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 flat · TR27 6HN
No longer listedReduced £10k (−4.8%) on 3 JulListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a well presented two bedroom first floor apartment in the heart of the village of St. Erth. The property enjoys high ceilings and countryside views. No Onward Chain. A viewing is essential.
Obscure Double Glazed Door With Side Panel Into... Entrance Vestibule Tile effect flooring, staircase rising to...
First Floor Landing Fitted carpet, electric radiator, double glazed window to the side, opening into...
Kitchen Selection of base and wall units, ceramic inset sink with mixer tap and granite effect panelled splashback, freestanding cooker and washing machine, space for fridge/freezer, double glazed window to the front, wood effect flooring.
Doors Leading To... Lounge/Diner Double glazed bay window with countryside views and further double glazed windows to the front and side with countryside views.
Period fireplace with a tiled inlay and mantel over, night storage heater, fitted carpet. Bedroom One Fitted carpet, two double glazed windows to the front, feature period fireplace, electric heater.
Bedroom Two Double glazed window to the rear with countryside views, fitted carpet, electric heater, access to the loft.
Shower Room Wood effect flooring, double glazed window to the rear with countryside views, ladder style heated towel rail, low level WC, double shower cubicle with glass screen, panelled surround and electric shower over, vanity wash hand basin with cupboard below, built in cupboard housing the immersion cylinder.
Directions Whatthreewords:///whips.pill.stag Material Information Tenure - Leasehold - The term of the lease is 999 years and there are 995 years remaining.
Ground Rent: Peppercorn ground rent of £1 per year. The flat owner only pays contents insurance. The building insurance and responsibility belongs to the Village Stores.
Council Tax - B Local Authority - Cornwall Council. Services - Mains electricity, water and drainage. Heating - Electric heating. Mining - Metalliferous Mine Search Required.
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
About 1A, School Lane, Hayle
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