2-bedroom flat · PL23 1DX
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor, two bedroom flat with garden and on site parking. Garage. Close to local amenities and short walk to town. No onward chain.
The 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.
The Property The property is located just a short walk from the centre of town and benefits from some lovely views over to Bodinnick and neighbouring countryside.
Located on the first floor, the apartment offers 2 bedroom accommodation with garden to the front, a parking space and garage located to the rear of the property.
Accommodation The front door opens to an entrance porch with door opening to useful utility/storage room with door to the rear courtyard. Stairs lead to the first floor hallway.
A sitting room is located to the front of the property with view over neighbours garden and Green Lane. A hearth houses an electric fire. Night storage heater.
The kitchen has a range of base units with cooker and space and plumbing for washing machine and there are lovely views over towards Bodinnick and countryside beyond.
There are two double bedrooms, one to the front of the property and one to the rear, with views over countryside. A family bathroom has WC, panelled bath and wash basin.
Outside Accessed directly from Green Lane, there is a parking space for one vehicle. The garage is located to the rear of the building with the garage door giving access directly on to Green Lane.
A pedestrian door has access from the small courtyard area. A garden is located to the front side of the property, and enclosed by mature hedging and is laid to lawn.
Tenure - Leasehold Council Tax Band - A Epc Rating - E Agents Note Probate has been applied for but not yet granted. Lease - 125 years commenced March 1989. 89 years remaining on the lease.
The lease will be extended once Probate is granted. 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. Local Authority Cornwall Council.
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.
Area
Agent & docs
FAQ
About 19, Green Lane, Fowey
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