2-bedroom house · PL23 1PL
For saleReduced £30k (−7.1%) on 25 JulListed 570 days
Opportunity summary
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About
A stylish 2 bedroom property situated close to the water with water access and and A frape (under licence from harbour commission). Lovely terraced garden which attracts sun all day.
Currently A successful holiday let. Please ask for further information The Location Polruan lies on the east bank of the river Fowey, just inside the entrance to Fowey harbour.
The village has its own general stores, sub post office, tea rooms, two public houses and a long established boat building and repair yard.
The village is connected to Fowey, which has a wider range of small shops and businesses catering for most day to day needs, by a regular passenger ferry.
The immediate area is surrounded by many miles of wonderful coast and countryside, much of which is in the ownership of the National Trust.
Once away from the immediate local lanes, there are good road connections to the motorway system via the A38/A30.
Railway connections (London Paddington) can be made at a number of local stations (Par, Liskeard & Lostwithiel).
The Property A lovely property, situated in a sought after location off West Street and close to the Polruan block house.
With contemporary styled accommodation, the cottage has lovely views from both the living area and bedrooms.
A well appointed kitchen/dining room overlooks the beautifully styled garden, which has the benefit of a summerhouse in the top corner, an ideal spot to watch the comings and goings of the harbour.
Originating from the early 1800's, the property has undergone a number of changes over the years and has now been upgraded by the current owner, with great attention to detail.
This lovely cottage would make a fabulous second home or continue as a holiday let. The vendors are selling chain free.
Accessed via shared steps from West Street, a wooden gate opens to the attractive garden and a door opens to the well appointed kitchen with large window and dining area overlooking the garden.
This light and airy room has a further window to the side elevation and useful cupboard for storage.
A hallway, with double doors opening out onto the garden area, leads through to the rest of the property.
Steps lead up to the spacious sitting room with large picture window looking out to the harbour and wonderful water views.
There is a wood burner for those chillier Winter evenings and high ceilings compliment the feeling of space, throughout the majority of the property.
Steps also lead to the second of the bedrooms, configured as a twin room and with views to the water. There is a door leading to the en-suite shower room.
From the hallway a door opens to the spacious principal bedroom with large window offering views to the water. It also benefits from an en-suite shower room.
Outside The terraced garden offers various areas to sit out and enjoy the sun, and the higher you go the better the water views get!
With built in timber seating and paved areas for table and chairs, at the highest point, there is a summerhouse. An ideal spot to watch the activities on the water.
There is timber balustrade fencing and borders are planted with interesting plants and shrubs. The property benefits from shared access down neighbouring steps where there is access to the water.
A frape is held on license from the Harbour Commissioners. Please ask for further details. Epc Rating - D Council Tax Band - A Tenure - Leasehold Held on 999 year lease with 990 years remaining.
Ground Rent £20 pa. Maintenance and repair of shared passageway and steps 50%, as required.
Viewing Strictly by appointment with the Sole Agents: May Whetter & Grose, Estuary House, Fore Street, Fowey, Cornwall, PL23 1AH.
Tel: Email: Services None of the services, systems or appliances at the property have been tested by the Agents.
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 Castle Green Cottage,, West Street, Polruan
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