Versatile modern home with strong holiday rental potential in sought-after Padstow.
Stunning estuary and countryside views from large composite-decked balcony
Olcote House is a substantial, individually designed detached property on a large plot in Padstow, offering striking estuary and countryside views from a generous composite-decked balcony. The home is arranged over multiple levels with a spacious kitchen/dining room and living room on the first floor, plus a versatile ground-floor bedroom/office and three double en-suite bedrooms above. Built and fitted to a modern specification, the house includes double glazing, gas central heating and three sizable basement stores ideal for equipment or additional storage.
Currently run as a successful bed-and-breakfast with two letting rooms, the house presents a clear investment opportunity — it could remain as a traded business, convert to self-catering rental, or return to sole residential use. Key income drivers are the high-demand seaside location, nearby Michelin-starred restaurants, watersports amenities and easy access to popular beaches and golf facilities.
Buyers should note some practical points: the integral double garage has been temporarily subdivided with studwork, and the property’s multi-level layout and terraced gardens require ongoing maintenance. Council tax is higher (Band G), and the house sits in a remoter, small-town fringe location that favours buyers seeking tranquillity and tourism footfall rather than urban convenience.
Overall, this is a rare modern detached home in a desirable estuary town, offering flexible use, strong rental potential and memorable views for purchasers prepared to manage a serviced-property or adapt it for private living.
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