Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Property details

  • 10 bedrooms
  • 7 bathrooms
  • 4 reception rooms
  • Floor area 3,840 sq. ft

Features

  • About 3840 sq ft
  • Home with income
  • Outstanding sea views
  • 3 bed owners suite
  • 5 letting bedrooms (all ensuite)
  • 2 bed S/C apartment
  • Balconies & roof terrace
  • Private level parking
  • Suit multi generation living
  • Close to the beach

Listing view statistics

Last 30 days: 567 page views

Since listed: 3371 page views

Description

In arguably one of the finest locations on the beautiful Cornish Riviera, a superb home with income or multi generation family living opportunity, comprising an established and well respected bed and breakfast only a stones throw from the beach, harbour mouth and iconic Banjo Pier. About 3840 sq ft, 3 Bed Owners Suite with Stunning 665 Sq Ft Open Plan Living Room/Kitchen, Guests Dining Room, 5 Letting Bedrooms (All Ensuite), 2 Bedroom Self Contained Apartment, Balconies and Roof Garden, Private Level Parking, Extraordinary Views.

Hannafore beach 350 yards, town centre 450 yards, fowey 10 miles, plymouth 21 miles In arguably one of the finest locations on the beautiful Cornish Riviera, a superb home with income or multi generation family living opportunity, comprising an established and well respected bed and breakfast only a stones throw from the beach, harbour mouth and iconic Banjo Pier. About 3840 sq ft, 2/3 Bed Owners Suite with Stunning 665 Sq Ft Open Plan Living Room/Kitchen, Guests Dining Room, 5 Letting Bedrooms (All Ensuite), 2 Bedroom Self Contained Apartment, Balconies and Roof Garden, Private Level Parking, Extraordinary Views.

Location The property lies in a unique waterside location overlooking the harbour mouth, the iconic Banjo Pier, East Looe beach and the beautiful coastline of Looe Bay. This position, right at the entrance to the harbour mouth of Cornwall's second largest fishing port, allows a distracting panorama with tidal seafaring traffic including trawlers, day boats and leisure craft passing within about 150 feet of the property! The beaches of East and West Looe are both only a short stroll away. Looe straddles the wide river with its long bridge and stone harbourside, with a thriving tourist industry and popular with boating enthusiasts. There are a wide range of shopping and community facilities, on both sides of the river, together with award winning restaurants. On the edge of the town is a branch line railway which links with the main line at Liskeard (Plymouth to London Paddington 3 hours).

The coastline either side of Looe is beautiful and unspoilt, easily accessible via the South West Coast Path and there are substantial areas in the ownership of the National Trust. There are excellent bathing beaches and a wide network of footpaths and bridleways in the vicinity. The nearby town of Saltash has a Waitrose store on its northern outskirts together with deep water moorings on the River Tamar.

The City of Plymouth lies within commuting distance, having an extensive and historic waterfront.

Description With over 230 reviews on TripAdvisor including a Certificate of Excellence, The Watermark comprises an established and well respected bed and breakfast in perhaps one of the best locations on the South Cornish Coast. Enjoy England have given The Watermark a silver award and whilst currently trading very successfully, some buyers may seek to capitalise on the size of the accommodation perhaps for multi generational living, home with income or even as a large family house.

The accommodation is found to be well presented throughout extending to about 3840 sq ft over three floors, together with a separate self contained annexe. All of the principal rooms including the letting rooms enjoy stunning views over the beach, harbour and coastline and the property is currently configured as follows - The Terrace Suite comprising a 2 bedroom self contained apartment, 5 ensuite letting bedrooms (4 of which have private balconies), guests dining room, laundry/utility room, study/office and a superb owners suite. The owners suite extends to about 1200 sq ft over two floors with a stunning open plan living room/kitchen opening onto a large private terrace and offering three further bedrooms (1 ensuite).

Outside From Portuan Road and Hannafore Lane access is gained to the level private parking for 5 cars. There are various terraces including a roof terrace and balconies with a Mediterranean vibe, all of which are dominated by the extraordinary outlook over the harbour and beach.

The business Currently traded as a bed and breakfast under the VAT threshold and closed between November and February (open New Year), the accounts demonstrate a turnover of about £84,000 with a gross profit level of about 87% and an adjusted net profit of about £54,000 until end of April 2017. The web domain name may be available by separate negotiation. Furniture, equipment and effects to enable the ongoing business use are included and a full inventory is available.

EPC rating - E

directions Using Sat Nav - Postcode PL13 2DE. The parking is at the rear approached over Portuan Road and then Hannafore Lane whereupon the private parking will be found on the right hand side.

You could get

Fast broadband Fast broadband

Up to 16.2 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Looe 0.6 miles
  • Sandplace 2.6 miles
  • Looe Primary School 0.6 miles
  • Looe Community Academy 1 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Looe 0.6 miles
  • Sandplace 2.6 miles
  • Looe Primary School 0.6 miles
  • Looe Community Academy 1 miles

Market stats

Sale activity

Average estimated value for a house in PL13:

  • £366,533
  • Price increase

  • £8,525
  • (2.381%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £343,989
  • Properties sold

    58

Rental opportunities

Not known

Recent sales nearby

See all recent sales in PL13
Switch to next tab

Estimated running costs

Based on available 3rd party data

Approximate costs
£
per month

Mortgage calculator

£ per month

How much could I borrow?

In association with

Your home may be repossessed if you do not keep up repayments on your mortgage.

The results are not provided by HSBC UK Bank plc and do not represent any particular mortgage product. Results are only indicative based on a repayment mortgage and are based solely on your inputs into the calculator. The monthly payments will depend on the product and repayment term you choose. Zoopla receive payment from HSBC UK Bank plc for this calculator and introductions resulting in decisions in principle.

The Agent

Price history

Sold prices provided by Land Registry
10th Mar 2019 £800,000 First listed

Want an expert valuation of your home?

Book an agent valuation
Property descriptions and related information displayed on this page are marketing materials provided by Scott Parry Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Scott Parry Associates for full details and further information.