Modern Method of Auction
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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 flat · TR9 6QW
For saleReduced £10k (−7.7%) on 23 SepListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-proportioned three-bedroom flat offers an excellent opportunity for first-time buyers or buy-to-let investors, providing a fantastic blank canvas for a purchaser to make their own.
The property is arranged over multiple levels. On the entrance level, there is a hallway with stairs rising to the upper accommodation.
The first floor comprises a bright and spacious living room, offering a comfortable main reception space, along with a separate kitchen.
Also on this level is a family bathroom and a further bedroom, which could alternatively be used as a home office or guest room.
The second floor hosts two additional bedrooms, including a particularly generous principal bedroom, alongside a further well-sized bedroom, creating a practical and balanced layout.
Externally, the property benefits from allocated parking, adding convenience for residents.
Offering great potential and flexibility, this is an ideal purchase for those looking to step onto the property ladder or expand an investment portfolio.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Set within the welcoming village of Indian Queens, Jasmine Mews enjoys a convenient and well connected position in Mid-Cornwall.
The area offers a friendly community atmosphere with everyday essentials close at hand, including a village shop, post office, cafés and takeaways, with larger supermarkets available in nearby St Columb Road and Newquay.
Families are well served by Indian Queens Primary School, a popular and well regarded choice within easy reach, while secondary schooling is accessible in Newquay, St Austell and Wadebridge.
The location is ideal for commuters and those who enjoy exploring Cornwall, with excellent access to the A30 just moments away, providing quick routes to Truro, Bodmin, Newquay and beyond.
Regular bus services link the village to surrounding towns, and Newquay Airport is only a short drive away for wider travel.
Beautiful beaches, countryside walks and attractions such as Newquay’s coastline, Watergate Bay and Goss Moor Nature Reserve are all within easy reach, making Halloon Avenue a superb base for both everyday living and leisure.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About Flat 2, Jasmine Mews,, St. Francis Road, St. Columb
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