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See how verdicts work1-bedroom house · PL13 2RB
For saleReduced £5k (−1.9%) on 17 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning sea & harbour views. Established holiday let cottage in the heart of Polperro, adjacent the Harbour. Ideal turn key business or second home by the sea.
Benefitting from a chain free sale, sold furnished and directly stepping out onto the South West Coastal path. Cottage comprises; kitchen, lounge, double bedroom and en suite shower room.
Perfectly situated on the South West Coastal foot path over Polperro Harbour. Enjoying sea and harbour views and located along the Warren in the conservation area of the village.
Located conveniently near all the amenities. The historic working fishing village of Polperro surrounds an attractive harbour.
Sit back and watch the boats bob up and down and soak up the atmosphere of this picturesque harbour village.
The prime location in an Area of Outstanding Natural Beauty allows you to explore the shops, lovely restaurants, fine pubs, beach and South West Coast Path walks straight from the Harbour.
Polperro is one of the most picturesque coastal villages in Cornwall with a myriad of colour washed cottages with slate roofs intertwined around narrow streets and the harbour which still has an active fishing fleet.
The River Pol runs down through the village straddled by a variety of bridges and cottages. There are numerous small shops, pubs and restaurants and art galleries providing all year round interest.
Polperro benefits from a post office, general stores, doctors surgery, primary school and large private car park.
The nearby tourist town of Looe is close on hand for a great day out or why not explore further west into Cornwall with its many attractions and golden sand beaches.
Visitors to the area can travel also by train from the station at Looe. The Looe branch line connects at Liskeard which has services to London Paddington.
Kitchen 4.57m into stairs x 3.28m into alcove - Window with seat and stable door to front. Range of base, wall and drawer units complemented by wooden worktop and breakfast bar.
Sink and drainer with tiled splash backs and flooring. Electric oven and hob with hood over. Washing machine and slim line dishwasher. Storage and meter cupboards along with stairs to the first floor.
Lounge (3.96m x 3.18m) Window enjoying village views. Electric fire and wall heater, recessed shelving and timber latch door to stairs to the second floor.
Bedroom (4m x 3.18m) Window taking in impressive harbour and sea views. Built in wardrobes and cupboard over stairs. Electric wall heater. En Suite Window looking over the Harbour.
Shower cubicle, basin unit and wc. Towel warmer, tile splash backs and laminate flooring. Agents Note The property is grade two listed.
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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Agent & docs
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FAQ
About Penny Cottage,, The Warren, Looe
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