The rewards of seriously selling waterfront property in Newton and Noss
27th January 2015 | 12:00am
27th January 2015 | 12:00am
The Newton Ferrers office of Marchand Petit reports that is has successfully negotiated multiple sales during 2014 within a very positive market place, across all sectors of the property market, with a significant number of purchasers looking to buy in the village and surrounding areas.
“We are delighted with some outstanding sales achieved within the villages of Newton Ferrers and Noss Mayo,” says Prunella Martin, Director of the Prime Waterfront & Country House Department. “This success during 2014 adds to the outstanding year on year growth seen since the department was established in 2011, which now accounts for 65% of all sales agreed on properties over £750,000 in the South Hams.
“In fact, last year sales on 63 properties in the South Hams area over £750,000 were agreed, the majority over £1,000,000.”
Prunella emphasises how important it is to introduce these sometimes unknown villages to out of area buyers, particularly those looking for properties with direct water access or outstanding water views, across our four coastal offices of Salcombe, Dartmouth, Kingsbridge and Newton Ferrers.
“We are always keen to introduce people to villages they haven’t discovered before and highlight the wonderful lifestyle benefits they provide. Newton Ferrers and Noss Mayo provide direct water access to some of the most stunning coastline in the South Hams and are a safe haven for the cruising yachtsman seeking a hearty meal at any of the three pubic houses and a warm welcome from the local Yacht Club,” she said.
Two recent successful sales were Virginia Cottage and Apple Trees. Virginia Cottage, situated on Riverside Road West, Newton Ferrers, is an outstanding, double fronted, stone, three bedroom cottage with direct water access and parking. The property, renovated to a stunning “Homes & Gardens” standard by the then owner, who is an interior designer, sold very quickly and close to its guide price of £1,200,000.
Apple Trees, with its own quay and situated on Yealm Road, Newton Ferrers, presented a little more of a project for its new owners, requiring some renovation and updating. Once again Marchand Petit secured a purchase price in excess of a million pounds for the owners and the new residents set straight to work making it their own, in this beautiful location.
A third sale was 1 Old Coastguard’s Cottages, an archetypal example of a bolt hole that really captures the imagination. Situated alongside the River Yealm, this delightful Grade II listed cottage offers fabulous views over the deep water pool of the river and can only be accessed from either the coastal footpath or directly from the estuary.
“For buyers seeking peace and quiet, the opportunity to buy this type of property rarely materialises,” says Prunella.
“The property, which was offered at a guide price of £500,000, exchanged contracts between Christmas and the New Year, much to the delight of the new owners.”
Demand for property in prime waterfront locations is so strong that clients are taking advantage of the company’s coastal dominance to sell and buy suitable properties along the South Hams coast from Torquay to Plymouth. Prunella says: “It is interesting to note that 68% of Marchand Petit’s buyers during 2014 came from London and the Home Counties, nearly double that of the previous year.”
Marchand Petit’s specialist knowledge, coastal office locations and extensive database of buyers and sellers combine to offer a unique and unrivalled service.
Stuart Cartwright MRICS, Director of the Newton Ferrers Office says: “I am very positive when I look forward to the year ahead.
“We are expecting strong demand for property within the village and surrounding areas and look forward to achieving gratifying results for our clients”.