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The Quay, Looe PL13

South West

£325,000
Listed on 19/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1152 sqft

Description

This unique harbourside residence, available for the first time in nearly four decades, presents a rare opportunity for renovation and investment. Converted from an original store, the property spans approximately 1,591 sq ft across three floors and features an integral garage, a considerable advantage in this sought-after location. The home comprises three spacious double bedrooms, including a principal suite with an ensuite shower room. A large family bathroom serves the additional bedrooms. The ground floor accommodates the garage and a laundry room/storage area, while the first floor houses the bedrooms and bathroom. The highlight of the second floor is a generous 29-foot sitting/dining room that flows onto a canopied balcony with stunning views over the harbour and river—an ideal setting for outdoor entertaining. Strategically located within walking distance to both the beach and Looe's vibrant harbourside, this property benefits from its position in a conservation area renowned for scenic beauty and coastal activities. The proximity to local amenities—including shops, restaurants, and access to public transport—further enhances its appeal. Nearby recreational offerings include boating opportunities at Looe's working fishing harbour as well as various golf courses in the region. Importantly, while the property has experienced minor flooding issues in the garage area during exceptional weather events, it offers potential buyers an opportunity to modernize and adapt to current safety standards. Given that insurance options may be limited due to flood risk, prospective purchasers are encouraged to consult with their financial advisors regarding financing options prior to visiting. With its desirable location near key attractions—from unspoiled beaches to walkable paths along the South West Coast Path—this property presents significant investment potential as either a primary residence or vacation rental. Other local highlights include easy access to the Tamar Valley Area of Outstanding Natural Beauty and quick links to nearby towns like Fowey and Plymouth. In summary, this harbourside house offers an exciting canvas for those looking to invest in a property rich with potential in one of Cornwall’s picturesque settings.

Investment Analysis

(PL13 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£282/sq ft
Area Average
£335/sq ft

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£424,195
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Monthly Sales
10
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL13)

Area prices are rising by +9.1% over the last 12 months
3 year growth: -2.9%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on PL13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

The Quay, Looe PL13
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