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Carrick Way, St Mawes

South West

£925,000
Listed on 16/04/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1120 sqft

Description

Nestled in the picturesque coastal village of St Mawes, this two-bedroom single-storey home offers a unique blend of scenic charm and renovation potential. With impressive 180-degree views spanning St Mawes harbour and the National Trust's St Anthony Headland, this property presents an opportunity to create a personalized retreat in a highly desirable location. Inside, the home's layout features an open-plan kitchen, dining, and living area that serves as the heart of the residence. This spacious zone is complemented by a sunroom, where you can enjoy breathtaking views throughout the year. The accommodation includes two well-proportioned double bedrooms and a family bathroom equipped with both a bathtub and separate shower. A convenient additional W.C. provides practicality for guests, while an integrated single garage enhances utility with plumbing for laundry appliances. The property’s outdoor space is equally inviting. A landscaped rear garden is adorned with mature shrubs that add character and privacy to the setting. The gentle slope of the plot creates an expansive feel and allows for direct access to a sun terrace from the main living area—an ideal spot for enjoying morning coffee or evening views. What truly sets this property apart is its approved planning permission for an extension that would transform it into a modern three-bedroom home. This project includes plans for an en-suite master bedroom and a dedicated utility room, providing significant opportunities to enhance both functionality and resale value. St Mawes itself is renowned for its charming harbor, beautiful beaches, and rich history, including landmarks like Henry VIII’s castle. The village offers all essential amenities within close proximity, including local shops, cafes, restaurants, and regular ferry services to Falmouth. For those looking to invest or renovate in a captivating coastal environment, this property not only promises immediate comfort but also significant potential to evolve into your dream home amidst one of Cornwall's most sought-after locations. With its combination of stunning vistas, flexible living spaces, and promising development prospects, this home stands out as an attractive option for buyers seeking both tranquility and opportunity on the Cornish coast.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +107.7% above area average per sq ft

+107.7%
This Property
£826/sq ft
Area Average
£398/sq ft

Renovation Potential

Est. Renovation Cost
£92,500 - £231,250
10-25% of property value
Target Value
£489,782
10% above area average per sq ft
Potential ROI
-57.6%
After renovation
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +11.6% over the last 12 months
3 year growth: 0.2%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on TR2 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

Carrick Way, St Mawes
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