5-bedroom house · PL23 1HN
For saleReduced £75k (−14.3%) on 31 JulListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Requiring modernisation throughout, the property offers enormous potential for buyers looking to create a bespoke home tailored to their own tastes and requirements.
The accommodation is well balanced and generously sized, large windows throughout allow for excellent natural light and offer scope to maximise outlooks over the surrounding plot.
The expansive grounds of approximately 0.14 acres provide ample space for landscaping, extensions (subject to necessary consents), outdoor entertaining, or simply enjoying the privacy and tranquillity of the setting.
There is significant potential to enhance both the garden and property.
Situated in the heart of Fowey, the home benefits from close proximity to the town’s renowned harbour, independent shops, restaurants and coastal walks, while retaining a sense of space and seclusion rarely found so close to the centre.
Offered to the market with no onward chain, this is an exceptional opportunity to modernise and add value in a highly sought-after location.
Accommodation Entrance via a wooden door with obscure glazed panelling inset opening into:- Hallway Doors off to all ground floor rooms, stairs rising to the first floor with under stair storage below, picture rail, radiator, parquet flooring.
Cloakroom Obscure uPVC double glazed window to the rear elevation, pedestal wash handbasin with individual taps, radiator, parquet flooring door into:- W.C Obscure uPVC double glazed window to the rear elevation, low-level W.C, parquet flooring.
Living Room Dual aspect having uPVC double glazed windows to the front and side elevations, radiators, fireplace with wooden mantle and slate hearth, parquet flooring.
Dining Room uPVC double glazed window to the front elevation, built in storage cupboards, radiator, parquet flooring.
Kitchen uPVC double glazed window to the rear elevation, a range of fitted wall and base units with square top work surfaces over incorporating a stainless steel sink and drainer with individual taps, built-in double oven, four ring gas hob, built in larder storage cupboard.
First Floor Doors off to all first floor rooms, radiator, access to attic via loft hatch, obscure double glazed window to the rear elevation.
W.C Obscure uPVC double glazed window to the rear elevation, low-level W.C.
Bathroom Obscure uPVC double glazed window to the rear elevation, pedestal wash handbasin with individual taps, towel radiator, bath with surround and individual taps having an electric shower over.
Bedroom uPVC double glazed window to the side elevation, radiator, built in wardrobe, picture rail.
Bedroom uPVC double glazed window to the front elevation, radiator, wash hand basin with individual taps and vanity storage below, built-in wardrobe, picture rail.
Bedroom uPVC double glazed window to the front elevation, radiator, picture rail.
Bedroom Dual aspect having uPVC double glazed windows to the front and side elevations, radiator, pedestal wash hand basin with individual taps, picture rail, feature fireplace.
Bedroom uPVC double glazed window to the side elevation, picture rail, wash hand basin with individual taps and vanity storage below, radiator.
Outside The property is approached via a private driveway providing off-road parking for multiple vehicles.
The gardens are well screened with a variety of mature trees and established shrubs dispersed throughout, creating a private and tranquil setting.
Predominantly laid to lawn, the enclosed garden offers an excellent outdoor space ideal for families, entertaining or further landscaping, with plenty of scope to enhance and personalize.
Store Easily accessed from the main residence is a range of store areas, utility space and W.C, this area provides fantastic storage opportunities or the potential to incorporate this with the current living accommodation subject to obtaining any necessary planning permissions required.
Services Mains water, electricity, gas and drainage. All services remain untested.
EE Rating E Council Tax Band F Directions What3Words – pythons.revolting.correctly Agents Note The property is being sold by executors who have no prior knowledge of the property, therefore there is limited material information known about the property.
EPC Rating: E Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 4 Lankelly Lane, Fowey
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