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Richmond Road, Looe, PL13

South West

£215,000
Listed on 15/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

Nestled in the charming village of Pelynt, this three-bedroom semi-detached home presents a promising opportunity for buyers eager to make their mark. Located conveniently within walking distance of the village centre and close to the local primary school, this property is ideally suited for family living. While it requires some modernisation, this aspect allows potential owners to personalise the space, maximising both comfort and future value. Upon entry, you'll find a welcoming central hall with stairs leading to the first floor and access to a spacious lounge/diner. This dual-aspect room is designed for family gatherings, offering ample room for seating and a dining area conducive for everyday meals or entertaining guests. The layout offers flexibility for reimagining the space according to your design preferences. Adjacent to the dining area is the kitchen which holds great potential for reconfiguration; transforming it into a contemporary open-plan kitchen diner would significantly enhance its appeal. Currently equipped with good storage options and workspace, updating this kitchen will cater to modern tastes while fostering better flow throughout the home. Upstairs features three well-sized bedrooms: two doubles and a single that could serve as a nursery, home office, or dressing room. All rooms benefit from natural light and pleasant views. The family bathroom further provides an opportunity for updates, allowing upgrades that would increase both comfort and property value. Pelynt stands out as one of South East Cornwall's most desirable villages with its vibrant community atmosphere. It boasts essential amenities including shops, a post office, and a respected doctors’ surgery. Families are drawn here due to its excellent pre-school and primary school nearby—ideal for convenient school runs. Additionally, the village offers social venues like a traditional pub and social club while being surrounded by beautiful countryside perfect for scenic walks. Just a short drive leads you to Looe's bustling harbour with its beach and restaurants or Polperro’s picturesque charm—ideal spots for enjoying coastal life in Cornwall.

Investment Analysis

(PL13 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£227/sq ft
Area Average
£328/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£341,938
10% above area average per sq ft
Potential ROI
+34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (PL13)

Area prices are rising by +6.7% over the last 12 months
3 year growth: -6.5%
5 year growth: 10.8%
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

Richmond Road, Looe, PL13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£775
Based on a loan of £161,250 over 30 years at 4.06% 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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