Worst House on the Street Logo
Vicarage Meadow, Fowey - Image 1
Vicarage Meadow, Fowey - Image 2
Vicarage Meadow, Fowey - Image 3
Vicarage Meadow, Fowey - Image 4
Vicarage Meadow, Fowey - Image 5

Vicarage Meadow, Fowey

South West

£425,000
Listed on 31/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1087 sqft

Description

Situated on a desirable residential road, this three-bedroom home presents a valuable opportunity for renovation and investment. Offered for the first time in over 25 years, this property combines spacious living areas with significant potential for personal customization to suit modern tastes. The layout spans two floors, providing ample room for family life. The front entrance leads into a practical hallway that connects to various areas of the home, including a sizable sitting room that features dual aspect windows allowing natural light to flow through. A gas coal effect fireplace adds charm to the main living space, although it may require some updating. The kitchen/dining area is functional with a range of base and wall units, offering the potential for refurbishment or reconfiguration, depending on your vision. It boasts a breakfast bar and ample space for dining, making it suitable for entertaining or family gatherings. A separate utility area in the attached garage includes plumbing provisions, enhancing convenience. Moving upstairs, the property accommodates three bedrooms, each offering a unique character. The principal bedroom is generously sized with built-in wardrobes and dual windows that provide pleasant views over the town and glimpses of the estuary. The additional two bedrooms are equally spacious, with built-in storage solutions adding to their utility. The exterior features include a paved driveway accommodating tandem parking in front of the garage and a terraced front garden bordered by stone walling. The rear garden is particularly noteworthy; it offers a level lawn area surrounded by mature hedges that grant privacy. With its existing workshop at the far end of the garden, there are opportunities to personalize this outdoor space further—be it enhancing landscaping or creating an outdoor entertainment area. Nestled in Fowey—a highly regarded waterside town known for its sailing culture and thriving local businesses—this location adds another layer of appeal for potential buyers or investors. Nearby recreational options abound with excellent golf courses and world-renowned gardens within easy reach. Fowey's vibrant community atmosphere includes award-winning restaurants and boutique shops catering to daily needs while providing an inviting backdrop for leisure activities. With established transport links including rail services to London Paddington from nearby stations and good access to major roadways via the A38/A30, this property not only represents a viable family home but also an attractive investment opportunity within one of Cornwall’s most picturesque towns.

Investment Analysis

(PL23 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£391/sq ft
Area Average
£438/sq ft

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£523,717
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Monthly Sales
3
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (PL23)

Area prices are rising by +12.8% over the last 12 months
3 year growth: -1.6%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on PL23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Vicarage Meadow, Fowey
Map showing location of Vicarage Meadow, Fowey
Open Map