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 · PL17 8JW
Sold STCListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive 3-Bedroom Holiday Lodge in Sought-After Honicombe Holiday Park.
Nestled within the highly desirable Honicombe Holiday Park, this very well presented three bedroom, two bathroom holiday lodge offers the perfect blend of comfort, style, and leisure.
The spacious open-plan lounge and dining area on the first floor, is ideal for relaxing or entertaining and opens out onto a private balcony, perfect for enjoying peaceful surroundings and countryside views.
Residents and guests benefit from a fantastic range of on-site leisure facilities, including a fully equipped gym, indoor and outdoor swimming pools, and beautifully maintained communal grounds.
The furniture is available by separate negotiation. Whether you're seeking a lucrative investment opportunity or a tranquil personal retreat, this well-appointed lodge is a fantastic choice.
Early viewing is highly recommended.
Entrance Hall - Bedroom 1 - 3.51m x 2.42m (11'6" x 7'11") - Ensuite Shower Room - 2.21m x 1.60m (7'3" x 5'2") - Bedroom 2 - 3.50m x 2.41m (11'5" x 7'10") - Bedroom 3 - 2.89m x 2.09m (9'5" x 6'10") - Bathroom - 1.60m x 1.61m (5'2" x 5'3") - First Floor - Kitchen - 3.84m x 2.08m (12'7" x 6'9") - Lounge/Diner - 5.57m x 3.86m (18'3" x 12'7") - Balcony - Services - Mains electricity.
Private water and Private Drainage Tenure - Leasehold - 999 years granted in 1988. Ground Rent of £432.23 and Service/Maintenance Charge of £1662.57 payable annually. Holiday use only.
Situation - Honicombe is based in the beautiful Tamar Valley AONB which stretches from Bodmin to Dartmoor and from the beaches of East Cornwall to the pretty towns of West Devon.
There is plenty to see and do for the whole family. Everyone from the thrill seekers, beach babies and wildlife lovers will find something to suit them right on our doorstep.
Local Authority - Cornwall 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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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.
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FAQ
About Honicombe Park, Callington
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