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Pelynt, Looe, Cornwall, PL13

South West

£375,000
Listed on 08/08/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This versatile cottage, set against a stunning rural backdrop, presents a unique opportunity for renovation and investment. Currently undergoing building works, the property is designed to feature four bedrooms, including two en suite shower rooms, alongside a bathroom and three spacious reception areas. A kitchen equipped with modern amenities and a utility room enhances its functional layout. Notably, it's positioned for further development under planning reference PA22/02087, allowing for a two-storey extension and the conversion of an existing garage into a self-contained annexe. This flexibility opens avenues for additional rental income or guest accommodation. Located near the picturesque villages of Polperro and Pelynt, this property is surrounded by natural beauty while being conveniently close to Looe's vibrant seaside attractions. The area is rich in community resources such as local shops, schools, and recreational facilities. With the potential for sub-division pending necessary consents from Cornwall Council, this cottage not only serves as a charming family home but also as an enticing investment with significant upside potential. The surrounding landscape offers panoramic views and access to numerous outdoor activities, making it appealing to both residents and holidaymakers alike.

Investment Analysis

(PL13 area)
Area Average
£335/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL13)

Area prices are rising by +7.6% over the last 12 months
3 year growth: -4.8%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on PL13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pelynt, Looe, Cornwall, PL13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE