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See how verdicts work2-bedroom terraced house · PL23 1DU
Listing removedListed 341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM, END OF TERRACE HOME WITH FRONT AND REAR GARDENS, LARGE GARAGE AND OUTSIDE STORE. VIEWS OF THE FOWEY RIVER AND COUNTRYSIDE BEYOND FROM THE FIRST FLOOR.
THE HOUSE IS WELL PRESENTED ALTHOUGH SOME MODERNISING IS REQUIRED.
**SELLING CHAIN FREE WITH VACANT POSSESSION.** Location - Fowey is regarded as one of the most attractive waterside communities in the county.
Particularly well known as a popular sailing centre, the town has two thriving sailing clubs, a famous annual Regatta and excellent facilities for the keen yachtsman.
For a small town Fowey provides a good range of shops and businesses catering for most day to day needs.
The immediate area is surrounded by many miles of delightful coast and countryside much of which is in the ownership of the National Trust.
Award winning restaurants, small boutique hotels, excellent public houses etc, have helped to establish Fowey as a popular, high quality, destination.
There are several excellent golf courses within easy reach, many world class gardens are to be found in the immediate area and the fascinating Eden Project with its futuristic biomes is just 5 miles to the north west.
There are good road links to the motorway system via the A38/A30. Railway links to London, Paddington, can be made locally at Par, and St.
Austell and there are flights to London and other destinations from Newquay.
Green Lane is Primarily a residential road in Fowey and conveniently located a short stroll down to the town and local amenities.
Accommodation - Extended in the past, this much loved two bedroom end of terrace would make the perfect main home.
A door opens into a warm and welcoming entrance hall, ideal for hanging coats and storing shoes. Stairs rise up to the first floor and the hallway gives access to the living room and kitchen.
The living room provides space to relax and unwind centred around a gas fire place whilst an archway divides the room from a dining area which looks over the front garden.
To the rear, is a kitchen which comprises of base and wall storage units and an integral gas oven and hob. There is space to either extend and/or update the units or have a small table and chairs.
A door leads into a rear extension which comprises of a utility room, with door to the front courtyard. Access can also be gained to the rear garden.
There is also a separate WC with wash hand basin and vanity cupboard and an airing cupboard. Stairs rise up to the first floor landing.
A single bedroom benefits from large, floor to ceiling built-in storage cupboards and enjoying lovely views over the roof tops to the Fowey river and countryside beyond.
A generous sized double bedroom has a front aspect view and has a large, single built-in cupboard.
A shower room comprises of single shower cubicle, a WC and wash hand basin with vanity unit, Outside - A path leads from Green Lane, through front garden which is mostly laid to lawn to a crazy paved courtyard area.
This area is plenty big enough for a table and chairs to sit and relax . Doors lead into either the utility room, handy for muddy boots and wet coats or into the entrance hall.
To the rear, there is a lane which gives access to garages, parking spaces and rear gardens along Green Lane. 16 has a large garage/workshop and an outbuilding, useful for storing garden equipment.
There is a paved seating area and lawned garden. Steps lead up to the rear utility door.
Epc Rating - D - Tenure - Freehold - Council Tax Band - B - Local Authority - Cornwall Council, 39 Penwinnick Road, St Austell, Cornwall, PL25 5DR Services - None of the services, systems or appliances at the property have been tested by the Agents.
Viewing - Strictly by appointment with the Sole Agents: May Whetter & Grose, Estuary House, Fore Street, Fowey, Cornwall, PL23 1AH. Tel: Email:
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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