The Quay, East Looe PL13 2 bed flat for sale

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The Quay, East Looe PL13 2 bed flat for sale

The Quay, East Looe PL13
£225,000

Our Summary

  • While the property would benefit from some modernisation, both rooms offer excellent potential to be updated to suit personal taste
  • With some updating, it also represents a strong long-term rental investment
  • Separate kitchen with potential for modernisation

Description

East Quay House is a purpose-built block of apartments located in a prime position adjacent to the Harbour in East Looe. The property comprises 10 apartments, each with its own private balcony, and four shops on the ground floor providing an additional income stream. The apartment, Apartment 3, is situated on the second floor and features a separate kitchen and lounge with balcony access. The kitchen overlooks the street below, while the lounge has patio doors leading to a balcony with pleasant harbour views. The property has two well-proportioned double bedrooms, a fully tiled bathroom, and a communal bin store on the ground floor. The property is held on a 999-year lease from September 2013 with a share of the freehold and receives dividend payments every six months. With some updating, the property presents an excellent opportunity for those seeking a harbour-side property that could be a stylish holiday home or main residence, or a strong long-term rental investment.