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 workStudio flat · TR26 1RZ
Listing removedListed 126 daysAuction 16 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction - Thursday 16th July 2026 Description A charming studio flat (previously 1 bedroom) set in the heart of St Ives town centre and close to the harbour, gardens and beaches.
The property has an open plan lounge/kitchen/bedroom and a shower room.
Thus offering the perfect opportunity for either an easily maintained bolt hole or as a holiday lettings venture in this popular seaside town.
Situated St Ives is a thriving and sought after coastal town, with it’s working harbour, sandy beaches, & art galleries. As well as, restaurants & bespoke shops.
St Ives continues to be a popular tourist destination being readily accessible from the A30 and has a branch line to Penzance. Flat 3 Open plan lounge/kitchen/bedroom and en-suite shower room.
Parking Residents parking permits can be obtained from Cornwall Council for one of the nearby public car parks.
Lease Details Lease length: 990 years from 25th March 1989 Ground rent: £10 per annum Service Charge: £1686 per annum Viewings Strictly by prior appointment with Miller Countrywide St Ives .
EPC Rating E Council Tax Band A Tenure Leasehold Lot 3 Cheriton House, Market Place, St Ives TR26 1RZ guide price £90,000+* vacant residential Please
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About Flat 3 Cheriton House, 11, Market Place, Cornwall
Explore nearby
