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See how verdicts work5-bedroom detached house · PL31 1HE
For saleReduced £50k (−6.5%) on 26 OctListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Higher Margate Farm is a highly individual five bedroom detached farmhouse, set within approximately 1.3 acres of gardens and grounds.
Full of character and history, the property offers a rare combination of period charm, generous accommodation and useful additional buildings, including The Coach House holiday let and a picturesque stone barn in need of modernisation.
The current owners were first drawn to the property by its sense of history, land and potential, together with its practical location.
Having moved from Australia to Cornwall, they recall entering the old farmyard and knowing almost immediately that they had found the home they were looking for, making an offer that same evening.
The farmhouse itself offers well proportioned accommodation arranged over two floors, with three reception rooms providing excellent flexibility for family living, 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 offers plenty of room for visiting family, guests or those needing space to work from home.
The gardens at Higher Margate Farm are a wonderful feature, with a lovely sense of maturity and structure.
Formal lawns sit alongside deep, well stocked borders, shaped hedging, established shrubs and specimen planting, creating colour, texture and interest through the seasons.
Around the farmhouse, the gardens feel sheltered and private, with stone walls, paved seating areas and gently rising terraces giving several places to sit, entertain or simply enjoy 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 to the sense of depth and character across the 1.3 acre plot.
The old farmyard setting gives the property a real sense of arrival, with the stone barn adding further character and future potential.
Although now requiring renovation, the barn is an important part of the property’s appeal and offers scope for a variety of uses, with permissions granted for conversion to three holiday lets.
A former piggery is now used for storage, and a stone built pottery studio completes the outbuildings.
The Coach House Positioned within the grounds, The Coach House provides a beautifully presented two bedroom holiday let, offering excellent flexibility for income, guest accommodation or potential multi-generational use.
The accommodation is arranged on one level and 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, creating an attractive spot for guests to sit out and enjoy the garden setting.
The property also benefits from its own parking and has proved well suited to holiday letting, with the combination of comfort, privacy and a central Cornwall location being a clear attraction.
Previous letting details note strong guest reviews, parking, broadband/WiFi and pet friendly accommodation.
Together, the farmhouse, gardens, The Coach House and character barn create a versatile and highly individual property, suited to buyers seeking space, charm, income potential and scope for the future.
Income figures available, please contact office. what3words: ///calendars.ends.ringside
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Cooksland Road, Bodmin, Cornwall, PL31
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