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See how verdicts work2-bedroom flat · PL13 1HE
For saleListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly desirable Barbican area of East Looe, this purpose-built two-bedroom ground-floor apartment offers spacious accommodation with convenient access to local shops, amenities and the town centre.
The apartment is approached via a communal entrance door, which opens into a shared hallway with a few steps leading down to the private entrance of the property.
Upon entering, the generously sized hallway provides access to all principal rooms and benefits from a telephone entry system and a useful large storage cupboard.
The accommodation comprises two bedrooms, a shower room, a spacious lounge/diner and a fitted kitchen. Both bedrooms are positioned to the front of the property, each featuring a double-glazed window.
The main bedroom offers comfortable proportions, while the second bedroom provides a versatile additional space, ideal for guests, a home office or further bedroom accommodation.
The spacious lounge/diner is a particular feature of the apartment, enjoying pleasant views across the communal gardens towards West Looe and the surrounding countryside.
Patio doors open directly onto the gardens, allowing natural light to flood the room and providing convenient access to the outdoor space.
The fitted kitchen comprises a range of wall and base units with contrasting worktops and tiled splashbacks. There is space for a washing machine, upright fridge freezer and cooker.
A wall-mounted boiler provides central heating and hot water, while a uPVC double-glazed window overlooks the communal gardens.
The shower room is fitted with a white suite comprising a large walk-in shower, vanity sink unit and low-level WC, together with an extractor fan.
Outside, the apartment benefits from well-maintained communal gardens surrounding the property, along with a separate bin store area.
An allocated parking space is situated just a few yards from the communal entrance, with additional visitor parking also available.
The apartment is a blank canvas, providing the new owner with an excellent opportunity to personalise the property to their own tastes and requirements. PROPERTY INFORMATION Tenure - Leasehold.
120 years from 08/1988. 83 Years Remaining Service Charge: £1225 pa. Council Tax Band A. Services: Mains water, drainage, electricity and gas.
Windows: Upvc double glazed Heating: Gas fired boiler to a system of radiators.
EPC Rating: C Flood Risk: Surface Water - Low / Rivers & Sea - Very Low (Gov.uk) Construction: Standard Construction-Brick
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs

FAQ
About St. Martins Close, East Looe, Cornwall
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