Rickard's House and Rickard's Cottage

A fascinating opportunity to completely restore two dilapidated dwellings on a 1.5-acre site in a quiet Cornish hamlet. Joint Agents with Ward Chowen Commerical, Unique Opportunity for Development, 2 Derelict Dwellings Requiring Restoration, Potential to Remodel or Redevelop (STP), Stream-bordered Former Market Garden, Additional Outbuildings, Quiet Cornish Hamlet, 1.51 Acres in All, Freehold / Council Tax N/A. EPC N/A

Situation - This intriguing property is situated in the quiet village of Metherell, located in East Cornwall, on the fringes of the Tamar Valley (but outside of the AONB). The village is served by a public house, and is within easy reach of Albaston and Gunnislake where there are further amenities including two fuel stations, a Co-op mini supermarket and a train station providing a direct rail link to the city of Plymouth. Four miles to the northwest is the town of Callington, offering extensive amenities including two supermarkets and a Secondary School. The thriving town of Tavistock in West Devon lies some 7 miles to the northeast, offering a superb range of recreational, educational and shopping facilities as well as a bustling town centre and popular pannier market. The city of Plymouth is 16 miles to the south.

Description - This property provides a fascinating and incredibly rare opportunity for the restoration of two dilapidated dwellings on a 1.5-acre site. We understand that the site was formerly a market garden although the grounds are now completely overgrown. Originally, the two dwellings on-site were a 4-bedroom detached farmhouse and a 2-bedroom, semi-detached cottage with attached shippen, but these have now been unoccupied for many years. Whilst the envelopes of the two main buildings largely remain, complete restoration within the existing footprints is now required, and, with the relevant permissions, the opportunity to remodel or replace the current buildings also exists. Neither of the properties are Listed. Having two properties in close proximity naturally opens up options for long-term multi-family occupancy of the site or for a home-and-income, holiday or residential letting opportunity.

Accommodation - We believe that the original farmhouse, set back from the village lane, was a four bedroom, square building with two reception rooms, kitchen and family bathroom. The road-facing cottage would have had two bedrooms, two reception rooms, a kitchen and family bathroom. This property also has an attached shippen which, with the relevant permissions, could be incorporated into the living accommodation or adapted for some other use.

Outside - The site amounts to 1.5 acres and is a former market garden, now affording the opportunity to create large gardens to accompany each of the properties. The site is currently extremely overgrown, being primarily made up of light woodland/copse, and has a pretty brook running along its eastern boundary. Several additional outbuildings are located around the site, including a garden store to the front of the property along with a log store/storage building to the side of the driveway. A further stone ruin is located at the rear of the cottage, with a footprint about the size of one room, and may have further potential for conversion into ancillary accommodation with the relevant permissions. A WC and storage building can be found to the rear of the farmhouse.

Services - We believe mains services (water, drainage, electricity) are available nearby but purchasers must satisfy themselves in every respect as to the possibilities for connection.

Agent's Notes - 1. Viewers are advised in the strongest terms that the site in general is unsafe, and we would therefore warn interested parties not to visit the property unaccompanied under any circumstances, and certainly not to attempt to access the buildings. Stags can provide hard hats for site visits and will not liable if access is attempted without first meeting a Stags representative.
2. It is the sellers' intention to insert an overage agreement into the sale. This will be based on terms of a minimum of 25% of the uplift in value for NEW residential development, for a period of at least 25 years. This clause is not intended to be triggered by the restoration of the current dwellings, but would be triggered by the development of new residential dwellings on the site which would significantly alter the value of the site as it is being offered today.
3. Stags are acting as Joint Sole Agents in the sale, alongside Ward Chowen Commercial of Tavistock who can be contacted on .



Marketed by: Stags, Tavistock