2-bedroom house · PL13 2BQ
For saleListed 257 days
Opportunity summary
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About
Harbour 100 yards, Beach and Town 0.5 mile, Plymouth 20 miles & Fowey 10 Miles. Talisman Cottage is a charming 2 bedroom terraced cottage situated on Chapel Ground, just off West Looe Hill, West Looe.
The area boasts charming properties from the early 1800’s. The historic “Jolly Sailor Inn” dating back to 1516 stands at the bottom of the hill, ranking amongst England's oldest pubs.
Within 100 yards, the harbour and amenities wait, offering easy access to Looe's shops via a convenient foot ferry.
The position of the property is such that there is no vehicular access and therefore it can only be accessed on foot.
Ascending steps up to the top where Talisman Cottage is on your left and taking in full advantage of those stunning southerly harbour and coastal views.
This well presented two bedroomed terraced cottage, situated over three floors with the majority of the rooms offering stunning views of the town, harbour and coastline beyond.
Features include UPVC double glazing, gas central heating, two reception rooms, kitchen and spacious bathroom.
On entering the property you are presented with a light and airy Sitting Room leading through to the spacious Dining Room with stairs leading up to the first floor.
The Kitchen is situated at the rear of the property and provides ample storage and working surfaces on three sides and has a skylight and internal window back through to the dining room.
There is a side courtesy door leading out to the neighbours courtyard providing a right of way. The first floor has a double bedroom to the front aspect with superb harbour and coastline views.
There is a spacious family bathroom to the rear aspect comprising of a white P- shaped bath with glass shower screen and shower over, pedestal wash hand basin and low level WC.
An airy cupboard housing the gas combination boiler for domestic hot water and heating.
A further flight of steps lead up to the second floor and through to the second bedroom which is divided into two rooms and has outstanding views over the harbour and coastline.
Property Information Services: Mains water, drainage, gas & electricity. Windows: Upvc double glazed windows and doors.
Heating: Gas Central Heating Tenure - Freehold Council Tax Band - B EPC Rating - D Directions - Postcode PL13 2BQ.
Local Information Looe is a commercial fishing port with trawlers and fishing boats landing fresh fish daily.
A fascinating harbour, with a bridge connecting East with West Looe, attracting many visiting pleasure boats and yachts, offering visiting berth facilities, along with permanent moorings.
There are two main beaches, Hannafore on West Looe for rock pooling and crabbing, and on East Looe for the main sandy beach with kayaking and paddleboard hire.
Both have local cafes close by for refreshments.
The town on East Looe has an abundance of individual shops, restaurants, bars and cafes, along with convenience stores, doctor’s surgery, chemists and hairdressers.
The quieter West Looe side has great local pubs and restaurants, two local grocers in West Looe Square, and links to the South West Coastal Path to Talland Bay and Polperro.
At Hannafore are the tennis courts and local bowling club. Looe Sailing Club with dinghy sailing and The Looe Gig Club for rowing are on East Looe.
Looe Golf Club with the course designed by all time great Harry Vardon, is located at Bindown only 3 miles from Looe.
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.
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About Talisman Cottage, 10 Chapel Ground, West Looe, Cornwall
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