5-bedroom house · PL23 1HN
Sold STCReduced £155k (−13.5%) on 20 JunListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive, substantially extended detached family home with a self contained annexe, set within generous private gardens on one of Fowey's most desirable residential lanes.
A five-bedroom residence offering spacious, versatile accommodation ideally suited to modern family living, multi-generational occupation, or those seeking income potential.
The property has been comprehensively modernised in recent years and is presented in excellent decorative order throughout.
At its heart is a contemporary fitted kitchen with well proportioned reception spaces provide flexible living and entertaining areas.
There are five generous bedrooms, two benefiting from en-suite shower facilities, in addition to a well-appointed family bathroom.
The one-bedroom annexe on the ground floor provides outstanding flexibility for dependent relatives, guest accommodation, a home office, or potential rental income (subject to any necessary consents).
Externally, the home is surrounded by mature, wrap-around gardens that afford a high degree of privacy, together with a large patio terrace ideal for outdoor entertaining.
A substantial driveway provides ample parking for multiple vehicles and leads to a large detached outbuilding, currently utilised as a workshop and storage space, which also benefits from a WC.
This highly versatile structure offers excellent scope for conversion into additional accommodation, workspace, studio, or annexe, subject to the usual planning permissions.
Overall, this is a well-appointed, spacious, and highly adaptable family home in one of Fowey's most desirable residential locations, combining modern comfort with excellent outside space, accommodation, and significant future potential.
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 30, Lankelly Lane, Fowey
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