2-bedroom terraced house · PL28 8GE
For saleListed 35 days
Opportunity summary
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About
5 Langford Place is a super two double bedroom modern home which is offered for sale on a shared ownership basis with Sanctuary Housing.
Offering a super part open plan living space to the ground floor with a lounge which in turn leads through to a superbly fitted modern kitchen with built-in oven and hob and utility area off.
At first floor there are two double bedrooms and bathroom with a private enclosed garden at the rear as well as two allocated car parking spaces.
Shared ownership properties offer a great opportunity for those purchasers who are unable to purchase a home without assistance.
Purchasers must meet the eligibility criteria for a shared ownership purchase and will be assessed for affordability by the Sanctuary Housing assessment team.
Currently the rent paid to Sanctuary Housing for the 60% share that they own is a monthly service charge of £51.81 and monthly ground rent of £449.72.
Padstow has a long and ancient maritime history, the harbour being nestled in to the west-side of the Camel Estuary offering protection from the prevailing south-westerly winds.
The town boasts a labyrinth of crooked streets sloping down to the harbour where many fine medieval buildings can be found including the 15th century Abbey House on North Quay and the 16th century court house of Sir Walter Raleigh on the South Quay.
The surrounding coastline and countryside has been designated an area of outstanding natural beauty with many of North Cornwall's finest sandy beaches within a five mile radius.
Sailing and Watersports - The Camel Estuary is a well established centre for watersports, including sailing and water skiing, boat charters are available from Padstow and craft can be moored in Padstow or launched from the Padstow Harbour Commissioners' Slipway.
Restaurants - Padstow offers an excellent range of restaurants. The Michelin starred restaurant of Paul Ainsworth's No.
6 and Rick Stein's renowned Seafood Restaurant with many other restaurants and public houses offering excellent fare.
Leisure & Golf - The famous surfing beaches of Newquay, Polzeath and Constantine Bay are only a short drive away.
The Trevose Golf and Country Club is located within approximately 4 miles, the course was bestowed with the honour of hosting the Amateur Brabazon Strokeplay Championship, bearing testament to the course's excellent credentials.
The course also offers excellent tennis courts and swimming pool.
Travel by Road - Connections are good with the A30 dual carriageway at Bodmin only 16 miles away which provides access to the national motorway network at Exeter.
Travel by Train - Bodmin Parkway station approximately 26 miles distant offers regular links direct to London Paddington.
Travel by Air - Newquay Airport is approximately 25 minutes (10 miles) and offers a number of national and international.
ACCOMMODATION WITH ALL MEASUREMENTS BEING APPROXIMATE: FRONT DOOR OPENING TO: ENTRANCE HALL Radiator, stairs to first floor.
LOUNGE/DINING/KITCHEN - 7.8m overall x 3.9m (25'7" x 12'9") narrowing to 3.1m (10'2") A light dual aspect room with double glazed window in UPVC frame to front, together with French doors opening to the rear garden.
The lounge and kitchen are part divided by an arch with the kitchen being fitted with a superb range of modern units comprising base cupboards with worktops over and wall cupboards above, electric integral oven and four ring induction hob with extractor hood over, one and a half bowl stainless steel sink unit with mixer tap.
UTILITY AREA Integral fridge/freezer, space and plumbing for washing machine and space and power for tumble dryer, double glazed window in UPVC frame to rear.
CLOAKROOM Low flush WC and wash hand basin, extractor fan. STAIRS TO FIRST FLOOR LANDING Access to roof space, radiator, large cupboard.
BEDROOM ONE - 3.9m x 3.4m (12'9" x 11'1") plus wardrobe recess Two double glazed windows in UPVC frame to front, built-in double wardrobe, radiator.
BEDROOM TWO - 4.3m x 2.7m (14'1" x 8'10") Double glazed window in UPVC frame to rear, radiator.
BATHROOM Panelled bath with glazed shower screen, low flush WC and wash hand basin, heated towel rail, opaque patterned double glazed window in UPVC frame to rear.
OUTSIDE There is an enclosed garden at the rear with part patio and lawn with steps up to a gate at the rear leading to: PARKING Parking for two vehicles.
TENURE Leasehold COUNCIL TAX BAND C WHAT 3 WORDS educated.camped.demanding
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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