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 work3-bedroom house · PL33 9AT
Listing removedReduced £20k (−9.5%) on 1 JulListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming and characterful terraced cottage offering deceptively spacious and versatile accommodation, blending period features with modern comforts, and complemented by inviting front and rear outdoor spaces, all set within the heart of the popular village of Delabole.
Step through the front gate and you’re immediately welcomed by a private, enclosed patio, a lovely spot for a morning coffee or a relaxed evening meal.
There’s a sense of quiet charm here before you’ve even opened the front door. Inside, the cottage reveals its character straight away.
The main living room feels warm and inviting, with beamed ceilings, slate flagstone flooring underfoot, and a wood burning stove that naturally draws your eye.
Window seats add to the cosy atmosphere, making it a space that feels both traditional and comfortable for everyday living.
Just off the living room is a further bedroom, currently arranged as a third bedroom. It’s a versatile space that could also lend itself to a home office, snug or guest room depending on your needs.
Beyond this, you’ll find the family bathroom, fitted with both bath and shower. Back through the living room, the kitchen sits to the rear of the property.
It’s practical and well laid out, with a range of wall and base units, space for appliances, and a large Belling cooker that feels perfectly in keeping with the cottage style.
A rear door leads you outside, connecting the home nicely with the garden space.
Upstairs, the main bedroom is bright and generously sized, with exposed beams continuing the character theme and ample room for a full suite of furniture.
The second bedroom is a charming space in its own right, currently arranged with bunk beds and featuring a window seat and built-in wardrobe.
From here, an additional bedroom is accessed, currently set up as a fourth bedroom, offering excellent flexibility for growing families, guests or those needing extra space.
Outside to the rear, accessed via a right of way, is a raised patio area, ideal for outdoor dining or entertaining.
There’s also a substantial brick-built storage shed and additional space for further storage, making it particularly practical for bikes or outdoor equipment.
While the property doesn’t include private parking, a nearby public car park provides a convenient solution.
Altogether, this is a home full of personality, blending period charm with functional living space, and offering more versatility than you might first expect from a cottage of this size.
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 127, Pengelly, Cornwall
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