2-bedroom house · PL28 8EB
Sold STCListed 555 days
Opportunity summary
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About
Perched above the winding streets of Padstow, 15 Hill Street is an elegantly re-imagined Cornish cottage which offers a perfect blend of historic charm and contemporary comfort.
Currently a very successful holiday let, this lovely property is an ideal lock up and leave retreat, just a few minutes’ walk from the harbour and town centre.
The ground floor has been reconfigured to create a stylish living space, complete with a cosy log burner set within a slate heart, adding to the warmth and character of the room.
Dual aspect windows and a timber staircase featuring glass risers create a light and airy feel, which is complemented by the interior décor.
Flagstone flooring leads to the kitchen, accessed via a step bearing the 1878 date stone of the cottage which came from the property’s original well, a reminder of the home’s historic past.
The kitchen is a generous size, with contemporary units and whitewashed walls creating a sunny, coastal feel, aided by two light tunnels which funnel daylight from above.
A useful stable door leads to the parking space, and there is ample room for dining.
Follow the staircase to the first floor, where a hallway gives direct access to the rear garden, as well as the two bedrooms and family bathroom.
A large, sunny bedroom sits to the rear of the house, with French doors that open onto a pretty, decked area and the garden beyond.
The second bedroom is configured as a comfortable twin, and benefits from a vaulted ceiling that adds to the feeling of light and space.
This bedroom features an ensuite WC, and there is an additional family bathroom, with modern, fresh tiling and shower over bath.
15 Hill Street has a superb, enclosed garden, with a decked area adjacent to the rear of the cottage, and a raised lawn leading to a useful garden outbuilding.
This delightful garden is designed to make the most of the sun, whilst offering a private and secure space to relax.
This lovely cottage has recently undergone a comprehensive refurbishment scheme which included a new roof, ceilings and floors, the installation of gas, new plumbing, and electrics throughout, and a positive pressure ventilation system.
The property’s original flagstone flooring has been lovingly restored, and Karndean flooring laid through the remainder of the home.
Entrance Front entrance door to; Living room Stairs to first floor, windows to the front, side and rear, radiator, slate flagstone flooring, log burner set on slate hearth, recessed spotlights, built in storage areas, step up to; Kitchen Part glazed stable door to the front, a range of base & wall units incorporating a Belfast sink, built in dishwasher, built in oven with five ring gas hob, built in washing machine, integrated waste disposal unit.
Radiator, recessed spotlights, two sun tunnels.
Stairs to first floor; Landing Glazed door to the garden, recessed spotlights, electric fan unit, doors to; Bedroom one Double glazed French doors to the garden, radiator, recessed spotlights.
Bathroom Panelled bath with shower over, low level WC, fitted wash hand basin set in unit, heated towel rail, part tiled walls, recessed spotlights, Velux window.
Bedroom two Double glazed windows to the front and side, beams to vaulted ceiling, ceiling pendant light, radiator, door to; En-suite Low level WC, fitted wash hand basin, heated towel rail, part tiled walls, sun tunnel, recessed spotlights.
Garden The garden is a sun trap, south facing and enclosed with high walls and timber fencing. The lower garden comprises a decked area with plenty of room for dining and lounging furniture.
A few steps lead up to the lawned (artificial) garden with an established range of plants and shrubs. There is also a good-sized timber storage shed.
Parking Off street parking for one vehicle adjacent to the property. Services Mains gas, water, electricity, drainage. Ultrafast broadband available. Broadband service with EE and O2.
Council tax band deleted (business rated).
Important notice Cornwall Estates (Padstow) Ltd give notice that; These particulars do not constitute any contract or offer and are for guidance only and are not necessarily comprehensive.
The accuracy of the particulars is not guaranteed and should not be relied upon as representations of fact.
Cornwall Estates (Padstow) Ltd, their clients nor any joint agents have authority to make any representations about the property and any information given is without responsibility on the part of the agents, sellers or lessor(s).
Any intended purchaser should satisfy themselves by inspection or otherwise of the statements contained in these particulars. Any areas distances or measurement are approximate.
Assumptions should not be made that the property has all the necessary planning permissions and building regulations. We have not tested any services, equipment or facilities.
Viewing by appointment only. Purchasers should check the availability for viewing before embarking on any journey to view or incurring travelling expenses.
Some photographs may be taken with a wide-angle lens.
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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About 15, Hill Street, Padstow
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