3-bedroom house · PL28 8DJ
For saleListed 175 days
Opportunity summary
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About
To be sold for the first time in some 68 years is 10 Egerton Road, a charming three bedroom detached bungalow located in a most enviable elevated position overlooking the Camel Estuary within the highly sought after, historic and picturesque fishing village of Padstow.
This waterside residence boasts a stunning backdrop with exquisite far reaching views of the Estuary, the iron bridge and beyond.
In July 2023, full detailed planning permission was granted for a contemporary replacement dwelling which provides the buyer an exciting opportunity.
The property is bright and welcoming with a classic 1930’s layout.
The central porch and entrance hall is followed by the spacious sitting room with bay window to the front elevation, wonderful views across the Camel Estuary and space aplenty for sofas, dining room table and chairs and occasional furniture.
The master bedroom is located to the rear of the property and benefits from a modern en-suite shower room.
The second double bedroom can be found to the front of the home and has that classic bay window and far reaching Estuary views. The third bedroom is considered a single/bunk room.
The well-appointed kitchen is designed for both functionality and style, featuring modern appliances and offering seamless access to the rear garden.
The accommodation is complete with a family bathroom which incorporates a shower over bath, crisp white sanitary ware and tiled floors and walls.
The rear garden provides a pleasant low maintenance outdoor space, mostly gravelled with pretty shrub filled borders. There is a dedicated driveway to the side with off road parking for two vehicles.
To the front is a paved patio and side pathways for added convenience. Services to the property include mains gas, water, electricity and drainage. EPC rating D. Council tax band E.
Ofgem suggest superfast broadband availability. Ofcom suggest 5G mobile connectivity.
The historic and picturesque fishing town of Padstow is located on the North Coast of Cornwall and offers an extensive range of cafes, public houses and restaurants, none more so than Paul Ainsworth’s Michelin starred No.6, cool seafood bar Prawn On The Lawn 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 7 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 20 miles distant with the nearest airport at Newquay approximately 14 miles away.
To find 10 Egerton Road, drive towards Padstow on the A389. As you approach Padstow, turn right at signs for the town centre and follow the road down the hill.
Just after the road bears right, turn right into Dennis Road. Within 100 yards, turn left onto Treverbyn Road and follow the road down and to the right.
Bear right into Egerton Road as the road folks and number 10 can be found along on the right hand side. The postcode for satellite navigation is PL28 8DJ. What3words: plodding.stow.staples
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 10, Egerton Road, Padstow, PL28
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