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See how verdicts work2-bedroom house · PL13 1BX
Listing removedReduced £25k (−10%) on 25 JulListed 211 days
Opportunity summary
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About
Seafront position & only meters from the beach. Enjoying views of the sea and waves rolling onto Looe beach, also looking out to Banjo pier and Looe river to the side.
An ideal second home or holiday rental as formally let out. The property comprises; open plan kitchen/diner/lounge, shower room, and two bedrooms.
Benefitting from a wood burner, period features, plus a chain free sale.
The seaside holiday town of Looe is located in an Area of Great Landscape Value and the property is set within a conservation area.
The Property is situated on Looe sea front only meters from the Beach and Looe river. 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.
Lounge/Kitchen/Diner (4.65m x 3.18m) Open plan dual aspect room with uPVC double glazing and window seat. Focal point wood burner inset into chimney with hearth.
Feature exposed stone wall and timber lintels. Under stairs storage cupboards and recessed fridge/freezer. The kitchen area benefits from a range of base and drawer units complemented by worktops.
Sink and drainer, oven, grill and hob with hood over. Recessed utility area, back door, laminated flooring and stairs to first floor. First Floor Landing Double glazed uPVC window to rear.
Feature exposed stone wall and stairs to second floor. Bedroom Two 3.28m into recess x 2.67m - Double glazed uPVC window to the front enjoying a partial sea and river view.
Electric radiator and built in wardrobe/cupboards. Shower Room Obscure uPVC double glazed window. Electric shower, basin unit and wc. Chrome towel warmer and laminated splash backs.
Second Floor Bedroom One 4.65m into eave x 2.7m10max - Double glazed uPVC window to front enjoying an impressive view out to sea and of Banjo pier plus a partial river view as well.
Electric wall heater and a dressing area behind the bed with hanging rail. Outside Cobbled parking space directly adjoining the front of property.
Agents Note The Vendor informs there is a flying freehold with 2 Albatross Cottages due to sellers utility recess.
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.
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FAQ
About 1 Albatross Cottages,, Churchend, Cornwall
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