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Riviera Lane, St Mawes TR2 - Image 1
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Riviera Lane, St Mawes TR2

South West

£1,650,000
Listed on 27/07/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This Edwardian detached home presents a compelling renovation and investment opportunity in the highly desirable coastal village of St Mawes. Currently organized as two self-contained apartments, this property offers significant versatility for potential owners, whether seeking a primary residence, a secondary retreat, or an investment with a strong holiday letting history. With four bedrooms and a total of approximately 1,599 square feet of living space, the layout provides ample room for customization. Each apartment boasts generous living areas, including spacious lounges and kitchens, making them suitable for family living or vacation rentals. The existing configuration can easily be maintained, or you can explore the reinstatement of the original single-family layout that has lapsed planning permission (PA19/05998), transforming it into a grand four to five-bedroom residence with additional rooms for study or utility purposes. The property is set in an elevated position just a short walk from Tavern Beach and the picturesque St Mawes waterfront. The surrounding area is rich in amenities—restaurants, shops, and recreational opportunities are all within reach—making this location appealing for both residents and holidaymakers. The gardens add further allure to the property; to the rear is a tranquil lawn area with stunning views across Falmouth Bay, while the front features a sun terrace that provides an inviting outdoor space. Parking is another valuable feature here, with off-road spaces available—an uncommon convenience so close to the shore. The potential exists to develop a detached garage or additional storage space (subject to planning consents), enhancing both functionality and value. St Mawes itself has garnered recognition as one of Cornwall’s top seaside villages, known for its charm and natural beauty. With activities like sailing events and access to scenic coastal walks right at your doorstep, there is no shortage of enjoyment available throughout the year. Overall, this property not only allows for immediate use but also offers significant potential for renovation or reconfiguration that could maximize its appeal as a family home or investment opportunity in one of Cornwall's most cherished locations.

Investment Analysis

(TR2 area)
Area Average
£398/sq ft

Renovation Potential

Est. Renovation Cost
£165,000 - £412,500
10-25% of property value
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +11.6% over the last 12 months
3 year growth: 0.2%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on TR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Riviera Lane, St Mawes TR2
Map showing location of Riviera Lane, St Mawes TR2
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