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Fore Street, Polruan PL23

South West

£500,000
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1388 sqft

Description

This period cottage offers a compelling renovation opportunity in the heart of Polruan, presenting a blank canvas for those looking to create their ideal home. Currently configured with three spacious bedrooms and two bathrooms, the layout includes additional rooms that hold potential for further bedrooms, office spaces, or studios. The property features both front and rear gardens, along with off-street parking for two vehicles and a garage, making it a rare find in this village. Nestled on the east bank of the River Fowey, Beech Cottage showcases traditional stone construction dating back to approximately 1700. While it exudes historical charm and character, it is positioned for modernization; prospective buyers will appreciate the chance to upgrade the interiors to contemporary standards. On the ground floor, a welcoming hallway leads into a living room complete with a stone fireplace. The dining room boasts an original flagstone floor and wood burner, conveying warmth and historic appeal. The kitchen connects seamlessly to the utility area and back garden, where further enhancements can be made. Upstairs houses three generous bedrooms—including one with delightful water views—and a functional bathroom arrangement that could greatly benefit from reconfiguration. The expansive Garden Room presents immense potential for development but currently requires access through the rear garden while its layout invites creative rethinking. Outside, elevated garden space includes a greenhouse and oil storage area, complemented by ample parking—a significant asset in this desirable locale. Given its chain-free status and prime location within reach of local shops and beautiful countryside walks protected by the National Trust, this cottage represents not just an investment in property but an opportunity to craft a truly personal living space.

Investment Analysis

(PL23 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£360/sq ft
Area Average
£428/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£653,318
10% above area average per sq ft
Potential ROI
+21.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL23)

Area prices are rising by +15.0% over the last 12 months
3 year growth: -9.0%
5 year growth: 13.6%
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

Fore Street, Polruan PL23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE