2-bedroom flat · PL13 2QZ
For saleReduced £5k (−2.5%) on 27 MarListed 331 days
Opportunity summary
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About
Harbourside apartment enjoying stunning views over the harbour & village. Set in an Area of Outstanding Natural Beauty & located on the Top Floor.
The Chain Free Apartment comprises; Hallway, Open Plan Living Room/Kitchen, Two Bedrooms, Shower Room & Loft. Set on the Harbourside & enjoying stunning over and the Village beyond.
Take time to enjoy the historic fishing village of Polperro. Sit back and watch the boats bob up and down and soak up the atmosphere of this picturesque harbour village.
The prime location in an Area of Outstanding Natural Beauty allows you to explore the shops, lovely restaurants, fine pubs, beach and South West Coastal path walks straight from the Harbour.
Polperro is one of the most picturesque coastal villages in Cornwall with a myriad of colour washed cottages with slate roofs intertwined around narrow streets and the harbour which still has an active fishing fleet.
The River Pol runs down through the village straddled by a variety of bridges and cottages. There are numerous small shops, pubs and restaurants and art galleries providing all year round interest.
Polperro benefits from a post office, general stores, doctors surgery, primary school and large private car park.
The nearby tourist town of Looe is close on hand for a great day out or why not explore further west into Cornwall with its many attractions and golden sand beaches.
Communal Porch Leads through to communal Hallway & owners Apartment. Hallway Stable style timber front door and stairs to first floor.
Landing Electric wall heaters, utility cupboard housing a washer dryer, further cupboard housing a fridge/freezer. Staircase to Loft.
Open Plan Living Room Double glazed timber windows to front enjoying stunning views over the Harbour & Village. Focal point fire place, beamed ceilings, timber lintel & electric wall heaters.
Kitchen area has range of base & drawer units complemented by worktops. Sink & drainer, oven, hob with hood over. Fridge & laminate flooring.
Master Bedroom (3.48m x 2.6m) Double glazed timber window, electric wall heater & beamed ceiling. Guest Bedroom (2.74m x 2.57m) Double glazed timber window & electric wall heater.
Shower Room Corner shower cubicle with electric shower. Beamed ceiling, paedestal basin & wc. Electric wall heater, tiled walls & effect flooring.
Loft Three Velux windows along with chipboard flooring. Agents Note The property is conveniently set above the Wheel House Family Restaurant, ideal for an enjoyable evenings dining experience.
The property is also grade 2 listed 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
Agent & docs
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FAQ
About 2 The Wheelhouse,, Quay Road, Looe
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