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 terraced house · TR18 3HG
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully updated two-bedroom cottage situated on a quiet pedestrian-only road, offering a peaceful setting full of character and charm.
Recently improved with lime pointing and rendering, the property blends traditional features with tasteful modern updates.
The ground floor offers a cosy open-plan living space with the bathroom positioned to the rear, while outside there is a small front garden and a pretty enclosed rear courtyard complete with a useful granite store.
Upstairs are two double bedrooms, creating comfortable accommodation throughout.
Although compact in size, this is a very sweet cottage with a lovely feel, ideal as a first home, holiday retreat or investment property. Heamoor is a small village located approx.
1-mile form Penzance. It has lots of local amenities including a primary and secondary school, village shop, bakery, pub, and church.
A short walk of 10-15 mins brings you into Penzance town centre via an underpass. Country walks in Bone Valley on your doorstep.
Upvc double-glazed door into: Open Plan Living Space 2.74m x 4.85m Upvc double-glazed sash window to front, electric radiator. Pretty stained glass window to side.
Former fireplace, stairs to first floor. Kitchen - electric hob with electric oven under, sink and drainer, space for fridge. Door to: Rear Hallway Door to rear garden.
Bathroom 2.13m x 1.83m Window to rear, bath with shower over, wash hand basin, w/c, door to storage cupboard housing water tank. Plumbing for washing machine.
Double cupboard over bath with storage. First Floor Landing Access to loft, storage recess.
Bedroom 1 3.05m x 3.05m Upvc double-glazed sash window to front, electric radiator, port hole window to side, original floorboards.
Bedroom 2 2.74m x 3.05m Large Upvc window to rear, electric radiator. Wooden floors. Outside Rear paved patio with gate to rear service lane, granite built store, raised flower bed.
To Front Pretty frontage with fence and wall boundary, gate. Services: Electric, mains water and drainage. Council Tax: Band A.
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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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

FAQ
About Jamaica Place, Heamoor, Penzance, TR18
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