Getting nominated for the Sunday Times Top 50 Holiday Lets is quite a coup, particularly when you don’t even know about it. But that’s what happened to this fantastic converted outbuilding in the Lake District; news of its cosy environs had spread, and the owner got a phone call out of the blue, saying they’d made the grade. Cue even more bookings.

Peasecroft exterior

Peasecroft generates an annual income of about £45,000, finding favour for marriage proposals, honeymoons and as a retreat for writers – or anyone – looking to get away from it all. It’s a particularly romantic hideaway that has planning permission for a low impact holiday let, which means the owner can also stay there for up to 8 weeks every year. Future guests may well include the current seller who is “sad to see it go but will certainly return as a guest in the future as I’ve got some really special memories with my husband and child.”

As an investment, Peasecroft comes ready to go. All the contents are high quality, immaculate and included. There’s bespoke furniture made by a “brilliant local joiner”, a Bose sound system, oak floors, Egyptian cotton bedding, and Sophie Conran crockery. You can even keep on the “amazing” housekeeper and maintenance man, and, if you want absolutely everything done for you, the current owner will continue managing the property on your behalf. Or you can do it yourself with their helpful guide on the best marketing techniques and how to continue their success.

Peasecroft living room

Set in six-and-a-half acres, Peasecroft sits between lake and peak, looking out towards Coniston Water from the front, and looked down upon by The Old Man Mountain from behind. There are beautiful views out of every window and it’s just 5 minutes down the hill to the village of Coniston and, naturally, the pub.

Peasecroft has been in the same family since it was built, although the building was used purely for storage until about 18 months ago, when planning permission was gained for its current use and a full refurbishment programme initiated.

“The interior is so calming. It’s incredibly cosy in winter and when you open the doors in summer, you feel like you’re outside. It works brilliantly in all seasons.”

Peasecroft view

Manchester Airport is about 90 minutes by car, with Liverpool even closer. Direct trains to London run from Windermere or Oxenhome, about 40 minutes drive away.

Peasecroft is for sale at £465,000. Click here for more information.

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UMM-JULY-2015
As we came out of the summer months the main priority for us was to increase the stock levels that had been severely depleted over the last quarter. With the combination of house prices rising and the summer coming, we’d been suffering from the effects of selling most of what we’d got, while finding it hard to convince people to put their property on the market in the run up to July/August and the thoughts of holidays.

However, there are very strong signs now that sales prices are levelling off. That news has drifted fairly rapidly through to sellers and they’ve finally begun putting their homes on the market. Plus it was September, traditionally one of the busiest months for new properties coming onto the market, and these two factors combined to make the month a bumper one for new instructions. We’ve also been contacting everyone we know that’s expressed an interest in selling to see if we can’t get them moving.

Some slight operational changes here have seen Lewis McKale take over the mantle at Unique Property Company, while Simon Stone shifts his entire attention to our sister company Davey Stone. There’s been a natural shift toward this over the course of 2015, not particularly planned but nonetheless an organic change that seems very right and gives each company a single figurehead, which is no bad thing. Previously Lewis and Simon had been working alongside each other in both companies, but there is definitely something focussing about Davey Stone and Unique Property Company each having their own captain at the helm.

Business wise, among the sales and lets in September we were delighted to agree terms at £925,000 on the live/work house at the artisan mews Havelock Walk in Forest Hill SE23, and to get away a 1 bedroom apartment for rent over in Chelsea at Gloucester Street for £325 per week.

For every rental property we get, we could let it roughly 15 times over with the amount of enquiries coming in from some really very good tenants. But alas there is such a low level of availability right now as selling takes over in the minds of owners. This is forcing tenants into the regular lettings market as the realisation hits that finding a unique space to rent in London at the moment is nigh on impossible.

However, as we enter October with stock levels of property for sale finally rising, plenty of motivated buyers getting in touch and prices no longer running away with themselves, we expect a pretty decent month ahead and look forward to reporting that in our next monthly musing.

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