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See how verdicts work3-bedroom house · PL26 6QL
Sold STCReduced £15k (−5%) on 20 JunListed 988 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunkin Homes are excited to be able to offer to the market this deceptively spacious three bedroom cottage in the heart of the historic fishing village of Mevagissey.
This charming character property offers two double bedrooms both with built in storage, a single bedroom, a kitchen diner and a living room the occupies the whole top floor.
Entry to the property is via a rustic wooden stable door, which leads into the kitchen diner.
Finished to a high standard with a range of fitted units and space for appliances, this generous room also offers plenty of space for a dining table and chairs.
From this room, a door leads to the family bathroom, comprising a bath with shower over, airing cupboard, heated towel rail, WC and hand basin, as well as stairs leading to the first floor.
On the first floor are the property's bedrooms. Bedroom one is located to the front of the cottage and is a generous double bedroom with two built in wardrobes.
The window in this room offers views over the village and lets the last of the evening sun flood the room.
Bedroom two is currently arranged as a twin bedroom with a further built in wardrobe and window to the front overlooking the village.
Bedroom three is a single bedroom with window to the rear and separate emergency exit door.
The whole of the top floor is dedicated to a bright and expansive living room with two windows to the front offering elevated views over the village.
The cottage is located in the centre of the village just a few hundred yards from the harbour, there is an area in front of the property where a car can be parked, however, this is not allocated to the property and is first come first served.
Permit parking is also available in the main carpark and on the harbour. Partial flying freehold.
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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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 57a Cliff Street, St. Austell
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