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See how verdicts work2-bedroom house · PL13 1PF
For saleListed 1079 days
Opportunity summary
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About
Located on the beachside setting of millendreath holiday village. First tier position enjoying distant sea views and 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 a shower room.
Benefitting from outside space & 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 breathtaking 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 waters 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.
Just before the road down into Millendreath there is a great fish & chip shop ‘the ‘Coddy Shack’ along with the Little Barn Restaurant.
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 (6.99m x 3.33m) Double glazed uPVC window and patio door enjoying a distant sea view. Focal point wall mounted electric fire, radiator and vinyl flooring.
The kitchen area has a range of base, wall and drawer units complemented by work tops. Breakfast bar, sink and drainer with tiled splash backs. Electric oven and hob with hood over.
Master Bedroom (2.8m x 2.36m) Double glazed uPVC patio door enjoying a distant sea view. Electric radiator and vinyl flooring. Guest Bedroom (2.8m x 2.41m) Double glazed uPVC window to the side.
Electric radiator and vinyl flooring. Shower Room Double glazed uPVC obscure window. Contemporary suite with walking shower cubicle and an electric shower. Basin unit and wc.
Towel warmer, tiled walls and vinyl flooring. Hot water tank cupboard. Outside Communal steps lead up to Chalets with this one benefitting form the first tier.
Owners lawn which is ideal for alfresco dining as enjoys distant sea views. Communal grounds and car parking.
Agents Note Chalet sold furnished minus owners personal effects plus the sofas and fridge/freezer. The terrace above your chalet is your roof and therefore your responsibility to maintain.
Holiday Letting allowed between March to October.
Lease 99 years from 1968 with ground rent of £1025.20, service charge around £400 plus buildings insurance, owners pays £360, 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
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 118 Hillside Villas,, Millendreath Holiday Village, Looe
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