We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PL28 8BG
Sold STCReduced £15k (−3.1%) on 26 AugListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the picturesque town of Padstow, this beautifully refurbished 2-bedroom terraced cottage combines modern comfort with characterful charm, making it an ideal home for those seeking a stylish second home, holiday let, or main residence.
Having undergone a full renovation in the summer of 2020, this property seamlessly blends contemporary finishes with original features, creating a unique living space.
Upon entering, you'll be welcomed into a bright and airy open-plan living area, where the warmth of original slate flooring contrasts with the sleek, modern underfloor heating.
The stunning kitchen is a highlight, offering a clean, timeless aesthetic complete with high-quality fixtures and fittings, ample storage and integrated AEG appliances.
The cottage’s character is further enhanced by its period details, including charming beamed ceilings and inviting window seats that capture the essence of the cottage.
These thoughtful features lend a sense of warmth and personality throughout the home. The property offers two well-proportioned bedrooms, each designed for comfort and relaxation.
The shower/wet room is modern and tastefully finished, continuing the cottage’s high standards of design.
This property benefits from main gas, electricity and drainage with gas central and underfloor heating. Council Tax Band - B, EPC - E.
Outside, a lovely garden provides a peaceful retreat, perfect for enjoying Padstow’s renowned coastal climate or entertaining guests.
The cottage's central location on Church Street places it within easy walking distance of the town’s vibrant amenities, including its famous harbour, independent shops, restaurants, and the stunning local beaches.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 42, Church Street, Cornwall
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