3-bedroom house · PL23 1HG
For saleListed 224 days
Opportunity summary
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About
A pretty mid-terrace cottage full of character and charm. 2 bedrooms, open plan living area, front and rear garden with allocated off-road parking space. Holiday let/home use only. Selling chain free!
Location Fowey is regarded as one of the most attractive waterside communities in the county.
Particularly well known as a popular sailing centre, the town has two thriving sailing clubs, a famous annual Regatta and excellent facilities for the keen yachtsman.
For a small town Fowey provides a good range of shops and businesses catering for most day to day needs.
The immediate area is surrounded by many miles of delightful coast and countryside much of which is in the ownership of the National Trust.
Award winning restaurants, small boutique hotels, excellent public houses etc, have helped to establish Fowey as a popular, high quality, destination.
There are several excellent golf courses within easy reach, many world class gardens are to be found in the immediate area and the fascinating Eden Project with its futuristic biomes is just 5 miles to the north west.
There are good road links to the motorway system via the A38/A30. Railway links to London, Paddington, can be made locally at Par, and St.
Austell and there are flights to London and other destinations from Newquay. Lawhyre is a beautiful and very popular collection of holiday homes on the edge of Fowey.
A cluster of renovated holiday cottages, which were originally farm outbuildings, situated in the perfect place to relax.
A public footpath leads from Lawhyre down a pretty tree-lined parade to Readymoney Cove and a stroll down to Fowey town and harbour is manageable for most.
Within a short walk is a small supermarket perfect for guests and owners alike.
Lawhyre has communal areas from the entrance into the site, designated parking spaces, a clothes drying area, a bin store and a small pocket of grass/picnic area.
There are eight other dwellings which use the entrance and driveway to gain access.
Accommodation From the parking area, a path leads to the front door through the garden, which is mostly laid to lawn with mature shrubs.
The front door opens directly into the open-plan living area, which has a warm and welcoming feel and is full of cottage character.
An ornate stone fireplace is the focal point of the sitting room, which currently houses an electric wood effect fire. There is plenty of space for a dining table and chairs.
A cupboard near the front door provides storage space and is home to the gas boiler. A very useful cupboard under the stairs is great for storing away cleaning equipment.
A door opens out to the rear garden terrace. The kitchen has wall and base storage cupboards, and there is space for an under-counter fridge and washing machine.
The electric cooker and electric hob are integral. Stairs rise to the first floor, which comprises a large double bedroom with a front aspect and a twin bedroom with a rear aspect.
Both bedrooms have floor-to-ceiling windows which let in plenty of light. The twin bedroom has a built-in wardrobe. The bathroom has a bath with a shower attachment, WC and a hand wash basin.
Outside The front garden is mostly laid to lawn with a mature shrub border. A path leads to the front door.
To the rear, accessed from the living area, is a raised patio sitting area - an ideal place to relax with a good book or dine outside when the weather permits.
Agents Notes * Planning permission was granted for the cottages to be used solely as holiday lets/homes.
* There is a restricted usage: 'The unit hereby permitted shall not be occupied by any person, family or group for a period of more than 6 weeks in any one calendar year' * The property is freehold and forms part of Lawhyre Management Company.
* The cottage contributes approximately £250,00 pa to the upkeep of communal areas. * Furniture, fixtures and fittings are available by separate negotiation.
Tenure - Freehold Small Business Rates Epc Rating - D Local Authority Cornwall Council, 39 Penwinnick Road, St Austell, Cornwall, PL25 5DR Services None of the services, systems or appliances at the property have been tested by the Agents.
Viewing Strictly by appointment with the Sole Agents: May Whetter & Grose, Estuary House, Fore Street, Fowey, Cornwall, PL23 1AH. Tel: Email:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Mill Cottage, Lawhyre,, Polvillion Road, Fowey
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