Initial price	£460,000
12/06/24	£450,000
Price Change	-2.17%

Porthilly is a luxurious two-storey duplex apartment located in the heart of Padstow, Cornwall, offering a blend of modern amenities and period charm. The property, which has been awarded a prestigious five-star gold rating by Visit England, is situated within a beautifully renovated building at 40 Duke Street, right in the midst of the bustling old town. The apartment features two double bedrooms with high beamed ceilings, enhancing the sense of space and character. The modern shower room is equipped with a curved glass shower enclosure and a drench shower. The living space is spread over two floors, with the lower level offering an open-plan design that includes a bespoke, fully integrated kitchen, engineered oak flooring, and a utility cupboard. The living and dining areas are dedicated spaces for comfort and entertainment. The rear of the building boasts an enclosed courtyard garden with a slate floor and an outdoor cold water shower, providing a private outdoor area. Porthilly is a successful holiday rental property, generating a reliable income stream as a 5-star gold-rated establishment. It is sold on a leasehold basis with the remainder of a 150-year lease from 2018, with ground rent of £25 per annum, a service charge of £1,600 per annum, and buildings insurance of approximately £600 per annum. The property is conveniently located on the doorstep of Padstow's vibrant quayside, shops, cafes, and restaurants, including Paul Ainsworth's Michelin-starred No.6, Prawn On The Lawn, and Rick Stein's Seafood Restaurant. Padstow offers an array of amenities, with a supermarket, excellent primary school, and proximity to sandy beaches and the Trevose golf course. For more extensive shopping and amenities, Wadebridge is just 7 miles away, while the nearest mainline station is Bodmin Parkway, about 20 miles distant, and the nearest airport is Newquay, approximately 14 miles away. The property's address is 40 Duke Street, Padstow, PL28 8AD, and it can be found on the first floor above Prawn On The Lawn.