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See how verdicts work6-bedroom property · PL35 0HE
For saleListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive enclosed courtyard to the front of the property which is a busy location during the warmer months with space for 42 covers. Independent access points to the main entrance and kitchen.
Lobby with access to the upper floors. Tea room with attractive servery and offering space for 12 covers with access to the kitchen.
Fitted kitchen with useful service point and direct access the customer courtyard.
Accessible bedroom at ground floor with dual aspect and large en suite shower room - previously part of the tea rooms but now a popular and versatile letting bedroom.
The first floor provides for a further 3 en suite letting bedrooms, customer WC and laundry room.
Second floor provides for comfortable living accommodation to include a large lounge with wood burner, kitchen, two double bedrooms and a family bathroom.
The Business: The current owner's bought the business in 2018 at which time the ground floor provided a larger tea room space, of which they have created the new accessible letting bedroom.
Run by a husband and wife team with one full time employee, there is flexibility to expand the food offering to include non resident breakfast trade and evening meals if required or reduce the letting rooms for additional family accommodation.
Opening times are restricted by the owner's choice with the tea room hours 11am to 3.30pm, 9 months of the year with capacity to open longer and contribute c57% to the overall revenue.
The bed and breakfast element is popular, with current owners choosing time away as suits. Overall revenue to March 2025 excess £155k with strong returns.
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 Bridge House, The Bridge, Boscastle, Cornwall, PL35
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