2-bedroom bungalow · PL13 1NT
Listing removedListed 305 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Retirement Bungalow On East Looe Barbican With Parking & Communal Gardens A charming two-bedroom retirement bungalow located in the heart of East Looe on the Barbican, offering comfortable and convenient over-55s living.
This well-proportioned property features a bright living room, kitchen, and walk-in shower room, all set within level grounds and benefiting from an allocated parking space.
The property forms part of a highly regarded retirement complex, just a short stroll from shops, cafes, and the harbour, making it ideal for those seeking a low-maintenance lifestyle within easy reach of local amenities.
The bungalow is economical to operate and provides a warm, welcoming environment for independent living.
Communal facilities include well-kept gardens, a sunroom, day room, conservatory, and utility/drying room, enhancing both convenience and community life.
The gardens feature a lawn, various plants, a feature pond, and seating areas, perfect for enjoying the outdoors in a safe and tranquil setting.
The property also benefits from a part-time house manager, monitored medical emergency pull-cord system, and maintenance of communal areas, providing reassurance and support for residents.
The current monthly service fee is £186.59, covering building insurance, garden upkeep, communal lighting, window cleaning, and external maintenance.
Council tax is additional at approximately £151.25 per month.
This bungalow represents a rare opportunity to enjoy a peaceful, social, and secure retirement lifestyle in one of East Looe’s most convenient and sought-after locations.
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
Agent & docs
FAQ
About 9 Barbican Court, Barbican Road, Cornwall
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