2-bedroom house · PL13 1DD
Listing removedReduced £20k (−6.7%) on 20 JunListed 591 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautiful example of a fisherman’s cottage that has been lovingly restored to create a tranquil space yet within a short distance to Looe's beach front and vibrant town.
'The Cottage' has undergone extensive refurbishment and has been enjoyed by its current owners for over 10 years, it would make perfect second home or investment purchase, viewing is highly advised.
Walking through the door you are instantly greeted with a charming pine staircase rising up to the first floor.
Downstairs, Cornish slate flooring runs through the open plan lounge/ diner and kitchen equipped with underfloor heating and not to mention an all-important wood burner set into a feature chimney breast to keep the chill off in the winter months.
To the ground floor is also a useful utility area, downstairs Wc and access to enclosed private courtyard.
Following up to the first floor, two generous and light bedrooms both enjoy feature fireplaces and useful concealed storage, whilst a sumptuous bathroom benefits from a large wet area and delightful freestanding bath.
Every care and detail has been given to this historic cottage which is being sold with no onward chain.
Location Looe is a popular coastal town all year round, within the town you will find a range of boutique shops, restaurants, traditional Cornish pubs and more.
For the watersport enthusiasts there is a thriving sailing and rowing community in Looe, in addition to wonderful kayaking expeditions that can be enjoyed along Looe River.
There are good transport links, with a Train Station providing services to Plymouth, Exeter and London Paddington.
Directions What 3 Words - ///walking.union.fussy Material Information Tenure - Freehold, Council Tax Band - B, Local Authority - Cornwall Council.
Property Type - Terraced, Construction - Stone, Utilities - Mains electricity, gas, water, and drainage, Heating - Central Heating, Broadband - Standard & Superfast.
Mobile Signal - EE (Limited), Three (Likely), 02 & Vodafone (None).
Parking - No parking available, Flood & erosion risk - Low Risk of Surface flooding & Very Low Risk of flooding by River & Sea.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
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FAQ
About The Cottage,, Tower Hill, Cornwall
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