2-bedroom house · PL27 7QT
For saleListed 257 days
Opportunity summary
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About
This two double bedroom detached cottage is nestled in the pretty and quaint hamlet of Little Petherick within a short drive or cycle of both picturesque Padstow and bustling Wadebridge.
The Old Workshop is thought to originally date back to 1849, subsequently converted approximately 13 years ago.
Features of note include the original stone façade, wooden triple glazed windows, a slate roof, a private and enclosed courtyard patio garden and all important off road parking.
The accommodation comprises two double bedrooms and a modern family bathroom on the first floor with a spacious entrance hall, comfortable sitting room and modern kitchen on the ground floor.
The kitchen is fitted with a modern range of floor and wall cabinets, rolled edge work surface, tiled splashback, integrated electric oven and ceramic hob.
Services to the property include mains water, electricity and drainage with fibre optic broadband connected. EPC rating D. Council tax band B. Ofcom suggest 4G mobile coverage is available.
Little Petherick is a lovely hamlet steeped in history in the wooded valley of Little Petherick Creek, a tidal inlet of the Camel Estuary.
The hamlet is situated just two miles from the historic and picturesque fishing town of Padstow, located on the North Coast of Cornwall offering an extensive range of cafes, public houses and restaurants, none more so than Paul Ainsworth’s Michelin starred No.6 and of course Rick Steins esteemed Seafood restaurant.
An area of outstanding natural beauty, there are several sandy beaches within 2 to 4 miles as well as the championship golf course at Trevose.
The town also has a supermarket and excellent Primary School.
For more extensive shopping facilities, the thriving market town of Wadebridge is just 5 miles distant and offers a fine selection of shops and amenities including a sports centre, cinema, a primary and secondary school and a selection of supermarkets.
The nearest mainline station is Bodmin Parkway which is approximately 18 miles distant with the nearest airport at Newquay approximately 12 miles away.
The nearby public footpath leads to Petherick Creek, The Saints Way and the Camel Trail, a dream for walkers and cyclists alike.
To find The Old Workshop, leave Padstow and follow the A389 for approximately 1.5 miles passing Trevisker Garden Centre along the way.
Turn left at the signpost to Wadebridge, St Issey and little Petherick and follow the A389 down the hill for approximately half a mile. The Old Workshop can be found along on the left hand side.
The postcode for satellite navigation is PL27 7QT. What3words: mailers.rollers.sued
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About The Old Workshop, Little Petherick, PL27
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