Worst House on the Street Logo
Windmill, Fowey - Image 1
Windmill, Fowey - Image 2
Windmill, Fowey - Image 3
Windmill, Fowey - Image 4
Windmill, Fowey - Image 5
Windmill, Fowey - Image 6
Windmill, Fowey - Image 7
Windmill, Fowey - Image 8
Windmill, Fowey - Image 9
Windmill, Fowey - Image 10
Windmill, Fowey - Image 11

Windmill, Fowey

South West

£150,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
710 sqft

Description

This ground floor apartment features two bedrooms and presents an excellent opportunity for renovation and investment. Located in the desirable Windmill Estate, the property requires modernisation and is ideally suited for buyers looking to enhance its appeal. It boasts both front and rear gardens, along with an outbuilding that could be revitalised for additional utility or even as a small studio space. With off-road parking available, this flat is also conveniently positioned near local schools, making it attractive for families seeking a vibrant community atmosphere. The accommodation includes a spacious living room with a large bay window providing ample natural light, two double bedrooms, and a kitchen area that allows for the installation of modern appliances. A wet room adds to the functionality of the layout, although some updates are necessary to align with contemporary standards. The property benefits from double glazing and gas central heating throughout. Outside, while the gardens require attention, they offer potential for landscaping or outdoor leisure activities. Being chain-free and vacant, this property is ready for immediate transformation and could become a charming home or investment rental in this appealing waterside locale.

Investment Analysis

(PL23 area)

Below Market Value

This property is priced -50.6% below area average per sq ft

-50.6%
Potential saving
This Property
£211/sq ft
Area Average
£428/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£334,190
10% above area average per sq ft
Potential ROI
+91.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL23)

Area prices are rising by +15.0% over the last 12 months
3 year growth: -9.0%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on PL23 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

Windmill, Fowey
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE