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Polkirt Hill, Mevagissey

South West

£250,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1539 sqft

Description

This Grade II Listed detached four-bedroom cottage presents a unique opportunity for modernisation or potential redevelopment, subject to relevant consents. Boasting picturesque harbour views, the property includes a garage and offers off-street parking, with a private garden that enhances its charm. The layout features two ground-floor reception areas alongside a kitchen/breakfast room, complemented by multiple bedrooms and bathrooms on the first floor. Nestled in an elevated position, the property provides easy access to the amenities of Mevagissey while ensuring privacy. Given its Grade II listing, any renovations will need to be approached thoughtfully to preserve its character while enhancing functionality.

Investment Analysis

(PL26 area)

Below Market Value

This property is priced -44.5% below area average per sq ft

-44.5%
Potential saving
This Property
£162/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£495,850
10% above area average per sq ft
Potential ROI
+50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +0.4%
5 year growth: +20.5%
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
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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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