2-bedroom bungalow · PL13 1PE
For saleReduced £10k (−11.8%) on 10 OctListed 170 days
Opportunity summary
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About
Located on the beachside setting of millendreath holiday village. Enjoying commanding sea and valley views, set in an area of Great Landscape Value.
Sold chain free the 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.
Lounge/Kitchen/Diner (7.21m x 3.3m) Double glazed patio door stepping out to the roof terrace and window to front enjoying a stunning sea and valley view. Open plan room with an electric wall heater.
The Kitchen area benefits from a range of base, wall and drawer units complemented by worktops. Sink and drainer with tiled splash backs. Washing machine, electric oven and a two ring hob.
Bedroom One (2.74m x 2.29m) Double glazed window taking in an impressive sea and valley aspect. Bedroom Two (2.74m x 2.4m) Double glazed window.
Inner Hall Storage cupboard and an electric wall heater. Shower Room Obscure double glazed window. Shower cubicle with an electric shower, basin unit, wc and tiled walls.
Outside Roof terrace making an ideal setting for alfresco dining and to sit back and soak up the amazing sea vista and rural setting.
Agents Note The roof terrace is the responsibility of the lower chalet to maintain and vice versa with chalet above. Holiday Letting allowed between March to October.
Lease 99 years from new with ground rent of £1025.20, service charge around £500 plus buildings insurance. 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. Planning application in for further development of opposite side of valley.
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 72 Hillside Villas,, Millendreath Holiday Village, Looe
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