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22 Middle Street PL293Rh PL29

South West

£1,050,000

Listed on 11/06/2026

Property details

Bedrooms
3
Type
Detached
Area
2122 sqft

Description

This charming double-fronted property, a remnant of the mid-1800s, presents an intriguing opportunity for those looking to invest in a historic coastal home. Nestled in a serene setting just minutes from the harbour, this three-bedroom residence combines heritage with potential, making it an appealing prospect in one of Cornwall's sought-after villages. The property holds a section of an original Methodist Chapel dating back to 1839, now offering a unique garage/workshop space that retains several period features. The expansive 0.4-acre plot features terraced gardens and stunning views across Port Isaac, while the enchanting walled garden provides further scope for landscaping or outdoor living enhancements. The accommodation is traditional yet ripe for modernization, with a layout comprising a spacious sitting room with log burner and bay window, separate dining area, and galley kitchen leading to the rear garden. Upstairs are three generous bedrooms and a family bathroom. This property's history and architecture afford potential buyers the chance to create an extraordinary coastal retreat through thoughtful refurbishment. With planning permission potentially available for further development of the chapel section and surrounding grounds, Roseleat stands out as an exceptional renovation opportunity waiting for the right vision.

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Investment analysis

(PL29 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£495/sq ft
Area Average
£523/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,220,903
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (PL29)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on PL29 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

22 Middle Street PL293Rh PL29
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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
£3,967
Based on a loan of £787,500 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.

Stamp duty calculator

Price History

-19.2% since listed
£1,050,000£150,000(-12.5%)
24/06/2026
Current price
£1,200,000£100,000(-7.7%)
18/03/2026
£1,300,000Initial listing
13/10/2025

Next Steps

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