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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 single-storey home offers a compelling mix of serene living and renovation potential. With two spacious double bedrooms and a well-designed open-plan kitchen, dining, and living area, the property boasts ample natural light and stunning 180-degree views of the St Mawes harbour and the nearby National Trust’s St Anthony Headland. The inviting interior includes a family bathroom with a separate shower, an additional W.C., and practical features such as an integrated garage with utility provisions for laundry needs. The flow of this home is enhanced by adjoining spaces that encourage both relaxation and entertaining. Beyond its current configuration, this property holds significant investment potential with approved planning permission for an extension. The plans propose adding an en-suite double bedroom and a dedicated utility room while reconfiguring the existing layout to improve functionality. This presents an exciting opportunity to expand the living space to meet personal preferences or increase rental value. Outside, the well-maintained garden features mature shrubs providing privacy and seasonal interest. A sun terrace adjoins the main living area, offering an idyllic setting for enjoying morning sunrises or evening views over the harbour. Driveway parking accommodates multiple vehicles, and access to village amenities is conveniently located via a footpath from the garden. St Mawes itself is renowned for its charming ambiance and vibrant community spirit. It boasts various local shops, cafes, restaurants, and recreational opportunities year-round. The ferry service to Falmouth enhances accessibility for those looking to explore further afield while enjoying breathtaking coastal scenery. With its unique combination of location benefits, existing comforts, and significant redevelopment possibilities, this home represents not just a residence but also a canvas for future growth in one of Cornwall's most sought-after villages.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +115.7% above area average per sq ft

+115.7%
This Property
£826/sq ft
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£471,794
10% above area average per sq ft
Potential ROI
-52.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +13.9% over the last 12 months
3 year growth: -3.4%
5 year growth: 2.6%
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

Carrick Way, St Mawes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,389
Based on a loan of £693,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE