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See how verdicts work2-bedroom house · TR2 5AR
For saleListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pelyn and Polmaro are two purpose-built, self-contained one bedroom apartments positioned overlooking Freshwater Boatyard, with views across the yard to the Percuil River.
Each apartment has a similar layout, with an open-plan kitchen, living and dining room, a double bedroom, shower room and a full-width balcony positioned to enjoy the outlook over the river, moorings and daily activity of the boatyard.
Pelyn occupies the ground floor, while Polmaro sits above on the first floor and is accessed externally.
The accommodation is practical, bright and well suited to holiday or long-term use in its current form. There is parking to the front of the apartments for up to 3 cars.
During the summer months, the outlook is shaped by the river, moorings and boating activity and the principal appeal of the property lies in the setting and future potential.
For a buyer seeking a foothold in St Mawes, the property offers an unusual opportunity in a highly prized waterfront environment.
Subject to the necessary planning permission and consents, there may be potential to combine or reconfigure the two apartments to create a single waterside home with superb views and private parking.
A potential CGI image is displayed of what could be possible.
This is purely computer generated and no planning permission is currently in place for such works, and buyers should make their own enquiries.
Pelyn and Polmaro are situated overlooking Freshwater Boatyard on the edge of St Mawes, with stunning views over the sheltered tidal waters of the Percuil River.
The boatyard was established in the late 18th century and remains a characterful working environment, with boat storage, launching, repairs and moorings contributing to the distinctive waterfront atmosphere.
St Mawes is one of Cornwall's most desirable coastal villages, set on the Roseland Peninsula and surrounded by outstanding natural beauty.
The village offers a harbour, beaches, pubs, restaurants, shops and regular passenger ferry services to Falmouth.
From St Mawes, the Carrick Roads, Percuil River and Fal Estuary provide superb opportunities for sailing, kayaking, paddleboarding and exploring by boat.
The wider Roseland Peninsula is known for its creeks, beaches, coastal walks and unspoilt villages including Portscatho, Veryan and St Just in Roseland.
St Anthony Head, the South West Coast Path and numerous secluded coves are also within easy reach.
Truro provides a wider range of amenities and a mainline rail service to London Paddington, while Newquay Airport offers domestic and European flights.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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