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Lankelly Lane, Fowey, PL23 - Image 1
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Lankelly Lane, Fowey, PL23

South West

£550,000
Listed on 23/02/2026

Property Details

Bedrooms
5
Type
Detached

Description

This property presents a notable opportunity for those interested in modernising a spacious family home in Fowey, an area known for its picturesque harbour and vibrant local culture. The dwelling is set within approximately 0.14 acres of grounds, allowing for extensive landscaping and the possibility of extensions (subject to planning permissions). Inside, the layout offers flexibility with generous room sizes and large windows that promise abundant natural light while also providing views over the surrounding garden space. Each of the five bedrooms features unique characteristics that can be tailored to suit various preferences. The existing living areas including a dual-aspect living room and separate dining room are equipped with traditional parquet flooring, which could be restored or enhanced as part of the renovation process. The kitchen remains functional but would benefit from contemporary upgrades to meet modern standards. Notably, the property comes with additional storage and utility space that could be transformed into usable living areas if desired. With no onward chain, this residence represents an exceptional canvas for buyers looking to invest in their dream home within a tranquil yet accessible setting.

Investment Analysis

(PL23 area)
Area Average
£434/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
5
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL23)

Area prices are rising by +10.2% over the last 12 months
3 year growth: -7.7%
5 year growth: +8.3%
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

Lankelly Lane, Fowey, PL23
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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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