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Fore Street, Polperro, Looe, Cornwall, PL13 2QR

South West

£650,000
Listed on 10/11/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a rare opportunity to invest in a substantial period building located in the vibrant village of Polperro, known for its picturesque harbor and charming narrow streets. Currently serving as a convenience store on the ground floor, the upper levels offer expansive living accommodation comprising 4 to 5 bedrooms across two floors, along with a generous elevated garden that affords delightful views of the surrounding coastline and village. The ground floor is designed with flexibility in mind, featuring approximately 750 square feet of commercial space that has been divided into two areas. This layout allows for potential reconfiguration into a larger retail space or even expanded business opportunities. The shop's prime location on the main street ensures consistent foot traffic, making it an attractive proposition for those looking to enhance an existing business or transition into new ventures. Accessed separately from Fore Street, the upper floors include a spacious living area complete with a kitchen/diner, lounge, and flexible bedroom options that could also serve as additional living spaces or offices. With appropriate permissions, there is significant potential to convert this residential area into two distinct units for rental income or to accommodate multiple families. The outdoor space adds remarkable value to this property; the rear garden is not only sizable but also features terraces that can be developed further. This area provides an excellent environment for relaxation and enjoyment of the scenic surroundings, enhancing both personal use and appeal to future renters or buyers. As the current owner has operated the business for decades as a traditional convenience store with limited hours, there exists considerable potential to boost revenue by extending operating times and diversifying product offerings. Given Polperro’s popularity among tourists and locals alike, there is ample opportunity for growth within this enterprise. With its combination of residential charm and commercial viability, this property is well-suited for investors seeking renovation projects or buyers interested in merging home life with business possibilities in one of Cornwall’s most sought-after villages.

Investment Analysis

(PL13 area)
Area Average
£335/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Fore Street, Polperro, Looe, Cornwall, PL13 2QR
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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
£2,381
Based on a loan of £487,500 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