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See how verdicts work3-bedroom terraced house · PL13 2AS
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Penwood is situated on West Road in West Looe, close to the harbour and local amenities.
Ideally located within walking distance of Looe’s main town, which boasts a variety of shops, cafés, bars, and restaurants.
The town features a busy fishing harbour, a lively tourist area, and a beautiful sandy beach. INTERIOR Accessed via the front door, the property opens directly into a spacious, well-equipped kitchen.
It features a range of wall and base units with contrasting work surfaces and matching splashbacks, all complemented by tiled flooring.
There is an inset sink and drainer, with space for a freestanding oven and washing machine.
From the kitchen, an internal hallway provides access to the lounge/diner and shower room, with stairs rising to the first floor.
The lounge/diner is generously proportioned, neutrally decorated, and fitted with carpeted flooring. A window to the front aspect allows for natural light, creating a welcoming space.
The ground floor shower room includes a shower cubicle, pedestal wash basin, and close-coupled WC.
Stairs from the hallway lead to the first-floor landing, with doors opening to all bedrooms and the family bathroom.
The main bedroom is positioned to the side of the property and features doors opening onto a private balcony.
Currently used as an additional lounge, this versatile room could easily serve as a spacious primary bedroom.
Two further double bedrooms are also located on this floor, both generously sized and with windows to the front aspect.
The family bathroom is fitted with a white suite comprising a bath, pedestal wash basin, close-coupled WC, and a heated towel radiator. Offering approximately 1,248 sq. ft.
of flexible living space (as shown in the floorplan), the property briefly comprises: kitchen, lounge/diner, shower room, and garage on the ground floor, with three bedrooms, a family bathroom, and balcony on the first floor.
OUTSIDE Accessed from West Road, the property is approached via two steps leading to the main front door. The integrated garage is also entered from West Road.
A balcony off the main bedroom offers views across to East Looe, with glimpses of the river.
While the property would benefit from modernisation, it is competitively priced to sell and presents an excellent opportunity for buyers looking to personalise.
PROPERTY INFORMATION Services: Mains water, drainage, electricity and gas. Windows: Double glazed throughout. Heating: Gas combi boiler Tenure - Freehold. Council Tax Band - C EPC Rating - C
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
FAQ
About West Road, West Looe, Cornwall
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