2-bedroom flat · PL13 1DT
Sold STCListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming apartment is located on Fore Street, right in the heart of East Looe, with its vibrant mix of shops, cafés, and the picturesque harbour just moments away.
Accessed via a wooden glass-paned front door, a staircase rises to the third floor where the private entrance to the apartment can be found. Stepping inside, the hallway provides access to all rooms.
The bathroom is smartly finished, fully tiled, and fitted with a modern walk-in shower, low-level WC, and wash basin.
The kitchen/diner is a bright and airy space, complete with a practical combination of upper and lower storage, along with a dedicated cooking area featuring an electric oven and extractor fan.
The lounge is another light-filled room, finished with carpeted flooring and a welcoming atmosphere.
Both principal bedrooms are also carpeted and enjoy large front-facing windows, allowing plenty of natural light to flood the spaces.
This cosy apartment is perfectly positioned to enjoy all that Looe has to offer, this apartment would make an ideal coastal retreat, lock-up-and-leave holiday home, or low-maintenance permanent residence.
PROPERTY INFORMATION Services: Mains water, drainage & electricity Windows: UPVC windows. Heating: Electric panel heaters throughout Council Tax Band— B Tenure - Leasehold 224 years from 1978.
Please note: Under the terms of the lease, this property cannot be used as a commercial holiday let. There is no allocated parking.
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
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FAQ
About Barracuda Flats, Fore Street, East Looe, Looe, Cornwall
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