2-bedroom bungalow · PL28 8QA
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stratton Creber are delighted to present to market an immaculate 2-bedroom holiday park home on St. Merryn Holiday Village.
The property is situated in a quiet cul-de-sac, with driveway parking and wraparound garden. Internally, this elegant property offers comfortable, bright and welcoming accomodation all throughout.
The property is thoughtfully arranged with a bright and welcoming lounge and dining room, providing a distinct living space separate from the kitchen.
This versatile layout creates an ideal environment for both relaxing and entertaining, allowing cooking and social spaces to remain independent while enhancing the overall sense of space throughout the home.
Externally, the property truly excels with a generous wrap-around garden, offering plenty of space to enjoy the Cornish sunshine.
Of particular note is the dedicated fruit and vegetable growing area, perfect for those with a passion for gardening or those seeking a more sustainable lifestyle.
Whether cultivating seasonal produce or simply enjoying the well-maintained outdoor space, the garden adds another dimension to this charming holiday home.
A dropped kerb driveway provides convenient parking beside the property. This property benefits from mains electric, water supply and drainage, and gas central heating.
Ground Rent - £2761.36 on an annual basis. The payment goes directly to Red Valley Resorts.
Located just four miles from Padstow and approximately one mile from St Merryn, the park itself offers a range of on-site amenities including a shop, bar, restaurant, dog exercise area and seasonal entertainment during the summer months.
The property is offered on a perpetual leasehold, with site fees linked to inflation, making it an ideal holiday retreat or second home.
The park itself has planning permission for a leisure facility to include a swimming pool, sauna, hydro pool and outdoor play area.
St Merryn village provides a variety of everyday conveniences, including two pubs notably The Cornish Arms by Rick Stein as well as restaurants, an eclectic mix of shops, a doctors’ surgery, garage, veterinary practice and church.
The area is affectionately known as ‘Seven Bays for Seven Days’, reflecting its close proximity to a selection of beautiful beaches and dramatic coastline, and benefits from a long and thriving tourist season.
Agents Note: please note that an Anti-Money Laundering (AML) fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and AML checks.
Once these checks have been completed, the fee cannot be re-funded, even if the property purchase does not go ahead.
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
Agent & docs
FAQ
About St. Merryn Holiday Village, St. Merryn, Padstow, Cornwall, PL28
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