2-bedroom bungalow · PL13 1JU
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-positioned two-bedroom semi-detached bungalow, enjoying a sought-after residential setting in East Looe, with distant sea views, an enclosed rear garden, garage and the considerable advantage of no onward chain.
Situated in the popular Cleveland Avenue area, Homelea offers well-proportioned accommodation all on one level, making it an appealing choice for those seeking a comfortable permanent home, a retirement property or a coastal retreat.
The accommodation comprises an entrance hallway, a spacious living room, kitchen/breakfast room, along with two double bedrooms and a shower room.
The living room provides a welcoming space in which to relax, while the kitchen/breakfast room offers a practical area for everyday living.
The property further benefits from gas central heating and UPVC double glazing.
A particularly attractive feature is the sunroom, providing additional living space and leads out to the rear enclosed garden with various patio areas surrounded by mature shrubs and bushes.
In addition there is a generous front terrace providing further scope, with distant sea views adding to the property's coastal appeal.
A garage provides useful storage and parking, along with a driveway.
The location is particularly convenient, with a local Spar shop and a range of other amenities along The Barbican close at hand, together with a local bus route.
Looe town centre is also within a short walk, where you can enjoy the bustling harbour, sandy beaches, independent shops, cafés and restaurants, making this an excellent base from which to enjoy the best of coastal living.
Offered to the market with no onward chain, Homelea represents an excellent opportunity to secure a bungalow in a desirable East Looe location, combining practical accommodation, useful outdoor space and convenient access to local amenities and the coast.
Property Information Tenure: Freehold Council Tax: Band A. Services: Mains gas, electricity, water and drainage.
Heating: Gas combi boiler to a system of radiators Conservation Area: No EPC Rating: C Flood Risk: Very Low (Gov.uk Flood Mapping) Construction: Standard construction, block and cavity.
A clear (A1) mundic test has been completed. A separate electricity substation is located to the rear of the property, with its own independent access from the side.
Access to the substation does not require entry onto the property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Cleveland Avenue, East Looe, Cornwall
Explore nearby