2-bedroom flat · PL13 1AL
For saleReduced £5k (−2.5%) on 17 SepListed 453 days
Opportunity summary
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About
Enjoying A partial view over looe river. Second floor apartment benefitting from being sold chain free and quayside location.
Accommodation comprises; two double bedrooms, lounge/diner, kitchen, bathroom, Wc, hallway and two balconies. The seaside holiday town of Looe is located in an Area of Great Landscape Value.
The Property is situated in a prime setting next to Looe Quay enjoying a partial river view. Looe keeps visitors entertained all year round whilst still retaining a working fishing port.
Stand on the quayside in the evening and watch the boats return before dining on fresh fish in a local restaurant.
The town prides itself on its fresh fish, and be it award winning fish and chips near the river or gourmet menus in smart restaurants overlooking the harbour, you know you won't be disappointed.
To work off a fine meal, Looe is a great place for walking as the South West Coast Path passes through the town, plus there are countless walks through the town to explore the historic narrow streets or along the two rivers into the surrounding beautiful countryside.
For children, a safe sandy beach with rock pools offers hours of free fun, and should you wish why not try a fishing trip or there's always crabbing from the quayside.
Looe straddles both sides of Looe River with its historic bridge & stone harbour side, with a thriving tourist industry, popular with boating & sea fishing enthusiasts.
There are a wide range of shopping, Tourist attractions & community facilities.
On the edge of the town just a short stroll is Looe station which links with the main line at Liskeard station with onward services to London.
Communal Entrance Leading to communal stairs and landing to apartment. Hallway Storage and boiler cupboards plus a utility cupboard housing space for a washer/dryer. Radiator and vinyl flooring.
Loung/Diner (4.55m x 4.14m) Dual aspect room enjoying views over East Looe. Double glazed uPVC window, picture window and balcony door. Radiator and laminate flooring.
Lounge Balcony Views over East Looe. Kitchen (3.6m x 1.75m) Double glazed uPVC window and balcony door.
Range of base, wall and drawer units complemented by work tops, breakfast bar and matching splash backs. Sink and drainer, oven, electric hob with hood over. Integrated, fridge/freezer and dishwasher.
Laminate flooring. Kitchen Balcony Enjoys a partial river view. Bedroom One (3.5m x 3.18m) Dual aspect room with uPVC double glazing. Radiator.
Bedroom Two (3.28m x 2.7m) Double glazed uPVC window to balcony. Radiator and built in wardrobe. Bathroom Obscure uPVC double glazed window. Electric shower over bath, basin and towel warmer.
Tiled splash backs and vinyl flooring. Wc Obscure uPVC double glazed window. Radiator and vinyl flooring.
Agents Note The Vendor informs they have a share of the freehold and the lease prohibits holiday letting.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 6 East Quay House,, The Quay, Cornwall
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