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Valley Road, Mevagissey, Cornwall, PL26

South West

£275,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

This 3-bedroom semi-detached house is situated in the idyllic village of Mevagissey, presenting an excellent opportunity for renovation and investment. With no onward chain, this character property offers ample space and potential for modernisation to meet contemporary living standards. The welcoming entrance hallway leads to a spacious living/dining room featuring charming fireplaces and access to a private rear courtyard. The ground floor also includes a functional kitchen with fitted units and essential appliances, while the first floor accommodates well-sized bedrooms and a family bathroom. Outside, the front garden provides a generous area for outdoor leisure, complemented by off-street parking for two to three vehicles. This property is ideally positioned in a tranquil setting, yet remains conveniently close to local amenities, transport links, and the beautiful features of Mevagissey. Given its location and need for updates, this home holds significant potential for those looking to invest in a renovation project.

Investment Analysis

(PL26 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£284/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£306,286
10% above area average per sq ft
Potential ROI
-1.2%
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

Valley Road, Mevagissey, Cornwall, PL26
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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
£1,007
Based on a loan of £206,250 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

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