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Grenville Road, Padstow

South West

£895,000

Listed on 15/05/2026

Property details

Bedrooms
5
Type
Detached
Area
1994 sqft

Description

This substantial three-bedroom family home features two self-contained one-bedroom annexes, making it an excellent option for both multi-generational living and investment opportunities. The property boasts expansive gardens and ample off-road parking. Located in the charming fishing town of Padstow, known for its rich culinary scene and tourist attractions, this residence presents significant potential for renovation or enhancement. Each annexe is currently utilized as a successful holiday let, backed by existing planning permissions, thus offering immediate income generation. Additionally, there is potential to develop a new dwelling in the rear garden area subject to obtaining necessary consents. Inside, the main house offers a spacious entrance hall leading to a kitchen/dining area and cozy sitting room with a log-burning stove. The first floor hosts three well-sized bedrooms and a family shower room. While the principal bedroom enjoys its own en-suite facilities, both annexes are tastefully appointed to cater to visitors. With recent roof improvements made in 2023, this property is positioned as an attractive investment opportunity waiting for further upgrades or modifications to maximize its full potential.

Investment analysis

(PL28 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£449/sq ft
Area Average
£519/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£1,139,252
10% above area average per sq ft
Potential ROI
+18.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (PL28)

Area prices are falling by -15.0% over the last 12 months
3 year growth: -33.2%
5 year growth: -11.5%
Investment Disclaimer: Analysis based on PL28 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grenville Road, Padstow
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,381
Based on a loan of £671,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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