Dorrien House, Beech Terrace, Looe, Cornwall, PL13
Looe · PL13
£355,000Asking price
£38,400 paPotential rent
10.82%Potential yield
FreeholdTenure
Overview
Dorrien House is a freehold block of four self-contained flats on a single title in Looe, South East Cornwall. The estimated gross rental value is £38,400 per annum once fully let, a 10.8% gross yield at the asking price, and the block offers clear scope to refresh and re-let to today’s standard.
Investment highlights
- Freehold block of four self-contained flats held on one title
- Estimated gross rental value of £38,400 per annum once fully let, 10.8% at the asking price
- Scope to refresh the flats and reset rents to current market levels
- Looe is a working harbour town with year-round residential demand and a proven visitor economy
- Small coastal blocks on single freehold titles rarely reach the open market
The numbers
| Asking price | £355,000 |
| Estimated rental value | £38,400 per annum |
| Estimated gross yield | 10.8% |
| Tenure | Freehold |
| Units | 4 self-contained flats |
