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Hillhead, St Mawes

South West

£1,300,000
Listed on 05/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2301 sqft

Description

This spacious village property presents a unique opportunity for renovation with its current configuration as two self-contained flats, potentially transformable into a large four-bedroom home. Positioned attractively to offer exceptional water and countryside views, the property boasts a wrap-around garden and off-road parking—features that enhance its investment appeal. Although functional as-is, the space would greatly benefit from modern updates to elevate both its charm and functionality, providing an exciting chance to maximize the property's value while maintaining its distinctive character. The layout includes two main areas: Little Muskoka on the ground floor and Muskoka above. Both dwellings feature generous living spaces with stunning views of the harbour and surrounding nature. The ground floor has a cozy bed-sitting room alongside an en-suite, while the first floor offers an expansive L-shaped living area with direct access to a balcony overlooking the picturesque landscape. Offering scope for further development subject to planning permissions, there is potential for side extensions or even the construction of an additional dwelling on-site—a fantastic prospect for those keen on creating extra living space or rental income opportunities in this desirable coastal area.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +50.0% above area average per sq ft

+50.0%
This Property
£565/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£249
Avg Yield
2.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£953,212
10% above area average per sq ft
Potential ROI
-31.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by -6.3% over the last 12 months
3 year growth: 0.0%
5 year growth: +3.0%
Investment Disclaimer: Analysis based on TR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hillhead, St Mawes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,689
Based on a loan of £975,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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