6-bedroom house · PL27 6SX
Listing removedListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Slatewater A pair of very stylish, detached beachside homes set into the hillside on the North Cornwall coast and arranged over two-floors.
The front property, Slatewater, has been thoughtfully arranged to make the most of its elevated position, enjoying far-reaching views across Polzeath’s renowned surf beach.
Set against the ever-changing backdrop of the Atlantic Ocean, all of the principal rooms enjoy splendid sea views with front row seats to Polzeath’s epic sunsets.
Carefully considered and built to exacting standards this reverse living property boasts generous living spaces flooded with natural light with huge sliding doors opening out onto a glass fronted balcony, ideal for relaxed outdoor dining, sundowners and entertaining.
Accommodation Lower Ground Floor: Main entrance to house, hallway and storage | Principal ensuite bedroom with sea views, and access onto the terrace | Two further double bedrooms both with sea views and access onto the terrace| Family bathroom | Fourth bedroom with en-suite wet room | Utility room with laundry facilities and door to rear outside shower area.
Staircase leading to: First Floor: Large open plan living, kitchen and dining space with a wood burner, built in storage, high ceilings, roof lights and full height sliding doors leading out to a glass fronted balcony with stunning sea views | Separate TV Room/Study | Cloakroom.
Outside Terraced garden with steps down to and outdoor shower | Outside storage shed for boards and bikes located adjacent to private parking for up to 3 cars | Steps behind the property lead up via pedestrian gate to Backwater.
Services The property is fully fitted with an mvhr system. Heating is via an Air Source Heat Pump with underfloor heating. There are mains water, drainage, and electricity. Superfast fftp.
Backwater This detached 2-bedroom property just behind and above Slatewater, offers flexible ancillary accommodation. The property is separated from Slatewater by steps and a pedestrian gate.
Backwater enjoys light and airy accommodation with a reverse living layout to make the most of the spectacular views across Polzeath beach from a small balcony accessed off the living area.
The vaulted living space has a wood burner, a modern kitchen and dining table positioned to soak up the sea views.
Downstairs, alongside a shower room and WC, both bedrooms have built in wardrobes and sliding doors opening onto a terrace with access to an outside shower.
Accommodation Ground Floor: Main entrance to house with storage | Open plan Kitchen/Dining/Living room with wood burner and doors to glass fronted balcony | WC |Steps down to; Lower Ground Floor: Two double bedrooms both with access to the terrace | Shower room | Under stair storage Services The property is fully fitted with an mvhr system.
Heating is via an Air Source Heat Pump with underfloor heating. There are mains water, drainage, and electricity. Superfast fftp.
Outside Private parking for up to 2 cars | Steps down to outdoor shower and patio terrace | Coastal planting & hard landscaping.
Location Polzeath is a popular holiday destination and coastal village in north Cornwall, with a vast expanse of golden sand, excellent surf break and scenic coastal walks.
Nearby, in Rock and Daymer Bay, conditions are ideal for sailing, water-skiing and windsurfing, as well as the renowned St Enodoc Golf Club offering two world class 18-hole courses.
Polzeath has a number of good places to eat and drink, all within walking distance, including The Point Golf and Leisure Club, which is a short walk inland, The Atlantic Polzeath, The Waterfront, TJs and Surfside & The Rum Bar.
Locally, in the area, there are also a wealth of excellent restaurants and pubs including The Mariners Pub and Fourboys in Rock, Nathan Outlaw’s restaurants in Port Isaac, Rick Stein’s Seafood Restaurant and Paul Ainsworth’s No.
6 in Padstow. The ferry and water taxi in Rock make travelling to Padstow enjoyable and easy.
Most everyday shopping requirements can be met in Polzeath and nearby Rock, but the market town of Wadebridge, with an inspiring collection of independent shops, cinema and supermarkets is only about seven miles distant.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Ground or air source heat pump.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Slatewater & Backwater, Dunder Park, Polzeath
Explore nearby