Multi‑unit character estate near Padstow with strong letting potential and Class Q uplift.
Grade II* 17th-century farmhouse and converted stone buildings
Trenearne Farm is a restored 17th-century farmstead near Padstow, arranged as a cluster of converted stone buildings around a central yard. The principal Grade II* farmhouse and three high-quality conversions (The Dairy, The Forge, The Granary) together provide 12 bedrooms and 11 bathrooms across c.7,567 sq ft, plus generous terraces, private gardens and ample off‑street parking. The site sits in c.2.3 acres between Areas of Outstanding Natural Beauty, with easy access to Harlyn Bay, Padstow and the north Cornwall coast.
For investors this is a versatile, income-ready opportunity: the mix of five substantial dwellings is well suited to high-yield holiday lets, longer-term rental, or a boutique multi-unit retreat. Two further buildings (The Stables and Tractor Shed) already benefit from Class Q approval for residential conversion (PA22/04074), offering modest scope to increase lettable accommodation subject to completing those works and complying with listed‑building constraints.
Practical strengths include modern environmental systems (air/ground-source heat pumps and EV charging), fast broadband and excellent mobile signal — important operational advantages for holiday guests or long-term tenants. The property has shared sewage treatment, direct mains water and good parking allocation for each unit, plus a sizeable paddock and outbuildings that support storage, workshops or ancillary uses.
Notable constraints are material and must be considered: the principal farmhouse is Grade II* listed, which will restrict alterations and may complicate further conversions or commercial change of use. Several outbuildings require restoration and ongoing maintenance across the large plot, and drainage is via shared private systems rather than mains sewers. Access is along a single private lane, offering seclusion but requiring management for guest turnover or contractor deliveries. Overall, Trenearne Farm suits buyers seeking a character-rich coastal estate with immediate income potential and realistic additional development upside, provided they accept the responsibilities of listed status and rural property upkeep.