2-bedroom flat · EX23 9QY
For saleListed 304 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 The Glade enjoys a lovely, private position within the park, with woodland to the front providing a sense of seclusion and tranquillity.
The layout ensures minimal foot traffic past the property, making its patio area an ideal spot for relaxing and enjoying the peaceful surroundings.
The chalet provides an excellent base from which to explore this beautiful part of North Cornwall, being just 2.5 miles from the National Trust–owned Sandymouth Beach and the scenic coastal cliffs.
The property can be used personally or let out as a holiday rental.
Bookings can be managed through the on-site letting service, although the current owners successfully use Sykes for their reservations.
Please note, the chalet is for holiday use only and cannot be occupied as a permanent residence. There is an 8-month occupancy restriction in place.
Penstowe Park offers a range of facilities for guests, pool tables, a bar, and a restaurant.
The park is conveniently located just half a mile from the well-served village of Kilkhampton, which provides a good range of local shops and services including a butcher, two public houses, a Premier Store, Co-op, and various independent businesses.
There is easy access from the park onto the A39, offering excellent links to the coastal resort of Bude — home to two further sandy beaches and major supermarkets.
To the north, the A39 connects to Bideford, Barnstaple, and the M5 motorway. The property is offered for sale with no onward chain. Tenure: Freehold.
Service charge, ground rent, and utility costs are available on request.
From Bude proceed north and just before the village of Kilkhampton turn left into Penstowe and the parking area for The Glade will be found on the left hand side.
Follow the pedestrian path to the right and bear right where No 2 is clearly marked on the front of the chalet.
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 2, The Glade, Penstowe Holiday Village, Kilkhampton, EX23
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