Worst House on the Street Logo
Demelza, Lankelly Lane, Fowey, Cornwall - Image 1
Demelza, Lankelly Lane, Fowey, Cornwall - Image 2
Demelza, Lankelly Lane, Fowey, Cornwall - Image 3

Demelza, Lankelly Lane, Fowey, Cornwall

South West

£370,000

Listed on 08/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow
Area
1819 sqft

Features

  • Garage
  • Garden
  • Parking

Description

This spacious three-bedroom bungalow offers a unique opportunity for versatile living in a peaceful residential area of Fowey. Currently arranged with two double bedrooms on the ground floor, the property features three reception areas and a substantial attic room with its own shower room, providing flexibility for various uses. One of the reception rooms could easily serve as a third bedroom, subject to necessary consents. The property is set within generous enclosed gardens that wrap around the front, side, and rear, offering privacy and several sunny spots for outdoor enjoyment. The well-maintained garden includes mature hedging, established planting, and a paved patio area ideal for relaxation or entertaining. Additionally, there is a single garage and parking accessible via a private driveway. Internally, the bungalow boasts a welcoming hallway leading to bright living spaces, including a sitting room with views over the garden and an open fireplace. The kitchen, part of an extension, is equipped with wall and base units and offers direct access to the garden. The family bathroom is well-appointed, and the attic room provides extra space that can be adapted to suit your needs. Located in the desirable town of Fowey, known for its stunning coastal scenery and vibrant community, this property is perfect for those seeking a tranquil lifestyle while remaining close to local amenities and attractions. Offered freehold with no onward chain, it presents an attractive opportunity for a permanent residence, holiday home, or investment.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

78out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £370,000, this spacious Fowey bungalow is offered at about £203 per sq ft, well below the local average of £434 per sq ft — a strong entry point for a buyer looking to add value. The clean, usable living spaces and bedrooms give the project a solid base, while the dated but apparently functional kitchen and bathrooms leave scope for a light cosmetic refresh. The enclosed garden, patio, garage and parking add to the appeal; clearing and tidying the established garden would help make more of its outdoor space.

Three reception areas, flexible attic accommodation with a shower room, and the option to adapt a reception room to a third ground-floor bedroom (subject to requirements and any necessary consents) give the layout useful versatility. The garage interior also needs decluttering and attention to visible staining. Overall, this is a good opportunity to acquire a generous property at a notably low local price per square foot and improve it without an indicated heavy refurbishment.

Key opportunities

  • Acquire at about £203 per sq ft, substantially below the local average of £434 per sq ft.
  • Refresh the older kitchen and bathroom finishes while retaining their apparently functional layouts.
  • Clear and maintain the established enclosed garden, and make use of the flexible reception and attic accommodation.

Key risks

None recorded.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Demelza, Lankelly Lane, Fowey, Cornwall
Loading map...

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,398
Based on a loan of £277,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates