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Goonrea, West Looe

South West

£257,500
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
861 sqft

Description

Located in a well-regarded residential area of West Looe, this semi-detached property offers scenic views of the river and nearby woodlands. With a flexible layout over two levels, it presents an opportunity for renovation and personal customization, making it an ideal project for buyers looking to create their dream home. The ground floor consists of a welcoming hall that leads to a versatile study—perfect for remote work or leisure activities. Adjacent to this space is a spacious living room that could easily serve as a third bedroom if needed. The first floor features a landing with loft access, two generously-sized bedrooms, a bathroom, and another living room that boasts large windows with striking views. The kitchen is equipped with built-in units and essential appliances such as an oven and hob. Outdoor spaces include both side and rear gardens that are in need of some upkeep but hold considerable potential for landscaping and design. From these areas, one can appreciate the beautiful vistas of the East Looe river and Kilminorth woods—both offering a serene backdrop to outdoor activities. At the front, the property benefits from a long driveway providing off-road parking for multiple vehicles, leading to an integral garage with ample ceiling height for additional storage or workshop use. West Looe itself is known for its charming coastal atmosphere, featuring vibrant local shops, cafes, and restaurants renowned for serving fresh seafood. The community also supports various outdoor pursuits—from hiking along coastal paths to water sports like surfing and kayaking—making it appealing for both residents and visitors alike. With its current layout providing ample space and the option to expand further (subject to necessary permissions), this property is well-suited for those keen on making updates while taking advantage of its scenic location. Viewing is recommended to fully grasp the potential this home has to offer. In terms of amenities, the house is connected to mains water, electricity, drainage, gas heating from a Valiant Combi boiler, uPVC double glazing throughout, and broadband capabilities are already in place. A Certificate of Lawfulness has been granted previously for proposed modifications, indicating favorable prospects for future enhancements. This property represents not just a home but also an investment opportunity in an enviable location that balances tranquility with community spirit.

Investment Analysis

(PL13 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£299/sq ft
Area Average
£335/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£317,231
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
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

Goonrea, West Looe
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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
£943
Based on a loan of £193,125 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