2-bedroom flat · PL13 1NT
For saleReduced £10k (−7.1%) on 20 JunListed 280 days
Opportunity summary
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About
Ground floor apartment for over 55's. Offered for sale chain free with the benefits of an onsite manger, communal facilities, residents parking and gardens.
The accommodation comprises; entrance hallway, lounge/diner, kitchen, hallway, shower room and two double bedrooms. For peace of mind emergency pull cords are fitted to the main rooms.
The seaside holiday town of Looe is located in an Area of Great Landscape Value. The Property forms part of a converted Farm and is situated on the outskirts of the Town.
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. Porch Double glazed uPVC window and vinyl flooring.
Lounge/Diner (4.67m x 3.45m) Double glazed uPVC window to front. Night storage heater and focal point electric fire with surround. Kitchen (3.56m x 1.83m) Double glazed uPVC window to the front.
Range of base, wall and drawer units complemented by worktops. Sink and drainer with tiled splash backs. Washing machine, oven and hob. Space for a fridge/freezer.
Hall Walkin storage cupboard housing hot water tank. Bedroom One (4.01m x 2.97m) Double glazed uPVC window to rear. Wardrobes and a night storage heater.
Bedroom Two 3.5m to wardrobe front x 3m - Double glazed uPVC window to rear. Wardrobes and a night storage heater. Shower Room Shower cubicle with an electric shower, basin and wc.
Wall heater and tiled splash. Coummnal Facilities The former Farm has been converted and the original Piggeries are now Bungalows along with new builds which the Sellers property forms part of.
The owner will benefit from a residents lounge with a bar, games area, plus a kitchen and drying room leading off.
Well maintained communal gardens to enjoy with an attractive wildlife pond as a centre piece. On site Managers Office.
Agents Note Lease 299 years from 31/12/1989 and a monthly service charge of £219.30 reviewed 30/03/2026.
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 18 Barbican Court,, Barbican Road, Cornwall
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