2-bedroom terraced house · PL13 2ER
For saleListed 93 days
Opportunity summary
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About
Set just yards from looe river & quay. Conveniently located tucked away in a side street in the heart of West Looe. Retaining period features and only a short stroll to Looe bridge and amenities.
Three storey terraced cottage comprising; two bedrooms, shower room, living room, kitchen and a courtyard. The seaside holiday town of Looe is located in an Area of Great Landscape Value.
The Property is situated in a conservation area in West Looe in the heart 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.
Living Room 4.1m into alcove x 3.5m - Sash window with shutters. Focal point gas fire with surround and hearth. Radiator and stairs to first floor with cupboard under.
Kitchen (3.76m x 2.36m) Window and door to rear courtyard. Range of base, wall and drawer units complemented by worktops. Sink and drainer with tiled splash backs and flooring.
Electric oven, gas hob with hood over. First Floor Landing Double glazed window to rear on half landing. Stairs up to third floor bedroom with cupboard under.
Bedroom (4.11m x 3.07m) Sash window and obscure window both with shutters. Picture rail and radiator. Shower Room Obscure window, shower cubicle, basin and wc.
Radiator, tile, splash backs and an airing cupboard. Third Floor Bedroom (4.06m x 3.48m) Storage to the eaves and radiator. Reduced head height in part.
Courtyard Rear courtyard with two stores one previously having a washing machine.
Agents Note We are unable to verify when the loft conversion was undertaken although we believe this to be historical in nature.
We ask all potential parties to satisfy themselves with this part of the property, your conveyancer can make enquiries on your behalf.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 Penvar,, Princes Street, Cornwall
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