2-bedroom bungalow · PL13 1EL
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Two-Bedroom Bungalow with Garage & Large Loft – Pendennis Road, East Looe A spacious detached bungalow situated in the popular Pendennis Road area of East Looe, offering well-proportioned two-bedroom accommodation together with a particularly impressive loft space, detached garage and attractive potential for further improvement.
The property provides approximately 1,149 sq ft of accommodation on the ground floor, with a further 731 sq ft loft, giving an overall floor area of around 1,880 sq ft.
The loft is accessed via a staircase and provides a substantial additional space, offering excellent storage and potential for a variety of uses, subject to any necessary permissions.
The ground floor - sitting room, separate dining room, kitchen, conservatory, two bedrooms and bathroom along with a central hallway providing access throughout.
The conservatory and dining room provide useful additional reception space, while the two bedrooms are both well proportioned.
Outside, the property benefits from an attached garage, adding valuable storage or workshop space, along with a rear enclosed garden.
The front of the property has generous off road parking for numerous vehicles.
Location Pendennis Road is a popular residential location along the Barbican in East Looe, ideally positioned for access to the town and its wide range of everyday amenities, along with local convenience stores a 5 minute walk.
The property is particularly well placed for families, with Looe Primary Academy and Looe Community Academy close by.
PROPERTY INFORMATION Tenure: Freehold / Council Tax Band: C Services: Mains water, gas, drainage, electricity Heating: Combination boiler to a system of radiators Windows: Upvc double glazed Flood Risk:/Surface Water -Very Low (Gov.uk Flood Mapping) Construction: Block and cavity Parking: Off road parking for three/four vehicles and separate garage.
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 Pendennis Road, Looe, Cornwall
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