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See how verdicts work3-bedroom house · PL28 8PE
Listing removedListed 221 days
Opportunity summary
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About
Situated in a sought after residential cul-de-sac close to the centre of the bustling village of St Merryn is 8 Cadoc Close, a detached bungalow of almost 1,300 square feet offering spacious accommodation making for a comfortable family home.
The property benefits from gas central heating, UPVC windows and doors, and low maintenance facias, soffits and guttering.
As illustrated on the accompanying floorplans, the accommodation briefly comprises a storm porch which precedes a spacious reception hall.
The accommodation continues to provide a spacious L shaped living/dining room with inset open fireplace with Cornish stone surround.
There is a bay window to the front elevation and French doors opening to the patio at the rear.
Into the kitchen which comprises an extensive range of floor and wall cabinets and drawers complete with a separate utility room and back door leading to the garden.
To the far end of the house are the three bedrooms, two of which have integral wardrobes and the master with a en-suite shower room. The family bathroom is generous in size.
The garage is integral with an electric up and over door. Externally, 8 Cadoc Close has plenty of off road parking in the form of a block paved driveway.
There are lawned gardens to the rear with an area of paved patio.
There are fence and well stocked boundaries on both sides with a two of shrubs and small trees to the rear boundary backed by open fields creating a sense of privacy and peace.
8 Cadoc Close would benefit from a programme of modernisation and renovation to bring the property in line with modern-day styles and standards, offering the opportunity to create a superb family home tailored to individual tastes.
Services to the property include mains gas, water, electricity and private drainage. EPC rating D. Council tax band D. Ofcom suggest superfast broadband availability.
Ofcom suggest 4G connectivity is available. The lively and picturesque village of St Merryn is located just inland from the stunning North Cornwall coast.
A highly sought-after destination, the village offers an excellent range of everyday amenities including several eateries, a grocery store, a Malcolm Barnecutt Bakery, a petrol station with garage services, and two traditional public houses.
Among them is the renowned The Cornish Arms, owned by celebrated chef Rick Stein, serving quality food alongside local ales.
The village also benefits from practical facilities including a doctor’s surgery, veterinary practice, and a well-regarded primary school.
St Merryn provides an excellent base from which to explore the famous Seven Bays and the dramatic North Cornish coastline.
The beaches of Trevone Bay and Harlyn Bay are just 1.5 miles away, with Harlyn also home to The Pig at Harlyn Bay.
Within approximately 2.5 miles are several other beautiful beaches including Constantine Bay, Treyarnon Bay, and Porthcothan Bay. Also nearby is the historic and picturesque fishing town of Padstow.
Padstow is a well-known foodie destination offering a wide range of cafés, pubs, and acclaimed restaurants including Paul Ainsworth at No.6, Prawn on the Lawn, and the famous The Seafood Restaurant.
Transport links are convenient, with the nearest mainline railway station at Bodmin Parkway railway station, approximately 20 miles away, while Newquay Airport is just 9 miles away and provides both domestic and international flights.
To find 8 Cadoc Close, leave Padstow and follow the B3276 towards Trevone and St Merryn. Follow this road for approximately 2.7 miles.
Pass the Cornish Arms pub and continue along the road for approximately 500 yards before turning right into Peguarra Close. Take the next right in Cadoc Close and then then third right.
Number 8 can be found along on the left hand side. The postcode for satellite navigation is PL28 8PE. What3words: grading.shunts.scornful
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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FAQ
About 8, Cadoc Close, St. Merryn, PL28
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