We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PL13 1BZ
Listing removedReduced £28k (−11.3%) on 7 JulListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Just one row back from seafront only meters from the beach. An ideal second home or holiday rental as currently let via Cornish Collections.
Property comprises; entrance porch, two double bedrooms, open plan kitchen/diner/lounge, shower room plus a downstairs wc. Double glazed and sold chain free.
The seaside holiday town of Looe is located in an Area of Great Landscape Value & is set on the Banks of Looe River & surrounding Valley.
The Cottage is located only one row behind Looe seafront only meters from the beach. Looe keeps visitors entertained all year round whilst still retaining a working fishing port.
Stand on the quayside in the evening and watch the boats return before dining on fresh fish in a local restaurant.
The town prides itself on its fresh fish, and be it award winning fish and chips near the river or gourmet menus in smart restaurants overlooking the harbour, you know you won't be disappointed.
To work off a fine meal, Looe is a great place for walking as the South West Coast Path passes through the town, plus there are countless walks through the town to explore the historic narrow streets or along the two rivers into the surrounding beautiful countryside.
For children, a safe sandy beach with rock pools offers hours of free fun, and should you wish why not try a fishing trip or there's always crabbing from the quayside.
Looe straddles both sides of Looe River with its historic bridge & stone harbour side, with a thriving tourist industry, popular with boating & sea fishing enthusiasts.
There are a wide range of shopping, Tourist attractions & community facilities.
On the edge of the town just a short stroll is Looe station which links with the main line at Liskeard station with onward services to London. Entrance Porch Double glazed window & tiled flooring.
Downstairs wc Obscure double glazed window. Wc, basin with tiled splash backs, radiator & flooring. Kitchen/Diner/Lounge (5.49m x 3.7m) Open plan dual aspect room with double glazed windows.
Focal point electric effect wood burner inset to chimney breast. Laminate flooring throughout. The Kitchen area has a range of base wall & drawer unites complemented by work tops.
Wall mounted boiler & integrated washer/dryer & fridge. Oven with a gas hob with hood over. Sink & drainer with tiled splash backs. Under stairs cupboard housing a small freezer.
Radiators and stairs to first floor. Landing Loft access & laminate flooring. Bedroom One 2.97m max x 2.18m plus alcove - Double glazed window to the front. Radiator & laminate flooring.
Bedroom Two (2.5m x 2.5m) Double glazed window to the side. Radiator & laminated flooring. Shower Room Obscure double glazed window. Shower cubicle, pedestal basin & Wc.
Radiator, tiled splash backs & flooring.
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 Sandbanks,, Bay Street, Cornwall
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