3-bedroom terraced house · PL26 6SP
Under offerListed 112 days
Opportunity summary
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About
This deceptively spacious three bedroom, double fronted cottage is positioned within a short level walk of the harbour and village facilities and offers beautifully presented accommodation laid out over three floors.
This old Cornish cottage boasts three double bedrooms, an updated bathroom and separate shower room, a nicely updated kitchen and there is access from the lounge/dining room to the generous courtyard style garden that is a real rarity for a house in this location.
Entrance hall, lounge/dining room with access from the lounge to a utility cupboard and there are views over the courtyard garden from the dining area. Updated kitchen.
Off the first floor landing there is a double bedroom, a bathroom and a separate shower room. A staircase leads to the second floor landing where there are two further double bedrooms.
Courtyard style garden that is enclosed and walled on four sides. The property is currently used as a holiday home as well as being let out on a holiday let basis with great income potential.
Subject to negotiation, the cottage can be bought furnished and ready to use, or to continue renting out on a holiday let basis and to inherit any future bookings and income. Double glazing. NO CHAIN.
EPC - E. Council Tax Band: TBC. Further information to follow.
Lounge 12'1" excluding recess x 10'9" (3.68m x 3.28m) Dining Area 11" x 5'3" wall to wall and excluding entrance recess (3.35m x 1.60m) Kitchen 11'11" at longest point but excluding recess x 8'6" (3.63m x 2.59m) Bedroom Three 13' excluding recess x 9" (3.96m x 2.74m) Bedroom One 13'1" at longest point x 11" at widest point (3.99m x 3.35m) Bedroom Two 13'1" x 8'11" (3.99m x 2.72m) 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 the Lost Gardens of Heligan and The Eden Project.
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
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FAQ
About Mevagissey, Cornwall, PL26
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