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 flat · PL10 1JF
Listing removedListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elevate your lifestyle in this stunning penthouse studio, where every window frames a masterpiece of coastline and sea.
This enviable coastal lifestyle boasts private beach and a communal swimming pool, tennis courts and harbour. All set within lush, manicured grounds.
EPC E Steeped in history and situated in the ‘Forgotten Corner of Cornwall, ’ this stunning Napoleonic fort conversion offers a rare blend of prestigious heritage and high-end coastal living.
Approached via a winding private road, the property is nestled within beautifully manicured communal gardens and boasts an array of exclusive residents' facilities, including a heated swimming pool, private beach, tennis courts, and a library.
Practicality meets luxury with a private harbour, slipway, and secure underground parking, alongside guest parking equipped with EV charging points.
The interior features a bright, open-plan living space designed for modern coastal life, perfectly positioned to maximise breathtaking panoramic views stretching across the Plymouth Breakwater to the Mewstone and Staddon Heights.
These vistas are best enjoyed from the private glass-balustrade balcony accesed via beautiful bi-fold doors and through the full-height picture windows in the sitting area.
At the heart of the home is a contemporary kitchen, beautifully finished with warm wooden worktops, an inset hob with an electric oven, and a sleek one-and-a-half bowl sink.
Complemented by a stylish shower room featuring a spacious walk-in shower and a crisp white suite, the property offers a sophisticated finish throughout.
The layout is completed by an ingenious occasional room, currently utilised as a double bedroom, where you can wake up to the sea from your pillow
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 16, Fort Picklecombe, Cornwall
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