There are many luxury residential developments popping up all over the South Hams, given its Area of Outstanding Natural Beauty status and fabulous coastal location. All are delightful without a doubt, but most are powered by large developers who may not be in a position to provide an individual, personal service to their buyers. Not so at The Yealm in Newton Ferrers. This development is as unique as the former Victorian hotel at its heart.
Here are six reasons that set The Yealm apart:
1. The location
Where else can you gaze out on to a stunning, tranquil natural harbour, surrounded by ancient woodland and watch the seasons change with the colours of the trees? Each and every home has beautiful views over the harbour, not just a select few. All the homes also benefit from an extensive private woodland with a woodland garden seating area and woodland walk, a private shared jetty with direct access to the water and private parking on site.
2. The heritage
As well as the beautiful views, you will also be living in or next to a historic local landmark. The former River Yealm Hotel was opened in 1898 and originally a branch railway line was planned to bring guests right to the front door – but the line was never built. Instead a steamer transported people to the hotel jetty and ever since, those who sail into the Yealm Estuary will be familiar with the building. The hotel is being sensitively restored and transformed into six two-bedroom apartments. They are very grand, making the most of the high floor-to-ceiling heights and the wonderful views. Two new wood, zinc and render contemporary buildings comprising four apartments each and one stunning three-bed house are also being built.
3. 999-year leases
All the apartments are being sold on 999-year leases with a share of freehold and a “peppercorn” or negligible ground rent. The norm is for 125-year leases with escalating ground rents, but we want to hand over security of tenure and control to the owners. Harbour Edge will be sold freehold and is not subject to ground rent.
4. Enhanced acoustics
Every apartment has higher-than-usual acoustic regulations to reflect the luxury nature of the development so your home will be a calm, relaxing place to be. We have made real efforts to obtain very high standards of acoustic sound insulation for both airborne and impact sounds and are aiming for a significant improvement of between 5 and 8dB over building regulation standards.
(Outline acoustic design intent)
5. Management company membership
All owners will be shareholders in the management company, which means they have full control over budgets and what is spent – peace of mind, alongside your little piece of real estate heaven! The service charge is broken down into each set of buildings and then common grounds, which include the entrance driveway, woodland and jetty. For example, because the lift only serves the six apartments in the Main House, other owners will not be asked to contribute to the costs of maintenance of the lift. Similarly, building insurance is broken down into each separate building. The freehold Harbour Edge has a more limited service charge contribution, which relates only to upkeep on the common driveway, woodland and jetty.
6. Personalised customer service
Red Earth owner Simon Friend personally oversees every aspect of the development, sales and initial management so you can expect individual care and attention when it comes to purchasing your new home.
Why not further explore our stunning waterfront homes? View and download the Yealm brochure at www.theyealm.co.uk/brochure/ for details on the plans and key features of each property.
To book an off-plan viewing with Simon, please contact Marchand Petit on 01752 873311 or email theyealm@marchandpetit.co.uk. Interest in the Yealm is gaining momentum so get in there quick!
