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Newtown, Fowey

South West

£330,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
452 sqft

Description

Presenting a two-bedroom end-terrace cottage with notable renovation potential, this property is an ideal opportunity for first-time buyers or investors seeking to enter the holiday rental market. Currently functioning successfully as a holiday let, it offers vacant possession and no onward chain, enhancing its appeal. The accommodation features a welcoming lounge, contemporary kitchen, utility room, and two generously sized bedrooms alongside a modern shower room. High-quality finishes such as oak flooring and solid wood surfaces contribute to its charm. One of the standout features of this property is its existing planning permission to convert and extend the garage into a self-contained annexe, which could provide valuable additional accommodation or enhance rental income (Planning Application No. PA23/08768). The outdoor space includes a private courtyard and a mature garden bordered by established trees, providing scope for further landscaping to create an inviting retreat. With off-road parking available, this cottage not only boasts character but also significant potential for growth in value through renovations and expansions. Located just over a mile from Fowey Harbour in an Area of Outstanding Natural Beauty, it combines tranquil living with easy access to local amenities and scenic coastal attractions.

Investment Analysis

(PL23 area)

Above Market Value

This property is priced +66.5% above area average per sq ft

+66.5%
This Property
£730/sq ft
Area Average
£439/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£218,022
10% above area average per sq ft
Potential ROI
-42.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (PL23)

Area prices are rising by +12.7% over the last 12 months
3 year growth: -10.9%
5 year growth: +10.6%
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

Newtown, Fowey
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,247
Based on a loan of £247,500 over 30 years at 4.45% 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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