2-bedroom bungalow · PL13 1PF
Sold STCListed 261 days
Opportunity summary
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About
LOCATED ON THE BEACHSIDE SETTING OF MILLENDREATH HOLIDAY VILLAGE. Top tier position enjoying commanding sea and valley views, set in an area of Great Landscape Value.
Sold chain free and furnished ready to go as currently used as a holiday let. Well presented Chalet comprises of an open plan living room/kitchen, two double bedrooms, and shower room.
Benefitting from a roof terrace & parking. Millendreath Holiday Park is nestled in a 90 acre Cornish Valley setting with access to a private beach.
There is over 65 acres of woodland to the North to be discovered and a breath taking privately owned south facing beach.
Millendreath lies at the foot of a wooded valley in a sheltered cove that during low tide has pleasant soft sands and numerous rock pools to explore.
Millendreath is the perfect base for anyone wanting to explore Cornwall.
Situated on the water’s edge of Millendreath’s very own beach is a Café and Bar, the perfect place to sit back and relax, whilst enjoying the views from the decking across the bay.
This enviable location offers the best of both Worlds with access to a beautiful part of the Southwest Coastal Path and the development is near to the popular Coastal town of Looe & Village of Polperro.
Open Plan Living Room/Kitchen 7.06m x 3.33m Dual aspect room enjoying a partial sea view. Double glazed uPVC windows and patio door. Electric wall heater and tiled flooring.
The kitchen area boasts a range of base, wall and drawer units complemented by worktops. Sink and drainer with tiled splash backs. Electric oven and hob with hood over.
Integrated washer/dryer and fridge/freezer. Bedroom One 2.74m x 2.4m Double glazed uPVC patio door and window enjoying a sea view. Electric wall heater and tiled flooring.
Bedroom Two 2.72m x 2.41m Double glazed uPVC window enjoying a partial valley view. Electric wall heater and tiled flooring.
Shower Room Walk in shower cubicle with an electric shower, basin unit and Wc. Towel warmer, tiled splash backs/flooring, shelving and a water heater cupboard.
Terrace Enjoying a stunning sea vista and an ideal setting for alfresco dining.
Agents Note Chalet sold furnished minus owners personal effects and buyers are advised to refer to the fixtures and fittings list prior to any exchange of contracts.
The roof terrace is the responsibility of the lower chalet to maintain. Holiday Letting allowed between March to October.
Lease 99 years from 29/09/1968 with ground rent of £1025.20, service charge around £500 plus buildings insurance, owners pays £300, all per annum and subject to increase.
Private water supply and drainage charged for by the Park. The Lease states chalet cannot be used during the months of November, December, January and February.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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Area
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FAQ
About Millendreath Holiday Village, Millendreath, Looe, Cornwall, PL13
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