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Demelza, Lankelly Lane, Fowey, Cornwall - Image 1
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Demelza, Lankelly Lane, Fowey, Cornwall

South West

£370,000

Listed on 07/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow
Area
1819 sqft

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.

72out of 100
Grade BGood opportunity

Confidence: MEDIUM

This charming three-bedroom bungalow offers a fantastic opportunity to acquire a spacious property at a remarkably low price compared to local averages. At just £203 per square foot, the asking price of £370,000 is significantly below the local average of £434 per square foot, making this an attractive proposition for buyers looking to invest in this desirable area of Fowey.

The bungalow boasts flexible accommodation, with the potential for three double bedrooms and generous living spaces, making it ideal for a variety of needs. The expansive outdoor space enhances the appeal, providing a serene environment to enjoy the outdoors. While some areas may require modernisation, this presents a canvas for new owners to personalize the home to their liking. Overall, this property stands out as a good opportunity for those looking to create value through renovation in a sought-after location.

Key opportunities

  • Spacious living areas with potential for flexible accommodation, including a substantial attic room.
  • Generous enclosed gardens offering privacy and outdoor enjoyment.
  • Opportunity to modernize and add value through renovations.

Key risks

None recorded.

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Map

Location

Demelza, Lankelly Lane, Fowey, Cornwall
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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

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

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