2-bedroom terraced house · PL28 8AT
Listing removedListed 285 days
Opportunity summary
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About
Punion Cottage offers prospective purchasers an opportunity to own a delightful character Grade II listed Cottage which would be a delightful bolt hole located in one of the most sought after parts of the town.
The cottage benefits from original features and enjoys open plan living accommodation and gas fired central.
Padstow has a long and ancient maritime history, the harbour being nestled in to the west-side of the Camel Estuary.
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 both within a 5 minute walk; 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 15 miles away which provides access to the national motorway network at Exeter.
Travel by Train - Bodmin Parkway station approximately 25 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 flights via London Gatwick which is approximately a one hour flight.
Local Authority - Cornwall County Council, County Hall, Truro, Cornwall, TR1 3AY.
THE ACCOMMODATION WITH ALL MEASUREMENTS BEING APPROXIMATE:- 8 steps give access to: FRONT ENTRANCE DOOR Into: OPEN PLAN LIVING ROOM/KITCHEN/DINING ROOM Two sash windows to the front elevation, fitted shutters and sash window to rear elevation.
Beamed ceiling, two radiators, stainless steel single drainer sink, space for cooker with gas supply.
CENTRAL STAIRCASE PROVIDES ACCESS TO: FIRST FLOOR BEDROOM ONE - 2.53m x 2.86m (8'3" x 9'4") Single aspect uPVC sash window to front elevation, recess with hanging space, access hatch to loft space, exposed beams, radiator.
BEDROOM TWO With sash window to front elevation, exposed beams, radiator.
BATHROOM uPVC sash window to rear elevation, suite comprising panel bath, fitted wash hand basin set into base unit, low level WC, radiator.
AGENTS NOTE The property benefits from a gas supply however Punion Cottage will require a new central heating boiler to be installed. The radiators are not connected. TENURE To be confirmed.
The property is subject to a flying Freehold SERVICES Mains electric, gas, water and drainage. COUNCIL TAX BAND A DIRECTIONS Proceed into the Town via the Prideaux Brune Estate.
Travelling down Fentonluna, proceed onto Cross Street. Punion Cottage, No. 9 Cross Street is on your right hand side.
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.
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