3-bedroom house · PL12 6UY
Listing removedListed 96 days
Opportunity summary
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About
Approached via a winding road through an idyllic forest, this 3 bedroom (all en suite), detached, reverse level holiday property is one of only 20, being individually located within a beautiful sheltered valley.
Oakridge is an exclusive private estate of around 39 acres set on the southern edge of St Mellion Golf & Country Club.
This charming lodge style property is for holiday use only and cannot be used as a main residence.
Available fully furnished and equipped, the property is perfect for those wishing to take advantage of the leisure and golf facilities at the renowned St. Mellion International Resort.
Boasting a great degree of character, the property is an ideal second home, bolt hole, romantic retreat, or indeed ideal for holiday letting.
The ground floor comprises three bedrooms, there are 3 en-suites, one with bath/shower and two with separate showers.
The first floor offers a breathtaking open plan, light and airy, living area incorporating a lounge with open fireplace, dining area and kitchen.
This triple aspect room has a partial vaulted ceiling with exposed A frame, a stable door gives access out to the rear and French style doors open out onto a balcony from where the peaceful surroundings can be fully appreciated.
The Property Entrance UPVC double glazed front door with matching sidescreen opens into the ground floor hallway.
Hallway Stairs rise to the first floor and doors give access to the three bedrooms and understair storage cupboard.
Bedrooms Bedroom 1 has French style doors overlooking the front, built in wardrobes and a door to an en suite bathroom.
Bedrooms 2 and 3 are both located with windows overlooking the side and have en suite shower rooms.
First Floor An impressive light and airy, triple aspect, room offering living room, dining and kitchen areas.
French style doors give access out onto the balcony, and glazed units extend across the front elevation.
There is a stone fireplace, stable door giving rear access to a walkway and the kitchen is fitted with a range of base and wall mounted units, working surfaces, inset sink and drainer, built in oven and grill with hob and extractor hood over, dishwasher and washing machine, upright fridge/freezer.
A door gives access into a walk in store/boiler room housing the oil fired boiler and storage cupboards.
Outside There are lawned areas encompassing the property, plus a paved terrace to the front perfect for al fresco dining and room for bench seat to the rear. The oil tank is locted to the rear.
There are attractive mature communal gardens to one side of the property. Material Information Tenure: Leasehold – 999 years from 1998.
The Freehold of the development is owned by osmf limited which comprises the 20 current owners.
Ownership of this property gives the new owners a one twentieth share of this beautiful 39 acre woodland site.
There are various covenants listed within the lease, a copy of which is with the selling agent.
The Oakridge estate is designated as of “great landscape value” medieval woodland and lies just outside the boundaries of the Tamar Valley Area of Outstanding Natural beauty.
Service charge - April 2026 - March 2027 £322 per month, covering all estate grounds management and repairs, buildings insurance, tv licence and window cleaning plus provision for significant projects.
The property is subject to council tax unless let throughout the year, which if this were the case small business rate relief could be applicable.
Local Authority: Cornwall County Council Council Tax Band E This property is exempt for the second home premium as (truncated)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 17, Oakridge, Saltash
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