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 detached house · TR27 4QU
Sold STCReduced £25k (−8.3%) on 27 OctListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly regarded residential location of Mellanear Close, this two bedroom, three storey house offers double glazing and gas central heating.
There is the added benefit of an enclosed rear garden, garage, driveway parking and no onward chain. Leaded Obscure Double Glazed Door Into...
Entrance Porch Double glazed windows to the front and side, tiled floor, door with side window into...
Entrance Hall Fitted carpet, radiator, exposed ceiling beams, multi glass panelled door into...
Kitchen/Diner 5m x 3.6m (16' 5" x 11' 10") Fitted with a selection of base and wall units, inset double oven and gas hob, inset one and a half bowl stainless steel sink and drainer, space for washing machine and fridge/freezer, radiator, two double glazed windows to the front, obscure double glazed door to the side, exposed ceiling beams.
. From the entrance hall, carpeted staircase rises to...
First Floor Landing Bedroom One 3.7m x 3.4m (12' 2" x 11' 2") Double glazed window to the front with countryside views in the distance, fitted carpet, radiator, built in wardrobes.
Bedroom Two 3.3m x 2.7m (10' 10" x 8' 10") Double glazed window to the front with countryside views in the distance, fitted carpet, radiator, access to the loft.
Shower Room Shower cubicle with electric shower and tiled surround, low level WC, pedestal wash hand basin, radiator, ladder style heated towel rail, obscure double glazed window to the side. .
From entrance hall, carpeted staircase descends down to.... Lower Hallway Fitted carpet, storage area. Multi glass panelled door into...
Lounge 6.4m x 3.7m (21' 0" x 12' 2") Gas fire with two alcoves, two radiators, fitted carpet, double glazed window to the front with countryside views in the distance, double glazed window to the side and folding door into...
Boiler Room Double glazed window to the side, wall mounted central heating boiler, hot water tank and a set of drawers. . From the lounge, double glazed door into...
Sun Room Double glazed windows to both sides and rear with views to the garden, double glazed door providing access into the garden.
Outside There is an open plan garden laid to lawn to the front and side. To the rear there is an enclosed garden with area of lawn, patio, shed and a selection of plants and shrubs.
Gated access and door leading into the garage. Garage 5.2m x 2.5m (17' 1" x 8' 2") Fitted with an up and over door. Parking Driveway parking.
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

FAQ
About Mellanear Close, Hayle, Cornwall
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