Eight Cornwall Homes Priced Like London Flat Spark Investor Interest
A remarkable real estate opportunity has emerged in Cornwall, where an entire street of eight homes is available for purchase at a price comparable to a single flat in central London. The Tudor Lodges in Looe, listed for £2 million, present a rare chance for investors, developers, or organisations seeking multi-unit accommodation in a picturesque coastal setting.
Property Details and Versatile Uses
The freehold site comprises seven three-bedroom bungalows and a large detached three-bedroom main residence, totalling 24 bedrooms, nine bathrooms, and nine reception rooms. Pilkington Estates describe the offering as "rare and highly versatile", with no occupancy restrictions. This flexibility allows for private residences, long-term rentals, staff accommodation, or specialist supported housing, subject to necessary consents.
Originally designed with accessibility in mind, the seven single-storey bungalows feature lateral living spaces, level access, wide doorways, and level-access showers, making them suitable for residents with mobility considerations. Each bungalow includes private parking, visitor parking areas, private gardens, and access to communal grounds.
Energy Features and Expansion Potential
All properties are fully electric, with no mains gas supply, and there is potential to install electric air-source heat pumps through negotiation. A key aspect of the package is the existing planning consent for building additional bungalows on the land, appealing to developers seeking expandable projects in an attractive seaside location.
The detached main residence offers three double bedrooms and living accommodation, potentially serving as owner's quarters, on-site management space, or converted for administrative or business purposes. Given its layout, size, and planning approval, Tudor Lodges could suit various uses, including residential, care schemes, business housing, or transformation into wellness retreats or function venues with proper permissions.
This listing highlights the stark contrast between property markets, offering a substantial coastal investment at a price point typically reserved for urban living in London's Zone 1.
