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Off Upper Castle Road, St Mawes, Cornwall

South West

£1,000,000
Listed on 30/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2299 sqft

Description

This 4-bedroom detached chalet bungalow in a highly sought-after area of St Mawes is an intriguing project for those looking to invest in property with remarkable potential. Spanning over 2,200 sq ft, the home boasts stunning views of St Mawes Harbour and is set on a level plot of approximately 0.56 acres, offering ample outdoor space. While the property is liveable as it stands, it would greatly benefit from modernisation to fully exploit its extraordinary coastal setting and enhance its value. There is flexibility in the layout which includes two reception rooms, a kitchen with pantry, multiple bedrooms and both family and en-suite bathrooms. The first floor offers a loft room that can be transformed into additional living space, while the substantial gardens provide an ideal canvas for landscaping or further development (subject to planning permissions). Having remained within the same family for around 36 years, this residence represents a rare opportunity to either refurbish or potentially redevelop the site in a prestigious village known for its charm and accessibility to amenities. Its south-facing position ensures that any enhancements made will be particularly rewarding, making this property an appealing venture for astute buyers.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£435/sq ft
Area Average
£378/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£956,304
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by -5.8% over the last 12 months
3 year growth: -3.9%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on TR2 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

Off Upper Castle Road, St Mawes, Cornwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,568
Based on a loan of £750,000 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.

Stamp Duty Calculator

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