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, Millpool Cottages, West Looe, Cornwall

South West

£175,000

Listed on 21/07/2026

Property details

Bedrooms
2
Type
Cottage

Description

This historical cottage, dated back to the 1600s, offers a unique investment opportunity with significant potential for renovation. Nestled in a desirable location within East Looe, this property boasts charming period features and an easy-access layout. The home includes off-road parking, a side store, and a workshop — amenities that are particularly rare for cottages in this area. Having been lovingly maintained for over three decades, it now presents a canvas for new owners to breathe fresh life into the space through comprehensive modernization. Encompassing a living room, kitchen, two bedrooms, and a bathroom, the property is deceptively spacious. The enclosed courtyard at the front provides useful outdoor space while the additional workshop at the rear adds further possibilities. This cottage is situated close to Millpool and the river, just a short stroll from East Looe's vibrant hub filled with local shops, cafes, restaurants, and its famed sandy beach. With its blend of traditional seaside allure and ample amenities throughout the year, it stands as an attractive prospect for both personal residence or investment. The property is sold with vacant possession. It comes under leasehold tenure with 419 years remaining and is located in a conservation area.

Investment analysis

(PL13 area)
Area Average
£327/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL13)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -10.1%
5 year growth: +4.9%
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

, Millpool Cottages, West Looe, Cornwall
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% 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.

Stamp duty calculator

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