Central two-bed duplex above commercial unit — ideal for an investor with listed-building experience..
Freehold duplex apartment above generous commercial space
This duplex cottage in the heart of Mevagissey combines a compact two-double-bedroom apartment with generous commercial space at ground level — a clear opportunity for an investor seeking central, mixed-use income in a popular harbour town. The flat is deceptively spacious inside, arranged over two floors with a large kitchen-diner, living room, and storage cupboards. Two dormer double bedrooms sit on the upper level.
Stand-out advantages include a freehold title, true central location just yards from shops, pubs and the harbour, and excellent mobile signal with average broadband. The commercial unit below provides flexibility: keep it as retail/office space, let separately, or convert subject to consents. The vendor is prepared to sell the home furnished and has offered an unusual purchase incentive — up to 50% interest-free private finance over ten years for a buyer acquiring the whole property.
There are important constraints to weigh. The building is Grade II listed, which will restrict alterations and may complicate change of use or refurbishment. The property sits in a high flood-risk area, which affects insurance and resilience planning. The apartment is small overall (about 371 sq ft) and on a modest plot, and the local area is classified as deprived with ageing neighbourhood demographics — factors that influence tenant profiles and long-term demand.
For the right buyer — especially an investor prepared to manage listed-building requirements and flood mitigation — this is a rare central Mevagissey holding with immediate rental and commercial potential. Buyers should obtain specialist advice on listing consents, flood insurance costs, and any works needed to bring the property to their intended standard.
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