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 · TR20 8JB
Listing removedReduced £20k (−6.8%) on 3 JulListed 463 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious family home, situated in Longrock, a popular village perfectly positioned on the fringe of Penzance.
Within close proximity to the supermarkets, the cycle path and the beautiful sandy beach that stretches across to Marazion and the famous St Michael's Mount.
This charming home is thoughtfully arranged over four floors, providing ample space for comfortable family living.
On the lower ground floor, you'll find the heart of the home: A practical kitchen, a convenient utility room, a family bathroom, and a sunroom.
Ascend to the ground floor, where a welcoming lounge and an additional sitting room offer generous spaces. The first floor hosts two comfortable bedrooms and a well-appointed shower room.
From here, a staircase leads to a useful attic space. Externally, the property benefits from a small, manageable yard at the rear and a token fore garden to the front.
A dedicated garage provides valuable off-road parking or additional storage. This family home in Longrock offers a wonderful opportunity to embrace village life with urban amenities within easy reach.
Its unique multi-level layout provides flexibility and character, ready for its next owners to make it their own. This is a freehold home. Mains gas, electric, water and drainage are connected.
Heated via Gas Central Heating. The council tax is a band B.
Ofcom suggests that Ultrafast Broadband is available and that mobile coverage is good on most networks Elevations & View Lounge (3.11 x 3.29 (10'2" x 10'9")) Sitting Room (3.29 x .68 (10'9" x .223'1")) Kitchen (3.83 x 3.66 (12'6" x 12'0")) Dining Room/Sun Room (4.00 x 3.11 (13'1" x 10'2")) Utility Room (1.88 x 2.49 (6'2" x 8'2")) Bathroom (2.04 x 2.81 (6'8" x 9'2")) Landing & Stairs Bedroom 1 (2.62 x 3.66 (8'7" x 12'0")) Bedroom 2 (2.62 x 3.66 (8'7" x 12'0")) Shower Room (1.47 x 2.31 (4'9" x 7'6")) Attic Space (4.40 x 5.32 (14'5" x 17'5")) Garden & Garage (4.85m x 2.79m (15'11 x 9'2))
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 2, Gladstone Terrace, Longrock
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