5-bedroom detached house · PL13 2NB
For saleListed 239 days
Opportunity summary
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About
For the first time on the open market - An incredibly exciting and rare opportunity to acquire a former Cornish Farmstead comprising a charming house with an adjoining cottage and partially converted barn offering multigenerational living and income prospects.
Stunning Rural Setting, No Immediate Neighbours, Multigenerational Living, Income Opportunities, Extending to 1.49 ac In All, 3 Bedroom House, 3 Bedroom House, 2 Bedroom Adjoining Cottage, Detached Partially Converted Barn.
Freehold, Council Tax Bands: A, B and D, EPC Bands: F & F. Situation - The property enjoys an enviably private and tranquil position, with no immediate near neighbours.
The surrounding landscape is a patchwork of wooded valleys and open farmland, offering a beautiful backdrop in every direction.
Whilst enjoying a rural setting, the village of Pelynt lies within easy reach, providing everyday facilities including a village shop, primary school, and traditional Cornish pub.
The coastal towns of Looe and Polperro are only a short drive away, offering sandy beaches, scenic coastal walks, and a variety of restaurants and shops.
Description - A truly special opportunity and presented for the first time to the open market, combining character, charm and endless opportunities for both multigenerational living and income prospects, nestled within the peaceful Cornish countryside.
The charming 3 bedroom farmhouse stands proudly at the heart of its plot, complemented by a versatile 2 bedroom adjoining cottage perfect for multigenerational living, guest accommodation, or income potential.
In addition, a substantial and partially converted barn with commanding views through the valley and a detached workshop are all on offer.
The Farmhouse - Full of period charm and traditional features, the main farmhouse exudes warmth and history.
Understood to be constructed of stone under a slate roof, well proportioned rooms create a welcoming home whilst retaining much of the property's charm and character.
The accommodation is presented in good order throughout, with single glazed wooden windows, exposed beams and a fireplace offering an abundance of character.
There is a comfortable sitting room with an open fireplace and a separate dining room with an oil fired burner adjoining the farmhouse style kitchen at the rear.
There are 3 double bedrooms, a family bathroom and additional ground floor utility/wet room which completes the accommodation.
The Cottage - Linked seamlessly to the main house yet with its own entrance, the two bedroom cottage provides ideal self contained accommodation, perfect for multigenerational living, guest use, or holiday letting potential (subject to any necessary consents).
With its own character and charm, it offers an open plan style kitchen/dining room, with a delightful sitting room and wood burner, with two bedrooms and a bathroom on the first floor all finished in a style that complements the farmhouse.
The Barn - Adding further appeal, a substantial and partially converted stone barn with a traditional slate roof stands prominently within the grounds.
With its generous proportions, beautiful stonework and stunning valley outlooks, it offers tremendous scope with a large, gently sloping area to the rear which offers a blank canvas to create a special and private outdoor space for the barn.
Outside - Set in approximately 1.5 acres of established gardens, the property enjoys a wonderfully sheltered and private setting with no immediate near neighbours, a variety of stunning mature trees and beautiful outlooks through the valley.
The gardens provide a delightful mix of lawned areas, mature trees, and seating spots from which to take in the captivating views through the valley of coniferous woodlands and rolling pasture fields.
Gated at the top, a concrete driveway leads down into the farmstead with a parking area for various vehicles.
A detached single storey workshop, complete with power, water connection, and WC, offers excellent versatility for hobbies, creative pursuits, or practical use as well as a large polytunnel.
Services & Additional Information - Mains electricity. Private water via spring. Private drainage via septic tank.
Bottled gas central heating in the house and cottage, oil fired burner in the house and wood burner in the cottage. Solid fuel Rayburn's connected in the barn.
Broadband availability: Ultrafast and Standard, Mobile signal coverage: voice and data variable (Ofcom). Please note the agents have not inspected or tested these services.
The property is being sold on behalf of a deceased estate and The Executor has limited knowledge of the property.
Buyers must rely upon their own investigations before travel and proceeding with a purchase, and are advised to take their surveyor(s) and/or legal representative's advice where necessary.
The property is sold subject to all local authority charges. Viewings - Strictly by prior appointment with the vendors' appointed agents, Stags. Directions - what3words.com: ///beast.anchors.radiates
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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