Property Details: - Type: Detached house - Bedrooms: 8 - Bathrooms: 4
Agent: Popes Estate Agents - Cornwall Phone: 01503 636391
Investment/Development Opportunity – A substantial detached period property arranged as four self-contained two-bedroom apartments, offering an excellent investment opportunity with the potential to generate a strong rental yield or provide a mixed residential income. Occupying an elevated position just a short walk from Looe's bustling harbour, town centre and beach, the property enjoys attractive views across the Looe River and surrounding countryside. Externally, there is off-road parking for four vehicles to the rear, together with communal gardens and terraces. <br/> <br/>The accommodation extends to approximately 2,304 sq ft (213.9 sq m) and comprises: <br/> <br/>Ground Floor: Two spacious two-bedroom apartments, each offering generous bay-fronted living rooms, fitted kitchens, bathrooms and and two bedrooms. <br/> <br/>First Floor: A further two-bedroom apartment featuring a large open-plan kitchen/living area, two double bedrooms, bathroom, utility room and additional storage. <br/> <br/>Second Floor: A two-bedroom apartment which is in need of completion and has an open-plan living space, two bedrooms, WC and useful storage areas. <br/> <br/>The property has been divided to maximise accommodation while retaining the generous proportions of the original house. The layout offers flexibility for long-term residential lettings, holiday accommodation (subject to any necessary consents), or the potential to reconfigure or further enhance the building, making it an appealing proposition for investors and developers alike. <br/> <br/>Outside, residents benefit from communal gardens and terraces, while the valuable off-road parking for four vehicles is a significant asset in this central Looe location. <br/> <br/>Situated within easy walking distance of the harbour, independent shops, cafés, restaurants and beach, this is a rare opportunity to acquire a substantial income-producing property in one of Cornwall's most popular coastal towns. <br/> <br/> The property is in need of completion and this is shown in the photos. <br/> <br/>Tenure - Freehold. Council Tax Band - all A rated. EPC Rating - see attached assessments. <br/>Services: Mains electricity, water and drainage. <br/>Heating: Electric Heating throughout. <br/>Windows: Double glazed throughout <br/>Flood Risk: Very Low (Gov.uk Flood Mapping) <br/>Construction: Standard construction – brick and block with slate/tile roof.
