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 work2-bedroom terraced house · PL33 9AS
Listing removedListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A pretty 2 bedroom slate built character cottage which has been reroofed offering great potential to modernise and improve to your own specification. No onward chain. Freehold. Council Tax Band A.
EPC rating E.
Enjoying a private position set back from the road, 59 Pengelly is a pretty stone built character cottage requiring a program of modernisation and improvement however offering tremendous potential.
Featuring a 5.1m open plan living room with feature woodburner, there are 2 bedrooms at first floor and shower room.
With character features such as slate floors, beams and cottage style doors, the property also has a lawned garden offset at the front together with a useful stone built storage shed alongside.
Offered for sale with no onward chain and immediate vacant possession, 59 Pengelly offers great potential for those purchasers seeking a home to modernise and improve to their own taste and specification.
Accommodation with all measurements being approximate: Timber Stable Door opening to Open Plan Living Room - 5.1m x 3.7m 2 windows to front.
Feature floor to ceiling stone built fireplace housing multifuel on slate hearth. Slate flag floor. Beamed ceiling. Revealed stonework to one wall.
Kitchen area at one end with space and power for electric cooker together with base cupboards with worktops above and wall cupboard over. Stairs to first floor.
First Floor Landing Bedroom 1 - 2.9m x 2.4m Window to front. Bedroom 2 - 2.9m x 2m (narrowing to 1.3m) Window to front. Shower Room Shower cubicle, wash hand basin, and low flush W.C..
Small window to rear. Outside At the front is an offset lawned garden with mature hedge boundary at one side.
Accessed via a shared courtyard alongside is the Stone Built Store - 2.1m x 1.8m Providing useful storage. Agents Note Please note the garden immediately in front of No.
59 is owned by the cottage next door. Services Mains electricity, water and drainage are connected to the property. For further information please contact our Camelford office.
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 59, Pengelly, Delabole PL33
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