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See how verdicts work5-bedroom detached house · PL31 1HE
For saleListed 22 days
Opportunity summary
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About
Higher Margate Farm is a highly individual five bedroom detached farmhouse, set within approximately 1.3 acres of mature gardens and grounds and offering an unusually versatile accommodation.
Alongside the substantial main house is The Coach House, a beautifully presented two bedroom holiday let, together with an attractive stone barn with permission for conversion to three holiday units, creating considerable scope for buyers looking for additional accommodation, an established income stream or opportunities for the future.
Importantly for a country property, Higher Margate Farm is particularly accessible.
Despite its rural setting, there are no lengthy narrow country lanes to negotiate, while the property is well placed for the A38, A30 and Bodmin Parkway mainline railway station, with Newquay Airport also within convenient reach.
This makes the property well suited not only to permanent family living but also to those needing to travel regularly, work from home or welcome holiday guests.
The farmhouse itself offers well proportioned accommodation arranged over two floors, with three reception rooms providing excellent flexibility for family life, entertaining and quieter spaces.
Character features include exposed beams, stonework and an impressive inglenook fireplace, creating a strong sense of warmth and heritage throughout the home.
A conservatory overlooks the gardens and provides a peaceful place to sit and enjoy the changing seasons, while the main reception spaces retain the charm and atmosphere expected of a traditional farmhouse.
With five bedrooms, the house provides plenty of room for family and visiting guests, as well as the flexibility to create dedicated home working or hobby space.
The gardens at Higher Margate Farm remain an important part of its appeal.
Formal lawns sit alongside deep, well stocked borders, shaped hedging, established shrubs and specimen planting, creating colour, texture and interest throughout the seasons.
Around the farmhouse, the gardens feel sheltered and private, with stone walls, paved seating areas and gently rising terraces providing several places for outdoor dining, entertaining or simply enjoying the surroundings.
The lower terrace was formerly a grass tennis court.
Beyond the more formal areas, the grounds soften into natural woodland-style spaces, adding depth and character across the approximately 1.3 acre plot.
The traditional farmyard setting helps define the property and provides a natural separation between the principal house and its additional buildings.
Of particular interest is the character stone barn which, although requiring renovation, represents an important opportunity within the overall property.
Permission has been granted for its conversion into three holiday lets, providing potential for additional income, guest accommodation or other future uses, subject to a purchaser’s individual requirements and any necessary consents.
A former piggery is currently used for storage, while a stone built pottery studio provides further useful and adaptable space.
The Coach House is positioned within the grounds and provides an established two bedroom holiday let, offering immediate flexibility for income, guest accommodation or potential multigenerational living.
Arranged on one level, the accommodation includes an open plan kitchen, dining and sitting area, two bedrooms and a well appointed bathroom with both bath and separate shower.
French doors open from the living space onto a private decked seating area, giving guests their own attractive outdoor space.
The Coach House also benefits from its own parking and has proved well suited to holiday letting, with its comfortable accommodation, privacy and convenient central Cornwall location all contributing to its appeal.
Previous letting details note strong guest reviews, broadband/WiFi, parking and pet friendly accommodation.
Together, the farmhouse, The Coach House, stone barn and established grounds create far more than simply a traditional country home.
Higher Margate Farm offers a combination of substantial family accommodation, existing holiday letting potential and genuine scope for further development, all within a rural setting that remains notably accessible to Cornwall’s principal road, rail and air connections.
Income figures are available; please contact the office for further information. What3words: ///calendars.ends.ringside
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 Higher Margate Farmhouse,, Cooksland Road, Cornwall
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