1-bedroom flat · PL13 2BU
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance Access from Quay Road, West Looe into the communal entrance with electric intercom system to each apartment.
Door through to the hallway and stairs leading up to the first floor and second floor. Apartment 3 is located on the first floor.
Feature Wooden door leads through to the spacious hallway with ample storage and lead directly through to the Living Room.
Living Room A modern and contemporary space with many original features including high ceilings, sash windows fitted with made to measure shutters and a feature Victorian fireplace.
Large floor to ceiling cupboard to the chimney recess and shelving to the other recess. Stunning, uninterrupted harbour views. Feature wood panelling to the front aspect wall.
Kitchen Recently updated with a full range of high and low level units, fitted single electric oven with fitted ceramic hob, space for washer/drier, dishwasher and upright fridge freezer.
Tiled splashbacks and feature wood panelling to the front aspect walls. Inner hallway. Doors off to the bedroom and bathroom. Fitted storage cupboard.
Bedroom A generous double bedroom with window to the side aspect and fitted shelving under. Storage cupboard above the door and a feature stained-glass window.
Bathroom A modern space, white suite comprising of a bath with mains shower over and glass screen. Vanity basin and toilet. Tiled splashbacks and flooring.
Lowered ceiling with feature spotlighting and extractor. Airing cupboard with shelving and housing Vaillant Gas Combination Boiler.
Communal Garden Accessed from the second floor via the rear glazed door. The rear elevated garden has a lawned and decked area overlooking the harbour and enjoyed by all apartment owners.
Property Information: Tenure - Leasehold with an equal share of the Freehold. Lease information - Lease length is 999 years from 08/2026. One dog is permitted.
Under the terms of the lease the property cannot be used as a Holiday Let. Maintenance/Insurance: £500 per year, plus £20 per month into a contingency fund.
Services: Mains Gas, Electric, water and drainage. Heating: Vaillant Gas Combination Boiler (fitted 2017) to a system of radiators. Windows: Wooden windows fitted with shutters and blinds.
Council Tax Band - A.
Value & comps
No previous sales on record.
Returns
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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 Flat 3, Portbigham, The Quay, West Looe, Looe, Cornwall
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