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 · TR16 5TY
Sold STCListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a peaceful residential area, this well looked after two double bedroom bungalow offers a fantastic opportunity for those seeking comfort, convenience, and low-maintenance living - all on one level.
Inside, you’ll find a spacious lounge, leading to the kitchen/diner, filled with natural light and perfect for relaxing or entertaining. The home provides a warm and cozy atmosphere throughout.
Both bedrooms are at the rear of the property, looking onto the garden and the bathroom is finished for everyday ease.
Step outside to enjoy the sunny enclosed rear garden - a private, low-maintenance space ideal for soaking up the sunshine or enjoying a quiet morning coffee.
The property also features off-road parking and an attached garage with internal access, offering plenty of space for storage, hobbies or motors.
Situated within easy reach of local amenities and transport links, this home combines peaceful living with everyday practicality.
Whether you're a first time buyer, wanting to retire in comfort, or simply enjoy single-level living in a friendly community, this charming bungalow is not to be missed.
Arrange your viewing today so you don't miss the opportunity to make this delightful home your own!
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
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
FAQ
About Pennance Parc, Redruth, TR16
Explore nearby
