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Riviera Lane, St Mawes

South West

£1,650,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This impressive Edwardian detached house presents a unique investment opportunity with considerable renovation potential. Situated a mere 150 yards from the tranquil Tavern Beach and the coveted waterfront of St Mawes, this property boasts stunning panoramic views across the sea and harbor, enhancing its appeal as a versatile coastal residence. Currently configured as two distinct self-contained apartments, each benefiting from a strong holiday letting history, the house can continue to serve as an investment or be transformed back into a spacious family home thanks to lapsed planning permission (PA19/05998) for significant alterations. Plans include restoring it to its original grandeur with four to five bedrooms, adding modern amenities while preserving period features. Outside, the property offers off-road parking and mature gardens with potential for further development, such as building a detached garage. With nearby local amenities and rich coastal activities, this location not only supports personal enjoyment but also promises excellent rental returns. The flexible layout makes it suitable for multi-generational living or as an ideal holiday retreat.

Investment Analysis

(TR2 area)
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Riviera Lane, 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
£6,044
Based on a loan of £1,237,500 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