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See how verdicts work2-bedroom house · PL26 6UH
Under offerListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This deceptively spacious two bedroom property has the appearance of a character cottage and yet forms an impressively spacious maisonette with accommodation laid out over three floors.
The property has some rural views looking over the rooftops, is set within this old period stone fronted building, within a stones throw of the harbour, feels like a three storey cottage that is elevated to the first floor level and yet has its own ground floor entrance.
The grade II listed property is in need of internal refurbishment/ updating and is available with no chain.
The property has been used as a main home for many years and would make a great main home again/ investment rental property/second home/ holiday home with great income potential.
There is a front entrance door from Jetty Street, Just seconds along from the harbour, that leads to the first floor main living accommodation.
There is a good size kitchen with pine fronted kitchen units, staircase up to the second floor accommodation, a window out overJetty Street and there is access to the lounge/ dining room/ bedroom two.
The lounge/ dining room has a built in cupboard and a window out onto Fore Street.
From the kitchen, a staircase leads to the second floor accommodation comprising lounge/ potential second bedroom by adding one stud wall and a doorway which in turn would give separate access to the bathroom.
The potential second bedroom currently has a fitted shower cubicle, built in wardrobe and a window out onto Jetty Street.
The bathroom is in need of updating but currently has a white suite, built in airing cupboard and a window out onto Jetty Street.
A further staircase leads to the third floor main bedroom with its window out onto Jetty Street and there is a deep over stair cupboard. EPC - F. Council Tax - A A floor plan will follow shortly.
First Floor Kitchen 14' at longest point and including stairs x 8'9" excluding recess (4.27m x 2.67m) Lounge/ Dining Room/ Bedroom 2 12' x 12'4" (3.66m x 3.76m) Second Floor Landing Lounge/ Potential Bedroom Two Just over 11'6" at longest point x 9'1" at widest point excluding recess wardrobe (3.51m x 2.77m) Bedroom One 12'4" x 9' excluding recess (3.76m x 2.74m) As a working fishing village on the south Cornish coast, Mevagissey is renowned for its labyrinth of quaint cob and slate fishermans cottages, retaining much of its charm through its tiny winding streets and is particularly noteworthy for its historic twin harbour walls.
Much of the nearby coastline is owned and protected by the National Trust and offers spectacular coastal walks.
Mevagissey caters well for everyday needs having everyday shops, gift shops, public houses and restaurants, as well as an activity/sports centre with sports grounds.
Locally there is Polstreath beach which is within walking distance, as well as Porthpean, Gorran Haven and Caerhays beaches being near by.
Nearby is the historic port of Charlestown and the sailing estuaries of the popular coastal town of Fowey. Nearby attractions for visitors include Heligan and The Eden Project.
The market town of St Austell is approx.
5 miles distant and has a further range of shopping, schooling and social facilities together with main line railway station, bus station, library, sports/leisure centre, choice of at least three golf courses and recently constructed cinema.
The popular Cathedral City of Truro approx. 17 miles distant) has fine shopping, theatre, cinema and restaurants, whilst Newquay Airport provides flights to London Gatwick amongst other destinations.
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.
Area
Agent & docs

FAQ
About Mevagissey, Cornwall, PL26
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