Al Beit, Padstow, St. Merryn, Cornwall, PL28 8JZ
South West
£200,000Guide Price
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
2Type
DetachedFeatures
- Garage
- Garden
- Parking
Description
Offered at auction, this two-bedroom detached house is set on the outskirts of St Merryn and is described as requiring modernisation. The ground floor has an entrance hall, lounge/diner and kitchen, with two double bedrooms and a bathroom on the first floor. The property also has gardens, a garage and parking to the rear, with countryside and sea views noted in the listing.
St Merryn has a primary school, convenience store, delicatessen, restaurants and pubs. The village is within four miles of seven beaches and Padstow, where there are shops, cafes, restaurants and a harbour. The auction is scheduled for 3 November 2026 at 1pm. Buyers should check the auction terms, fees and legal documents before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
This is a light modernisation project with a distinctive setting: a detached two-bedroom home on the outskirts of St Merryn, with countryside and sea views described in the listing, plus gardens, garage and parking. The photographed bedrooms and bathroom offer scope for fresh finishes and flooring, while the overgrown garden and weathered timber outbuilding provide further opportunities to improve the outside space. The guide price is £200,000, but floor area is missing, so value versus local £/sqf cannot yet be judged. As this is an auction, bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
The renovation range is £7,000–£16,000. Limited photo coverage makes the renovation estimate further provisional. The overall score is 46/100, grade E: the project has appealing location and improvement potential, but the available information does not establish its value or residual economics.
Key opportunities
- Refresh the dated finishes and older-looking flooring in the photographed bedrooms and bathroom.
- Formalise the overgrown rear garden and assess whether the weathered timber outbuilding can be repaired or improved.
- Make the most of the detached setting, with countryside and sea views described in the listing, plus garage and rear parking.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£756
Based on a loan of £150,000 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.
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