3-bedroom house · EX23 0LF
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wheel Cottage is a three-bedroom barn conversion enjoying sea views, communal gardens and a sought-after coastal setting near Crackington Haven.
Set within the exclusive Roundhayes Farm development, this attractive mid-terraced barn forms part of a charming coastal courtyard of holiday barns, ideally situated on the outskirts of the picturesque North Cornish village of Crackington Haven.
The accommodation is beautifully presented and retains a wealth of character features throughout, including exposed stone feature walls and vaulted ceilings.
A welcoming porch opens into a spacious kitchen/diner, perfect for entertaining.
The ground floor also offers a generous double bedroom and the living room, complete with a wood burning stove and French doors that lead out to the private rear garden.
Upstairs, a striking mezzanine landing with a cosy seating area overlooks the lounge below.
Two further double bedrooms and a modern family bathroom with white suite and shower over bath complete the accommodation.
Externally, the property benefits from its own rear garden, allocated parking, and access to approximately two acres of beautifully maintained communal grounds.
These include expansive lawns, a tennis court, an orchard, and a tranquil pond — all with far-reaching views across the countryside to the sea beyond, with Lundy Island visible on clear days.
Offered with a 12-month holiday occupancy, this is a fantastic opportunity to acquire a stunning coastal retreat or investment.
The property is held on a freehold basis, with each owner contributing a service charge for the maintenance of the shared grounds, managed by Roundhayes Farm Management Company, in which the purchaser will become a shareholder and member.
Viewing is highly recommended to appreciate the setting, lifestyle and charm this unique home has to offer. Services: Mains Electricity and Water. SHared private drainage.
Electric night storage heaters. From Bude, head south on the A39, continuing through Wainhouse Corner. Shortly after, take the right-hand turning signposted to Boscastle and Crackington Haven.
Continue along this road for some distance, then take the next right, again signposted to Crackington Haven.
Follow this road for approximately one mile, where the entrance to Roundhayes Farm will be found on the left-hand side.
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.
Area
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FAQ
About Crackington Haven, Bude, EX23
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