We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · TR2 5BH
Under offerReduced £80k (−10.7%) on 15 SepListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
South-Facing St Mawes Cottage With Harbour Views, Sun Terrace And Private Garden.
A deceptively spacious and beautifully presented fisherman’s cottage, Little Mariners enjoys a welcoming atmosphere, glorious harbour views, and a coveted south-facing position within one of the village’s oldest and most sought after terraces.
Accommodation Summary (Floor Area: 768 sq. Ft. (71.3 sq. M.)) Ground Floor Entrance Porch, Hall, Living Room, Kitchen / Dining Room, Shower Room.
First Floor Landing Sitting Area, Two Double Bedrooms, Bathroom. Outside: South Facing Front Sun Terrace, Private Rear Garden, Detached Timber Chalet, Log Store.
Internally Pleasantly located within a conservation area, Little Mariners is a charming fisherman’s cottage that has been sympathetically updated in recent years, blending period character with elegant modern comforts.
The property is light and airy throughout, retaining many attractive older features including panel doors, beamed ceilings, fireplaces, and exposed stonework, while modern additions include double-glazed wooden sash windows, electric underfloor heating to the stone flagged floor in the living room and kitchen / dining room, and recently updated electric radiators throughout.
Upon entering through the entrance porch and hall, the living room immediately impresses with its open beams, fireplace with wood-burner inset, and two shelved alcoves with cupboards to either side.
A wooden double-glazed sash window with seating captures beautiful harbour and beach views, creating a warm and inviting focal point.
The views continue through to the kitchen / dining room, where a clever large opening in the dining area incorporates built-in seating.
The modern shaker style kitchen is fitted with integrated appliances, with a rear door and steps rising to the garden.
An older style timber door leads to a tasteful downstairs shower room, finished with style and a contemporary feel.
The first-floor landing has been thoughtfully opened up to create a relaxing sitting area, formerly a third bedroom, with a feature double-glazed window perfectly positioned to admire the wonderful views over the harbour.
The main bedroom has a cast iron fireplace, wooden floor, and a double-glazed sash window with seat, again capturing the enchanting outlook.
Off the rear landing is a stylish bathroom and a rear double bedroom, which benefits from direct level access to the private rear garden.
Externally The front and rear gardens are a major attraction of Little Mariners, landscaped for ease of maintenance, privacy, and enjoyment.
To the front, the south-facing sun terrace has been designed to maximise the outstanding vista, providing an ideal setting for sun-bathing, relaxing, and alfresco dining.
The part lime washed and exposed stone walls naturally complement the cottage’s character and setting.
To the rear, the private garden includes a selection of flowering shrubs and plants, together with a detached timber chalet measuring approximately 9’7” by 9’5”, complete with electricity.
Subject to any necessary planning consents, the chalet offers potential for further ancillary accommodation. A log store is located to the rear of the chalet.
The Views With its southerly aspect and elevated position, Little Mariners enjoys glorious views from all principal rooms and the front sun terrace.
The outlook extends across St Mawes Harbour, encompassing Summers Beach, the Percuil River, Place, and the unspoiled, part-wooded National Trust owned St Anthony Headland beyond.
From morning light over the harbour to tranquil evening scenes across the water, the views are an exceptional feature of this charming coastal home.
Summary An ideal holiday retreat, Little Mariners is equally suitable for permanent occupation.
Decorated in relaxing pastel shades, the property offers a rare combination of character, comfort, privacy, and captivating harbour views.
Viewing internally is strongly advised to appreciate the views, character, contemporary style, and enviable position this most charming cottage offers.
Location Summary (Distances and times are approximate) St Mawes Quay and Sailing Club: 350 yards walk. Tavern Beach: 170 yards walk. King Harry Car Ferry: 5 miles. Truro: 10 miles via car ferry.
Falmouth: 20 minutes by passenger ferry or 15 miles by car ferry. Cornwall Airport Newquay: 29 miles with flights to London other UK Regional Airports and European Destinations.
St Austell: 15 miles with London Paddington 4.5 hours by rail. St Mawes The exclusive Cornish coastal village of St Mawes was voted in 2020 by a Which?
Customer Survey as the “Top Seaside Town in the UK”.
This enchanting south facing harbour village, named “Britain’s St Tropez” by the Daily Mail, is found on the eastern side of the Fal Estuary, in an Area of Outstanding Natural Beauty.
Much of its surroundings are owned by the National Trust. The village is centred round its quaint harbour, its own beaches and Castle built by Henry VIII.
There is an all-year-round pedestrian ferry service to and from Falmouth and a seasonal ferry runs to Place, providing access to the scenic walks on the National Trust owned St Anthony Headland.
Local Amenities St Mawes has a wide range of amenities, which are open all year, including two bakers, convenience store, post office/newsagent, doctors, dentist, pharmacy, village hall, social club, churches, delicatessen and clothing shops.
The village also has two public houses, and an excellent range of cafes, restaurants, art galleries, gift and ice cream shops.
Olga Polizzi's Hotel Tresanton and the chic Idle Rocks Hotel both lure the rich and famous. The village has superbly varied and accessible sailing waters and an active sailing club.
Cornwall The Duchy of Cornwall offers a range of attractions such as the Eden Project, the National Maritime Museum, the Lost Gardens of Heligan, and the Tate Gallery.
The Cathedral City of Truro is the main financial and commercial centre of Cornwall. It has a fine range of shops, private schools, college and main hospital (rch Treliske).
Fine Dining Restaurants Fine dining Michelin star and celebrity chef restaurants are in abundance, including Rick Stein (Padstow), Nathan Outlaw (Port Isaac), and Paul Ainsworth (Padstow and Rock).
On The Roseland is Carla Jones at The Idle Rocks Hotel in St Mawes, Paul Wadham at Hotel Tresanton in St Mawes, and Simon Stallard at The Hidden Hut on Porthcurnick Beach and The Standard Inn in Gerrans.
General and Material Information Material Information (Including Key Facts for Buyers): Please go to the media / brochure tabs, or ask us for a PDF copy.
Services: Mains water, electricity and drainage. Electric underfloor heating in the living room and kitchen, plus electric radiators throughout.
Energy Performance Certificate Rating: E Council Tax Band: Business Rated Land Registry Title Number: CL144798 Tenure: Freehold Viewing: Strictly by appointment with H Tiddy.
The property is currently a holiday let with viewings only possible on Fridays during the weeks the cottage is occupied.
Furnishings, Contents and Effects: With the exception of the seller’s personal belongings or items of a sentimental nature, the tasteful furnishings, contents and effects are available by separate negotiation.
Important Notice Every effort has been made with these details, but accuracy is not guaranteed, and they are not to form part of a contract.
Representation or warranty is not given in relation to this property. An Energy Performance Certificate is available upon request.
The electrical circuit, appliances and heating system have not been tested by the agents. All negotiations must be with H Tiddy.
Before proceeding to purchase, buyers should consider an independent check of all aspects of the property.
Further information on mobile coverage and broadband availability is found on Ofcom and Openreach ‘checker’ websites. Visit the website for further information and to ‘check long term flood risks.
General Data Protection Regulations: We treat all data confidentially and with the utmost care and respect.
If you do not wish your personal details to be used by us for any specific purpose, then you can unsubscribe or change your communication preferences and contact methods at any time by informing us either by email or in writing at our office in St Mawes
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs
.png)
FAQ
About Little Mariners, 12 Chapel Terrace, Truro
Explore nearby