A rare opportunity to acquire an exceptionally private and well-established cottage complex in a highly desirable coastal location on the outskirts of Looe, Cornwall. The freehold property comprises seven established cottages, all with full residential planning consent, set within approximately two and a half acres of beautifully landscaped grounds. The complex generates consistent rental income through Assured Shorthold Tenancies and benefits from very low vacancy levels due to the strength of demand for this type of accommodation in the area.
The cottages are a mix of purpose-built and sympathetically converted period buildings, all maintained to a high standard and each benefiting from its own private outdoor space. The grounds are a major feature of the business, including two well-stocked fishing ponds, an all-weather tennis court, extensive lawned and woodland areas, laundry facilities and ample private parking for residents. A particularly unique feature is the property’s own private rail halt, providing direct access to Looe town centre via the scenic Looe Valley Line, allowing for convenient car-free travel.
The complex is currently operated remotely, offering a light-touch management model with scope for hands-on involvement if desired. Importantly, planning permission has been granted for the construction of two additional three-bedroom dwellings within the grounds, presenting a significant development and value enhancement opportunity. The sale includes all trade fixtures and fittings, with stock to be purchased at valuation upon completion. A comprehensive handover will be provided to ensure continuity for a new owner. Early viewing is strongly recommended to appreciate the scale, privacy and long-term potential of this unique Cornish property.
