a local property that is cheaper than expected.
Focus on several refurbishment projects, including this one in Cornwall (scroll down for more information)
We looked for some examples of properties listed on the website OnTheMarket, which are located in desirable coastal and rural locations such as Cornwall and Devon and are priced between £ 240,000 and £ 500,000.
However, all buildings are in serious dilapidation as they are renovation projects that require deep pockets to turn them into livable family homes.
1.5 Bed House, Cornwall, £ 500,000
this Cornwall Grade II Listed Building Renovation Project Once a monastery, it could be transformed into a adaptable home.
It is believed to date back to the 16th century and is 2.4 km (1.5 miles) from the village of St. Keburn near the town of Helston.
This Grade II designated refurbishment project in St. Kevern, Cornwall is priced at £ 500,000 through a Clive Pearce real estate agent.
The property needs renovation and has a partially refurbished annex and studio with less than 3 acres of land.
Formerly a monastery in the 1500s, it now has a lounge, kitchen, dining room, utility room and entrance hall leading to the cloakroom on the ground floor. It needs to be completely refurbished to be habitable.
On the second floor, there are 5 bedrooms in addition to the bathroom and shower room.
The outdoor space boasts an impressive 2.7 acres of vineyards beyond a walled garden. This is a feature that appeals to buyers during the past year’s pandemic.
The property is believed to date back to the 16th century and is 2.4 km (1.5 miles) from the village of St. Keburn near the town of Helston.
In addition to the main accommodation, there is a separate studio and a partially refurbished annex, providing additional space for new owners to use as they see fit.
Helen Whiteley of OnTheMarket said:
Clive Pearce, a real estate agent bearing the name of Truro, said: From the exposed wooden ceiling beams to the exposed bricks inside, this farmhouse is certainly full of personality.
“There’s a lot to do, but this almost blank canvas offers a lot of potential for new owners to actually turn their properties into their own cornish paradise surrounded by plenty of outdoor space.
“The beaches of Portaro and Porthastock are just 2.4 km away, making this a perfect place to enjoy a quiet country life.”
2. One Bed House, Devon, £ 240,000
This Grade II thatched cottage is located in the village of Lynton on the Exmoor coast of North Devon and sells for £ 240,000 via the Exmoor Property.
The stable-style front door on the ground floor leads to a cozy living area and an open-plan kitchen space.
The village of Lynton on the Exmoor coast of North Devon has this fascinating place. Thatched roof cottages in Grade II listed buildings -Although this may mean some challenges with respect to certain aspects of the refurbishment.
The almost fairy-tale look boasts a lot of personality, as its unmistakable charm certainly gives a warm first impression.
Inside, the almost blank canvas is ready to be refurbished to the new owner’s unique style.
On the ground floor, a stable-style front door leads to a cozy living area and an open-plan kitchen space, behind which is a room ready to transform into a bathroom.
On the ground floor, on the other hand, there is a large enough master bedroom with a French door, and there is a possibility that a balcony can be placed behind it.
Not only does the cottage benefit from outdoor garden space, but it is also a short distance from Exmoor National Park, making it an ideal place for long walks with views of the wasteland.
Helen Whiteley said:’This distinctive one-bedroom hideout could be an absolute gem in your right hand. Its bijou charm, its wonderful location, and its very private gardens are all very popular with people seeking a second home or commercial opportunity.
Greg Lang of Exmoor Property Lynton. Said that it is handling the sale of £ 240,000 real estate:’This real estate has a real’wow’element. It’s like someone dropped Hansel and Gretel’s cottages in Exmoor National Park.
“Once the builder’s” first fix “has been completed, new owners can stamp their interiors with their own stamps to make this property a unique retreat for them or to spend a profitable vacation. “
3. Farmer, Wales, £ 250,000
This traditional Welsh farmhouse is located in the village of Redroser in Llanrhystud and sells for £ 250,000.
Please bid! By noon this Friday, the best offers have been invited through real estate agent Morgan & Davies.
“Space competition” in the midst of a pandemic: Accommodations enjoy vast countryside with a glimpse of the distant ocean
Located in the village of Redroser in Slan Rustide, in a valley surrounded by mature trees. Traditional Welsh farmhouse Ready for complete refurbishment.
In addition to benefiting from 14.3 acres of pristine land, this property enjoys countryside views and a glimpse of the ocean.
Currently, the property is an ambitious refurbishment project, with two rooms on the ground floor with an original fireplace and a former bedroom.
In addition to the main farmhouse, there are separate stone and slate barns that provide additional storage space or other additional living space, subject to the consent of the required plans. There is no main service connected to the building, but there are old wells and some natural hot springs on the other side of the adjacent land.
Helen Whiteley said:’This property is really a blank canvas and is a great opportunity for buyers looking for a property that needs a complete refurbishment.
Farmers benefit from a private location, but everything they need, including schools, small supermarkets, golf courses and leisure centres, is available in the nearby coastal village of Llarnrhystud.
“This means that new owners will benefit from both a stunning hideaway location, yet with amenities nearby and a hard-to-find combination.”
Dylan Davies of Aberaeron’s Morgan & Davies said: Owned after refurbishment.
“Farmers are a really rare opportunity to buy traditional country real estate that can be transformed into a dream country house for new buyers, and definitely a must-see opportunity.”
Choose some refurbishment projects in rural and coastal locations
https://www.dailymail.co.uk/property/article-9691879/We-pick-renovation-projects-rural-coastal-locations.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 Choose some refurbishment projects in rural and coastal locations