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Polkirt Hill, Mevagissey, St. Austell

South West

£350,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1217 sqft

Description

This detached Grade II Listed cottage, boasting stunning harbour views, presents an intriguing opportunity for renovation or potential redevelopment (subject to relevant consents). Featuring three bedrooms, a garage, off-street parking, and a garden, this property is situated in Mevagissey - a vibrant fishing village that offers essential amenities such as shops, cafes, schools, and public transport links to St Austell. The cottage's accommodation includes multiple entrances, two staircases, and a mixture of living spaces that could be reconfigured to suit modern tastes. The outdoor space is private and generous, allowing for improvements that leverage the picturesque surroundings. With mains utilities connected and oil central heating in place, the groundwork for a successful restoration exists; however, significant upgrades are required to bring this charming cottage back to its former glory.

Investment Analysis

(PL26 area)

Above Market Value

This property is priced +0.1% above area average per sq ft

+0.1%
This Property
£288/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£384,675
10% above area average per sq ft
Potential ROI
-10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 2.9%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on PL26 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

Polkirt Hill, Mevagissey, St. Austell
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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
£1,282
Based on a loan of £262,500 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