2 bedroom detached house for sale

Rooms

Overview
This charming, detached cottage with a generous garden to the rear boasts a prime, south facing location in the sought-after and quiet area of Shutta in East Looe. It is perfectly situated only a two minute walk from the riverside, railway station and bus stops & a five minute level walk into the centre of Looe.

Welcome
You are welcomed into the property through the late 19th century gothic-style porch which leads into the sitting room where you will find a feature stone built inglenook fireplace housing a multi fuel burner with the original clome oven. There is an additional dining room area to one side and a step up to the kitchen at the rear of the property. The light and airy bathroom can also be found to the ground floor. The staircase takes you to the first-floor accommodation which boasts a landing and two bedrooms. You will also notice the original window on the landing that used to look over the courtyard at the rear.

Cobwalls
With its period charm and character dating back to the mid-17th century, this property exudes history and is part of Looe’s heritage. The interior boasts a cosy atmosphere with ample natural light, creating a welcoming ambiance throughout. The well-equipped kitchen and bathroom ensure convenience and comfort. The property has also been used as a successful holiday let over a period of nearly 40 years, up until 2023, with many repeat customers.

Outside
Cobwalls, being south facing, offers a patio to the front and side of the property that is of a sunny disposition with space for a table and chairs and is bordered with roses that seem to flower continuously. To one side of the patio there is an elevated section with steps built into the grass which in turn gives access to the lawned area to the rear of the cottage.

Rental Income Potential
The mean average on three suggestions of the rental income is worked out as follows- Low season rate around £410 per week. Mid-season rate around £650 per week. High season around £900 per week. Anticipating a gross rental income of c£17,500k

Looe
Looe is a very attractive and historic fishing town and seaside resort, with the River Looe dividing the town into East and West Looe. It has a resident population of c5000, and has its own GP surgery, as well as a primary and secondary school. In the summer months there is an influx of visitors and holidaymakers, but outside of the high season there is still plenty to do. Looe has an excellent selection of shops, restaurants and cafes, most of which are open throughout the winter, and the south-west coastal path is on the doorstep. There is also the music festival in September, and the renowned fireworks on New Year’s Eve at midnight.