Property description
For almost two years Springfields has been running as short term, luxury self-catering accommodation.
Surrounded by acres of breath-taking countryside, Springfields is a modern, luxury holiday home, situated within the prestigious Wellesley Park private estate. The accommodation has been awarded the highest possible rating of 5* Gold by Visit Britain. Close to the beautiful city of Wells in Somerset and with far reaching views across the beautiful English countryside. Facilities include a spa with indoor heated pool, steam room, sauna, gym and library. Wellesley Park estate also has an outdoor tennis court.
The current owners report rental income generated over the last twelve months at approximately a 7.86% yield (assuming a value of £700,000). This figure was achieved while letting the property for just 67% of the year. Thus leaving the property free to be enjoyed as an idyllic second home for the rest of the year.
In order to continue running the property under its current arrangement, it is offered for sale with all the furnishings and chattels in situ.
The existing website will be transferred to the purchaser in order to continue the existing arrangement with relative ease.
Travelling time to London by rail: Castle Cary (11 miles from Springfields) to Paddington from 1h 25mins.
Associated costs and service charges available on request.
Property Features :
- Fantastic investment opportunity
- Sitting room
- Kitchen dining room
- Four bedrooms
- Four bathrooms