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See how verdicts work2-bedroom house · PL13 2HJ
For saleReduced £10k (−4.3%) on 20 JunListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Holiday let cottage on desirable west looe hill. Charming end of terrace cottage offered for sale chain free.
Comprising; two bedrooms, bathroom, landing, open plan living room/kitchen diner and a cobbled area to front. The seaside holiday town of Looe is located in an Area of Great Landscape Value.
The Property is situated in a conservation area on West looe Hill. 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.
Open Livig Room/Kitchen (6.76m x 3.58m) Dual aspect room with timber windows and stable door to front and door to side. Spiral stair case to first floor, radiator and parka wood flooring.
The Kitchen area has a range of base, wall and drawer units complemented by worktops. Sink and drainer with tiled splash backs. Fridge/freezer, oven, hob and an integrated dishwasher.
First Floor Landing Radiator. Bedroom One (3.48m x 3.23m) Period door to room and sash windows to front. Cupboard and radiator.
Bedroom Two 2.62m into eave x 1.78m plus door recess - Period door to room, timber window to rear. Radiator. Bathroom Period door to room. Obscure windows. Shower over bath, basin and Wc.
Towel warmer and tiled splash backs. Outside Cobbled area to front and communal side alleway to rear.
Agents Note Cottage has a flying freehold as a section of the bathroom is over the communal alleyway. Communal alleyway unregistered land.
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.
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FAQ
About Claras Cottage,, West Looe Hill, Cornwall
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