13-bedroom detached house · PL13 2JR
For saleReduced £250k (−16.7%) on 26 SepListed 106 days
Opportunity summary
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About
Description Occupying a generous private setting surrounded by mature gardens and open countryside, the development currently comprises four detached properties, together with two additional buildings offering exciting scope for conversion into further residential or holiday accommodation, subject to the necessary planning consents.
Waylands Farm has built an enviable reputation over many years as one of the area's well-regarded holiday destinations, attracting returning visitors seeking the tranquillity of the countryside whilst remaining within easy reach of Cornwall's spectacular coastline.
The existing accommodation provides an excellent range of property sizes, offering flexibility for both owners and guests alike.
It comprises an impressive five/six-bedroom detached residence, ideal as an owner's home or premium holiday accommodation; a spacious four-bedroom detached property, perfect for larger family groups; two beautifully appointed two-bedroom cottages, providing charming holiday lets or permanent accommodation; and two further buildings presenting exciting opportunities for redevelopment or conversion.
The estate has benefited from a programme of extensive refurbishment in recent years, with considerable investment enhancing both style and comfort throughout.
Beautiful handmade kitchens provide character and quality, whilst contemporary bathrooms and tasteful interior finishes create accommodation that is both welcoming and practical.
Outside, the grounds are equally impressive. There is an abundance of lawned gardens, seating areas and open spaces for guests and residents to enjoy, together with extensive parking across the site.
A substantial function hall, complete with its own traditional bar area and fully equipped kitchen, opens up a wealth of possibilities for hosting weddings, family celebrations, corporate retreats, yoga weekends, art workshops or private events.
One of Waylands Farm's greatest assets is undoubtedly its location.
Just a short drive away lies the bustling harbour town of Looe, consistently recognised as one of Cornwall's most desirable coastal destinations, with independent cafés, seafood restaurants, traditional pubs and boutique shops centred around the picturesque working fishing harbour.
The famous South West Coast Path offers breathtaking walks in both directions, while nearby Polperro, Fowey, Charlestown, Bodmin Moor and the magnificent beaches of South East Cornwall are all within easy reach.
Whether your ambition is to operate a thriving holiday business, create a boutique hospitality venue, establish an exclusive retreat or simply enjoy an outstanding family home with multiple income streams, Waylands Farm Cottages offers the flexibility to make that vision a reality.
What the Vendor Says The past five years have been incredibly rewarding.
The holiday rental accommodation has consistently enjoyed strong demand, with little to no void periods, providing both a successful business and a wonderful lifestyle.
Owning and running the farm has brought immense satisfaction, offering the rare opportunity to combine home, business and countryside living in one truly special setting.
It is only due to unavoidable personal circumstances that we have made the difficult decision to say goodbye to our much-loved farm.
For those looking to take it even further, the property still offers exciting scope for future growth.
Subject to the necessary planning consents, there are three additional buildings that present an excellent opportunity for conversion, allowing the next owners to unlock even greater potential and continue the property's remarkable journey.
Tenure: Freehold
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.
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About Waylands Farm Cottages, Looe
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