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See how verdicts work2-bedroom semi-detached house · PL28 8FL
Listing removedReduced £15.1k (−4%) on 29 MayListed 256 days
Opportunity summary
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About
No.40 Polpennic Drive is a stylish semi-detached modern home which offers generous living accommodation.
Featuring a magnificent open plan living room which incorporates a superbly equipped kitchen with stone worktops and built in appliances.
There are bi-fold doors at the rear opening into the garden and framing super countryside views.
With the benefit of mains gas fired central heating and UPVC double glazing the property offers accommodation that is very much ready to move into.
On the first floor the main bedroom has a superb vaulted ceiling and en-suite shower room with the second bedroom enjoying a wonderful rural outlook at the rear as well as having the main bathroom adjacent.
To the front of the house there are two excellent off road parking spaces and at the rear the property has a private garden bounded by open fields.
Padstow has a long and ancient maritime history, the harbour being nestled in to the west-side of the Camel Estuary offering protection from the prevailing south-westerly winds.
The town boasts a labyrinth of crooked streets sloping down to the harbour where many fine medieval buildings can be found including the 15th century Abbey House on North Quay and the 16th century court house of Sir Walter Raleigh on the South Quay.
The surrounding coastline and countryside has been designated an area of outstanding natural beauty with many of North Cornwall's finest sandy beaches within a five mile radius.
THE ACCOMMODATION WITH ALL MEASUREMENTS BEING APPROXIMATE:- COMPOSITE DOUBLE GLAZED FRONT FOOR OPENING INTO: ENTRANCE HALL Radiator, stairs to first floor.
CLOAKROOM Low flush WC and wash hand basin, radiator, opaque patterned double glazed window in UPVC frame to front.
OPEN PLAN LIVING/DINING/KITCHEN - 8m x 5.3m (narrowing to 2.7m) (26'2" x 17'4") A wonderful, light triple aspect room with bi-fold doors opening to the rear garden and framing superb rural views together with double glazed windows in UPVC frame to front and side.
Two radiators, large understairs storage cupboard. The kitchen is equipped with a superb range of modern units comprising base cupboards, stone worktops over and wall cupboards above.
Integral electric oven and grill, four ring hob, fridge/freezer, dishwasher and washing machine, one and a half bowl stainless steel sink unit and mixer tap.
FIRST FLOOR LANDING With access to roof space, shelved airing cupboard, radiator.
BEDROOM ONE - 5.4m x 2.5m (17'8" x 8'2") A wonderful light room featuring a vaulted ceiling with two Velux windows and port hole window to the front together with two further UPVC double glazed windows to the front, radiator.
EN-SUITE Large double shower cubicle, low flush WC and wash hand basin, heated towel rail, extractor fan, opaque patterned double glazed window in UPVC frame to side.
BEDROOM TWO - 3.9m x 3m (12'9" x 9'10") Double glazed window in UPVC frame to rear framing outstanding rural views, radiator.
BATHROOM Panel bath with glazed shower screen and shower over, low flush WC and pedestal wash hand basin, heated towel rail, extractor fan, opaque patterned double glazed window in UPVC frame to rear.
OUTSIDE PARKING There are two brick paved parking spaces immediately at the front of the house.
GARDEN The property features a private garden at the rear which comprises a level patio and lawn with corner deck and fence boundaries bounded by open fields at the rear.
SERVICE CHARGE We understand there is a current service charge of £20.35 pcm for the development.
AGENTS NOTE The property is subject to a restrictive covenant which means it cannot be holiday let, however can be used as ones main permanent home, personal second home or can be let on a permanent residential basis.
TENURE Freehold COUNCIL TAX BAND C WHAT THREE WORDS ///noon.bolsters.dynasties
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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