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Carrick Way, St Mawes

South West

£1,000,000
Listed on 12/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
1477 sqft

Description

Nestled along a tranquil private road in St Mawes, this distinguished detached dormer bungalow stands out with its breathtaking panoramic views of the harbour and coastal landscape. The property is currently configured as two self-contained flats, presenting an ideal opportunity for multi-generational living or as a source of rental income. With the potential to transform it into a generous four or five-bedroom family residence, this well-maintained home invites prospective buyers to reimagine its interiors and add considerable value through modernisation. Spanning an internal area of 1477 sq. ft. (137 sq. m.), the ground floor features a spacious living room that opens onto a garden terrace, along with a kitchen/dining room perfect for gatherings, two double bedrooms, a single bedroom, and a modern shower room. The first floor hosts a kitchenette, cozy living room, two single bedrooms, and a bathroom – an arrangement that lends itself beautifully to guest accommodation or additional living space. Outside, the property boasts ample driveway parking, a detached garage with power, and charming wrap-around gardens shaded by mature landscaping that offers privacy and tranquility. A summer house provides extra utility—ideal for hobbies or potential home office conversion. Overall, this characterful bungalow in an exclusive Cornish village represents an exceptional chance for those looking to invest in a flexible property with outstanding views and various options for enhancement.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +79.0% above area average per sq ft

+79.0%
This Property
£677/sq ft
Area Average
£378/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£614,380
10% above area average per sq ft
Potential ROI
-43.6%
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

Carrick Way, St Mawes
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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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