3-bedroom semi-detached house · PL26 6RZ
Under offerListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This extremely well priced, three bedroom semi detached house, benefits from having a sunny and low maintenance garden, generous parking for around four cars and is located within a fairly level walk of the village center with its array of shops and facilities, the harbour, as well as the village park with play area that is located on the other side of the road from the property.
The house is very presentable and liveable, light and airy, with its very generous living space and does have tremendous scope in our opinion, to enhance and increase its value.
Entrance hallway, large open plan lounge/dining room with defined areas comprising lounge with window bay overlooking the garden and fireplace, dining room with opening to the kitchen, back door to the rear courtyard and there is a decorative, feature old cornish range (not functional).
The kitchen has an updated range of white fronted kitchen units with fitted oven and hob with canopied extractor fan above.
The first floor landing gives access to the main bedroom, also with a window bay overlooking the garden and there is a lovely old decorative cast iron fireplace.
The second bedroom is also a double bedroom, again with a decorative old cast iron fireplace.
The third bedroom is a single bedroom and there is a family bathroom fitted with a white suite with an electric shower fitted over the bath. Double glazing. Electric heating. No Chain.
EPC: Band E Council tax: TBC Further information to follow.
Lounge 16'7" Into window bay & up to defined tiled area of the dining room x 11'10" Including fireplace Dining Room 18'2" Including fireplace & built in cupboard x 10'7" To edge of recessed tiled area Kitchen 11'2" x 8'2" Bedroom 1 15' Into window bay x 11'9" Including fireplace Bedroom 2 11'10" Including fireplace x 11'8" Bedroom 3 8'2" x 6'9" 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 Heligan and The Eden Project.
The market town of St Austell is approx.
5 miles distant and has a further range of shopping, schooling and social facilities together with main line railway station, bus station, library, sports/leisure centre, choice of at least three golf courses and recently constructed cinema.
The popular Cathedral City of Truro approx. 17 miles distant) has fine shopping, theatre, cinema and restaurants, whilst Newquay Airport provides flights to London Gatwick amongst other destinations.
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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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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