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 · TR12 6TS
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coverack, Brand New Detached Three Bed Home This attractive brand new detached home features a charming stone fronted exterior and offers well planned accommodation ideal for modern living.
Enjoying a pleasant position within the development, the property benefits from views stretching down towards the sea.
The ground floor is entered via a welcoming entrance porch leading into a central hallway.
From here, there is a comfortable lounge along with a spacious kitchen and dining room designed to suit both everyday living and entertaining.
A separate utility room provides additional practicality, while a cloakroom completes the ground floor layout. Upstairs, there are three well proportioned bedrooms.
The principal bedroom benefits from its own en-suite, while the remaining bedrooms are served by a stylish family bathroom.
Outside, the property enjoys a neatly lawned garden offering a good degree of privacy, creating an ideal space to relax or entertain.
To the front, there is driveway parking providing convenient off road parking.
Combining attractive design with modern comfort, this is a superb opportunity to acquire a brand new home in a desirable coastal setting with glimpses of the sea.
Location – Coverack is a stunning location, nestled in a sheltered cove on the Eastern side of the Lizard Peninsula, there is a crescent shaped beach offering access to crystal clear waters perfect for swimming, kayaking and paddle boarding.
The heart of the village is the traditional fishing harbour constructed in 1724 from local serpentine and still home to working fishing boats bringing in the catch on a daily basis.
The old Lifeboat House now offers fish and chips that can be enjoyed on the harbour and The Paris Hotel offers a great range of food and drinks, there are also a variety of small café’s, restaurants and shops as well as a Primary School.
It's Cornish living at its absolute best.
Accommodation Entrance Hall Inner Hallway Cloakroom Kitchen/Dining Room - 9.55m x 4.39m Sitting Room - 5.54m x 4.39m Utility Room - 2.49 x 2.49m First Floor Landing Bedroom One with En-Suite - 5.55m x 4.42m Bedroom Two - 4.34m x 3.87m Bedroom Three - 2.98m x 3.18m Bathroom Parking – On the drive.
Outside – Lawned garden offering a good degree of privacy. Services – Mains water and electricity. Private drainage that connects to the mains. Air Source Heating.
Service Charges – We have been advised that there is an annual service charge for each of the properties within the development payable to the management company.
This is currently estimates at £300 per annum to cover estate roads, drainage any landscaping etc.
Reservation Fee - On acceptance of an offer, the purchaser will be required to pay a part refundable £500 reservation fee.
Once this has paid and received by our clients, the property will be marked as 'sale agreed' and no further viewings will take place.
The timescales for exchange of contracts will be 30 days from issue of contract. New Build Guarantee – Being sold with a buildzone guarantee.
Council Tax Band – Band F What3Words – ///regulates.photos.flock Anti Money Laundering Regulations – Purchasers- It is a legal requirement that we receive verified id from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof of Finances- Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale. Broadband & Mobile Phone Coverage- To check the broadband coverage for this property please visit .
To check mobile phone coverage please visit
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
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FAQ
About 3 Park Halligey, Coverack, Cornwall
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