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 work1-bedroom house · PL29 3RL
For saleReduced £40k (−14.3%) on 20 JunListed 818 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Located moments from the harbour and popular eateries in the historic fishing village of Port Isaac, The Shrimp is a delightful, white-washed fisherman’s cottage, accessed just off Fore Street.
The property offers a one-bedroom bolthole with an en-suite shower room and an open-plan living/kitchen/dining room.
Benefitting from traditional features throughout such as the flagstone slate flooring and exposed wooden beams, The Shrimp offers scope for refurbishment or renovation with fantastic potential to create a popular holiday let.
Accommodation ground floor: Open plan living/kitchen/dining room | Ladder leading up to: First floor: Double bedroom with sink | Shower room Services Mains water, electricity, and drainage.
Electric heating.
Location Port Isaac is a popular holiday destination and residential village on the rugged North Cornwall coast, famed for its historic fishing harbour, quaint winding streets and scenic coastal walks.
Loved by millions as Portwenn in itv’s Doc Martin and the birthplace of The Fisherman’s Friends, Port Isaac has several good places to eat and drink, all within walking distance of the property.
These include two of Nathan Outlaws eateries, The Port Gaverne Hotel & Pilchards, and The Golden Lion.
Most everyday shopping requirements can be met in Port Isaac at the Co-Op but the market town of Wadebridge, with an inspiring collection of independent shops, is about 8 miles away.
The Port Isaac primary school and surgery is located just up the road from the Co-Op. What3words ///dusters.hamster.pupils Water source: Direct mains water. Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
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
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FAQ
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