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 bungalow · TR7 2TE
Sold STCListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SPACIOUS CHAIN FREE THREE BEDROOM DETACHED HOME WITH LARGE GARAGE AND CONSERVATORY IN ONE OF NEWQUAY'S MOST DESIRABLE RESIDENTIAL LOCATIONS. EARLY VIEWING HIGHLY RECOMMENDED.
The Property - The property is approached via the front entrance which opens into a welcoming hallway, providing access to the principal ground floor accommodation and stairs rising to the first floor.
At the heart of the house is an exceptionally generous living and dining room measuring approximately 23'4" x 20'10".
This is a superbly proportioned room with plenty of space for comfortable seating, dining furniture and everyday family life.
The room provides an excellent sense of space and has direct access to the conservatory, creating a useful extension to the main living accommodation.
The conservatory is a particularly good size, measuring approximately 19'1" x 9'1".
With views towards the outside space and plenty of natural light, this is a versatile room which could be used throughout the year as an additional sitting room, dining area, home office or simply somewhere to enjoy the garden.
The kitchen is positioned to the front of the property and provides a practical range of fitted units, work surfaces and appliance space.
A separate utility room is located alongside the garage and provides useful additional working and storage space. There is also a separate WC.
three bedrooms, with the principal bedroom measuring approximately 14'8" x 8'7". The second bedroom measures approximately 11'8" x 8'11", while the third bedroom measures approximately 8'7" x 8'6".
The bedrooms provide good flexibility for family living, visiting guests or those requiring dedicated home working space.
The first floor is served by a bathroom together with a separate shower room, providing useful facilities for a busy household.
Externally - The property benefits from outside space surrounding the house, providing an opportunity to create a private garden suited to individual requirements.
The combination of the detached house, garage and outside space gives the property a particularly good balance for those looking for a permanent home rather than an apartment or more compact coastal property.
The Garage A particularly attractive feature of the property is the large integral garage which measures approximately 21'4" x 8'6".
This is considerably larger than many modern garages and provides excellent space for a vehicle together with storage, bicycles, surfboards, tools and other equipment.
It could also appeal to those looking for workshop or hobby space. The Location - Trerice Drive is one of the most established and desirable residential roads within the Tretherras area of Newquay.
The road is predominantly made up of detached properties and has consistently proved popular with families, professionals and those looking for a quieter residential setting without being too far from the town centre.
The property is conveniently positioned for local shops and everyday amenities, while Newquay town centre is approximately a mile away.
Trenance Gardens, the Boating Lake, Newquay Zoo and the leisure facilities around Trenance are also close by, providing plenty of opportunities for walking, recreation and family days out.
Newquay's famous beaches and coastline are within easy reach, while the area's well regarded schools add to the appeal for families.
Trerice Drive also benefits from local bus connections, making access into the town straightforward without always needing to use the car.
For those who know Newquay, the appeal of this part of town is easy to understand.
It is close enough to enjoy the beaches, shops, restaurants and leisure facilities, whilst remaining within a settled residential neighbourhood away from the busiest parts of the town.
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

FAQ
About Trerice Drive, Newquay
Explore nearby