3-bedroom bungalow · TR9 6DE
For saleListed 1259 days
Opportunity summary
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About
17 The Meadows is a contemporary holiday barn on the popular Retallack Resort, sold ready to go with contents and rentals in place.
This detached barn enjoys a desirable corner plot on the edge of the site, overlooking one of the lakes to the front and with an open aspect over fields at the rear.
Comprising light and airy accommodation including an open plan living area with stylish fitted kitchen, three double bedrooms, two en-suite shower rooms and a family bathroom.
There is a west facing decked terrace from the living area with seating overlooking the lake and a hot tub sheltered in the corner, with additional railings and gates providing an enclosed space.
Currently set up as a furnished holiday letting business with tax advantages and no council tax, the property is being sold as a going concern, fully furnished with lettings.
Only used for 15 months to date, the property is in good order with modern fittings and furnishings.
The Retallack Resort & Spa has an unrivalled selection of on-resort facilities which include; Indoor swimming pool Spa & health club Kid's club and playground Restaurant, bar & convenience store Wake park Zorbing Flowrider surf simulator Inflatable aqua park Paddle boarding With more amenities planned on the site to include another restaurant and pool.
The Retallack Resort is ideally located to enjoy the very best of Cornwall; Padstow - 8 miles. Rock - 13 miles.
Newquay - 10 miles Newquay Airport - 6 miles Accommodation entrance Front entrance door with double glazed side panel to; Hall Cloaks cupboard housing boiler and hot water cylinder, radiator, recessed spotlights, open to inner hall with 2 skylights, radiator, 2 wall lights, recessed spotlights, doors to bedrooms and bathroom, open into; Open plan living room Two sets of double glazed sliding doors to terrace, double glazed window to each side elevation, 2 radiators, 3 ceiling lights, recessed spotlights.
Contemporary fitted kitchen with base and wall units incorporating Belfast sink unit, built in appliances including fridge / freezer, dishwasher, washer / dryer, electric oven with 4 ring gas hob and extractor over, microwave, wine fridge.
Bathroom Double glazed window, panelled bath with tiled surround and rainfall shower plus shower attachment, low level WC, fitted wash hand basin, heated towel rail, tiled floor, recessed spotlights, wall light, extractor fan.
Bedroom 3 Double glazed window, fitted wardrobe, ceiling light, 2 wall lights, recessed spotlights, radiator.
Bedroom 2 Double glazed window, fitted wardrobe, ceiling light, 2 wall lights, recessed spotlights, radiator.
En-suite Double glazed window, tiled shower enclosure with rainfall shower plus shower attachment, low level WC, fitted wash hand basin, heated towel rail, tiled floor, recessed spotlights, wall light, extractor fan.
Bedroom 1 Double glazed window, built in wardrobe, ceiling light, 2 wall lights, recessed spotlights, radiator.
En-suite Double glazed window, tiled shower enclosure with rainfall shower plus shower attachment, low level WC, fitted wash hand basin, heated towel rail, tiled floor, recessed spotlights, wall light, extractor fan.
Outside Accessed from the living area and externally with a side gate to keep enclosed, there is a decked lakeside terrace with a hot tub enjoying a pleasant west facing outlook.
Services/tenure Mains gas, mains water, mains electricity, mains drainage. Adsl broadband. Leasehold property with 997 years remaining on lease. Service fees approx. £3,300.
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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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
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FAQ
About 17 , The Meadows, St. Columb
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