30 Spring Lake, GL7 5TH

A beautiful, south facing, 3 bedroom holiday home situated on the popular Spring Lake within the Cotswold Water Park. This property has had new composite cladding, decking and porch fitted, with new glass balustrades fitted to the extended deck. Inside this property is in good condition with extra wide glass, double doors in the living area enabling stunning lake views. Some scope for modifying if desired. The property enjoys southerly views over Spring lake from its interior and the large, extended sun deck, and the good sized master bedroom. Spring Lake has a bar/brasserie and a gym and is popular for the water-ski school there. Ideal as a holiday home investment. 999 year lease and 12 months holiday use. EPC Rating D. Council Tax Band C with option to register on business rates if holiday letting, meaning no council tax would be payable. 

ACCOMMODATION Spring lake 30 has three bedrooms, one family bathroom, one shower room with WC, an open plan living and dining area, and is completed by the galley style kitchen. There is the option to open up the kitchen to make it an even larger open plan room if that is your preference. The extended sun deck is accessed via one set of extra wide, glass, double doors and provides a ample space to sit and enjoy the sun all day long, whilst also taking in stunning lake views. There are steps that lead down to the communal gardens. Good Wi-Fi speeds. Electric heating throughout with recently installed, modern electric heaters.

GROUND FLOOR

LIVING AREA The attractive living/dining area enjoys southerly views out over the water ski lake and comfortably accommodates seating and a dining table and chairs for 6 guests. carpeted flooring in great condition. Access to under stairs cupboard. Access to sun deck.

KITCHEN The galley kitchen is accessed via an arch from the living/dining area and includes a good range of units with a double oven, space for a washing machine, ceramic hob, and fridge. Tile effect laminate flooring, window to front.

CLOAKROOM/SHOWER ROOM Located adjacent to the front door, off of the entrance hall, is a downstairs shower room, with a basin, WC and shower cubicle. Heated towel rail. Tile effect laminate flooring.

MASTER BEDROOM An large, attractive room with high ceilings and full length windows that offer so much light into the bedroom and allows yet more beautiful views across Spring lake. This is a large master bedroom with space for built in wardrobes or an en-suite if desired. Carpeted flooring.

BEDROOM TWO This bedroom comfortably accommodates a double or twin beds. Window to front. Carpeted flooring.

BEDROOM THREE The bedroom accommodates a small double or twin beds/bunk beds. Window to front. Carpeted flooring.

FAMILY BATHROOM The Family bathroom features a basin with storage cupboards below, a WC, and a bath. Heater and Velux window. 

OUTSIDE The newly replaced and extended sundeck is a fantastic size and gives plenty of outdoor entertainment space. The decking is composite and also has newly fitted glass balustrades which look stunning with the lake in the background. The decking is accessed from the living area through a large set of French doors. Parking is outside the front door, where there is space for two cars, with additional parking available a short walk away close to the Brasserie. 

This property has a remainder of a 999-year lease which started around 1996. This property has a ground rent payable annually of circa. £2,400 and a service charge of circa £3,000 per annum. Ground rent is linked to RPI and the service charge is not for profit - E&OE - errors and omissions excepted. 

The Spring Lake holiday home development is just 15 minutes away from the Capital of the Cotswolds, Cirencester, and has easy access to the beautiful towns and villages that comprise the Area of Outstanding Natural Beauty that is the Cotswolds.

Resort Facilities Include:

·        Children’s play area. 

·         Onsite Bar/Brasserie offering food and drink and a great atmosphere

·        Water Skiing, wakeboarding, ringo's and more can be enjoyed on Spring lake

Leisure Facilities 

A whole host of additional leisure pursuits are available in Cotswold Water Park area including: - Water-Skiing, Wind-surfing, Sailing, Canoeing, Fishing (Fly and Coarse), Horse-riding, Picturesque walks and off-road cycling (suitable for children), Clay Pigeon Shooting, Swimming and Golf (Charges apply).

Holiday Use 

The lodges are classed as holiday homes and cannot be used as Primary Residences. The potential exists for purchasers to generate additional rental income through holiday lets, please ask for more information.

Annual Running Costs

Ground Rent, reviewed annually, linked to RPI approx.  £2,400 per annum. 

Remainder of a 999 year lease.

Service Charge, reviewed annually, approx. £3,000 per annum

Council tax applicable if not run as holiday let. Band C

Errors and Omissions excepted (E&OE)

Service charge contribution includes:- 24 hour on call security, water rates, road maintenance, resort lighting, refuse collection, grounds maintenance, satellite television, and on resort leisure facilities. 

Transport connections 

Nearest train stations: Kemble (1hr10 to London), & Swindon (1hr to London). Nearest motorway: 15-20 minutes from Junction 15 of M4.