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 · TR18 5PZ
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A nicely presented semi detached house with accommodation arranged over three floors and situated within the fishing village of Newlyn and with a level walking distance of all its amenities and the promenade to Penzance.
The accommodation comprises of open plan living room/dining, kitchen and utility on the ground floor with door from the utility leading to sunny courtyard.
There are two double bedrooms and shower room on the first floor. Stairs rising to the third bedroom which is on the second floor.
The house has spacious accommodation and would be ideally suited for those looking for investment or a family home.
Property additional info Wooden doorway into: Porch: Slate floor, half glazed front door into: Lounge: 18' 0" x 10' 6" (5.49m x 3.20m) UPVC double glazed sash windows to front, wall mounted radiator, consumer unit, shelved alcove.
Steps descending into: Kitchen/diner: 16' 3" x 13' 0" (4.95m x 3.96m) Breakfast bar with slate top, stairs rising with space under for fridge/freezer, base and wall mounted units with tiling and worktops over, plumbing for washing machine, integrated electric oven with hob over, cupboard housing combination boiler, radiator, window to side overlooking: Utility area: Sash window and stable style door leading to courtyard, double glazed door to rear access lane.
Landing: Built in shelved storage cupboard doors to: Bedroom one: 11' 5" x 16' 8" (3.48m x 5.08m) Double glazed sash window to rear, built in storage cupboard, radiator, recess for drawers/wardrobe.
Bedroom two: 11' 8" x 8' 11" (3.56m x 2.72m) Radiator, double glazed sash window to front, recess for wardrobe/chest of drawers.
Shower room: Wash hand basin, WC, shower cubicle with built in power shower, window to side, radiator.
Stairs from first floor landing into: Second floor: Storage cupboard, door to: Bedroom three: 15' 8" x 8' 8" (4.78m x 2.64m) Vaulted ceiling with Velux window to rear, window to side with views across Newlyn, radiator.
Outside: To the side of the property there is a courtyard and further storage area. Services: Mains water, electricity, gas and drainage.
Agents notes: There is a flying freehold above bedroom one with the adjoining property. We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for O2 which was good. The property is built of block under a tiled roof. Mobile signal/coverage: Good. Construction materials used: Brick and block.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas).
Broadband internet type: FTTP (fibre to the premises). Parking Availability: No.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
.png)
FAQ
About 12 New Road, Newlyn, Newlyn Penzance
Explore nearby