Sold Flat

Station Road

Padstow, Cornwall, PL28, PL28 8DB

2 beds 2 baths Listed 12 Nov 2024 (-582d)

£550,000

Guide Price

Reduced on 18 May 2026 · Was £779,950

Save

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD (996 years remaining on lease)

Last sold

£755,000

Local average

£400,000 (+37.5%)

Deprivation

Decile 3 (9,174 of 33,755)

Street crime

9 incidents within 1 mile (Apr 2026)

Key features

  • RECENTLY CONSTRUCTED
  • GROUND FLOOR APARTMENT
  • CONTEMPORARY INTERIOR
  • TWO DOUBLE BEDROOMS
  • MASTER EN-SUITE
  • ALLOCATED PARKING
  • PATIO GARDEN
  • ESTUARY GLIMPSES

Additional details

Heating
Underfloor heating
Parking
Allocated
Garden
Patio

Description

JOINT AGENTS - TO BE SOLD AT AUCTION 04 June 2026
Strettons


A recently constructed ground floor apartment with immaculate accommodation throughout, situated within easy reach of the harbour and with the added benefit of an allocated parking space.

Follow the steps from the parking area down to the lower floor of the building where you will find 1 Knot Barn. Enter into a bright hallway and through to a comfortable open plan living area. A dual aspect room enjoying lovely glimpses of the estuary, a contemporary fitted kitchen with built in Bosch appliances, and sliding doors out to an enclosed patio area.

There are two good sized double bedrooms with solid Oak furniture included. The master bedroom enjoys en-suite shower facilities and there is also a modern family bathroom off the hall too, both with contemporary, neutral tiling.

The luxury accommodation includes underfloor heating throughout and a Mechanical Ventilation system. There are maintained communal grounds and an allocated storage cage, ideal for beach equipment or bikes.

Located within an exclusive development on the edge of the town centre, 1 Knot Barn has the best of both worlds, a peaceful resting place but with the buzz of the town in just a two-minute walk. 1 Knot Barn would be an ideal holiday home with excellent rental potential and easy lock up and leave situation, or would be equally suitable as a private residence.

Padstow is a highly desirable destination in the West Country. It is a striking harbour town, a working fishing port, and is surrounded by a stretch of coastline of outstanding natural beauty. Famous for it's selection of gourmet restaurants, including those of Rick Stein and Paul Ainsworth, Padstow offers an amazing culinary scene and several brilliant pubs and bars. Situated ideally by the South West Coast path for beautiful scenic walks, and of course, there are several stunning beaches within a short drive providing a huge choice of water sports.

ACCOMMODATION

ENTRANCE
Double glazed front entrance door to:

HALL
Doors to open plan living room, bathroom and bedrooms. Recessed spotlights, Karndean flooring, cupboard housing boiler and vent axia systems, new washer dryer.

KITCHEN, DINING & SITTING ROOM
Double glazed sliding doors giving access to the patio garden, double glazed window, Karndean flooring, recessed spotlights, a range of base and wall units with Ceasarstone worktop and under unit lighting, 1 ½ bowl stainless steel sink unit, built in Bosch appliances to include an electric oven with induction hob and extractor fan over, microwave, wine fridge, fridge / freezer, dishwasher.

BEDROOM 2
Double glazed window, recessed spotlights, wool carpet.

BATHROOM
Tiled flooring and part tiled walls, bath with shower over, low level WC, fitted wash hand basin, large mirror, heated towel rail, recessed spotlights.

BEDROOM 1
Double glazed window, recessed spotlights, wool carpet.

EN-SUITE
Tiled flooring and part tiled walls, large shower enclosure, low level WC, fitted wash hand basin, large mirror, heated towel rail, recessed spotlights.

PARKING
Allocated parking for one car.

GARDEN
Accessed from the living room is a low maintenance enclosed patio area where you can enjoy wonderful glimpses of the estuary.

SERVICES / NOTES
Leasehold tenure 996 years remaining. The property benefits from 7 years remaining Buildzone Warranty. Council tax band F. Annual maintenance fees of approx. £2,500, ground of £250pa. Traditional masonry construction, slate tiled pitched roof, double glazing throughout. Mains electricity (no EV charger installed, wiring available to connect to, or public facilities available within 1 mile), ground source heat pump, mains drainage, mains water. Underfloor heating throughout. Fibre broadband available, full mobile signal available.

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.

Listed by

Padstow

Cornwall Estates

Reference: 154878737

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
1 The Knot Barn, Station Road, Padstow 85 85 74 m² Flat
1 The Long Store, Station Road, Padstow 88 88 76 m² Flat
2 The Knot Barn, Station Road, Padstow 82 82 74 m² Flat
2 The Long Store, Station Road, Padstow 87 87 86 m² Flat
3 The Long Store, Station Road, Padstow 88 88 98 m² Flat
4 The Long Store, Station Road, Padstow 87 87 76 m² Flat
5 The Long Store, Station Road, Padstow 88 88 88 m² Flat
6 The Long Store, Station Road, Padstow 88 88 98 m² Flat
7 The Long Store, Station Road, Padstow 88 88 145 m² Flat
The Sail Loft, Station Road, Padstow 80 80 93 m² Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 01/01/2023 (3 years ago) £755,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street THE LONG STORE 4 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £755,000 19/10/2023 Flat
Same street THE KNOT BARN 2 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £730,000 19/10/2023 Flat
Same street THE KNOT BARN 1 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £755,000 09/10/2023 Flat
Same street THE SAIL LOFT STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £800,000 28/09/2023 Flat
Same street THE LONG STORE 1 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £730,000 05/09/2023 Flat
Same street THE LONG STORE 2 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £775,000 05/09/2023 Flat
Same street THE LONG STORE 5 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £795,000 05/09/2023 Flat
Same street THE LONG STORE 7 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £1,500,000 05/09/2023 Flat
Same street THE LONG STORE 3 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £800,000 05/09/2023 Flat
Same street THE LONG STORE 6 STATION ROAD, PADSTOW, CORNWALL, PL28 8DB £875,000 31/08/2023 Flat
26 FLAT DUKE STREET, PADSTOW, CORNWALL, PL28 8AB £319,999 04/05/2022 Flat
28 DUKE STREET, PADSTOW, CORNWALL, PL28 8AB £440,000 03/05/2022 Flat
38 HAWKERS DUKE STREET, PADSTOW, CORNWALL, PL28 8AD £280,000 15/03/2022 Flat
THE OLD MILL, 14 MILL ROAD, PADSTOW, CORNWALL, PL28 8BT £442,000 29/09/2021 Flat

Street average: £851,500 (10 sales)

Area average: £370,500 (4 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 35.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Flats and maisonettes. As of March 2026.

1y (index) -7%
5y (index) -2.2%
10y (index) 17.9%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £902/mo
Realistic £1,002/mo
Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Address

Station Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop New Street 0.1 miles
Bus stop Junction of Glynn Road 0.1 miles
Shop Rick Stein's Deli 0.1 miles
Shop Lazy Jacks 0.1 miles
Train station Boscarne Junction 9.0 miles
Train station Roche 9.6 miles
Hospital Bodmin Hospital 9.9 miles
Hospital Newquay Hospital 10.7 miles

Street-level crime

Category Count
Violence and sexual offences 5
Anti-social behaviour 1
Other theft 1
Public order 1
Vehicle crime 1
Total incidents 9

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Padstow School Primary 0.4 miles Good — 19 Oct 2023
St Minver School Primary 2.1 miles Good — 6 Dec 2011
St Issey Church of England Primary School Primary 2.3 miles Good — 21 Mar 2023
St Merryn School Primary 2.8 miles Good — 6 Dec 2013
Trevisker Primary School Primary 4.6 miles Good — 13 May 2013

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.18%
Max investor price (0.8%) £125,250
Target investor price (1%) £100,200
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).

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