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 · PL26 6JF
Listing removedListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built circa 1500's, Rice Cottage is a three-bedroom, detached cottage situated within a highly popular coastal village location, requiring refurbishment throughout and available with no onward chain.
The internal accommodation comprises entrance hallway, kitchen and large lounge/diner with log burner and rear garden access.
The first floor provides landing, master double bedroom with built-in wardrobe and en-suite shower room, second double bedroom with built-in wardrobe, single bedroom with built-in storage and family bathroom.
Externally, the front offers a small garden laid to lawn with courtyard. There is access to the rear via the left-hand side of the property.
The rear offers a mature, tiered garden laid to patio and lawn, along with a variety of plants, bushes and shrubs.
The property is complimented with electric heating, uPVC double glazing and on mains water, electricity, and drainage. Council Tax Band - C. EPC - being updated.
Agents note - we advised by the current owner that you can get a permit for the nearby parking for approximately £160 - £200 per annum.
Gorran Haven is a peaceful Cornish fishing village with two lovely sandy beaches just a 5 minute walk from the property, spectacular coastline and gorgeous coastal path walks.
Facilities within the village include a hairdressers, shop/post office, seasonal beach cafe, fish & chip shop, pizza restaurant and the Llawnroc Hotel with bar and restaurant.
The local primary and secondary schools are well regarded.
Lounge/Diner (7.29m x 4.18m) Kitchen (3.71m x 2.58m) Bedroom 1 (4.02m x 3.15m) En-Suite (2.02m x 0.91m) Bedroom 2 (4.2m x 2.52m) Bedroom 3 (2.85m x 2.68m) Bathroom (2.31m x 1.67m)
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
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FAQ
About Rice Cottage,, Rice Lane, St. Austell
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