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 terraced house · PL10 1DH
Listing removedListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Positioned on the ever-popular Molesworth Terrace and just seconds from Millbrook Lake, this attractive three-bedroom home offers characterful accommodation arranged over two floors.
The property combines period charm with practical living, complemented by solar panels and a delightful enclosed rear garden.
Ground Floor The property is approached via a raised entrance opening into a welcoming hallway, with stairs rising to the first floor and a useful ground floor WC.
To the front, the living room is a warm and inviting space featuring a bay window, pleasant outlook and a fireplace which can be used as a working fireplace.
To the rear, a separate dining room provides ample space for family meals and entertaining, with a door leading through to the kitchen.
The kitchen is fitted with a range of units and work surfaces, offering space for appliances, enjoying good natural light and providing direct access out to the rear garden.
Storage heaters serve the ground floor.
First Floor Upstairs, the landing is also served by a storage heater and leads to three bedrooms comprising two generous doubles and a third single room, ideal as a child's bedroom, home office or hobby room.
The bedrooms are heated by electric panel heaters.
The family bathroom is well proportioned and fitted with a white suite including bath, separate shower, wash basin and WC, alongside a good-sized airing cupboard housing the water tank, heated by Economy 7.
Outside To the rear is an enclosed garden arranged over gentle levels, featuring patio seating areas, mature planting and established borders, creating a private and peaceful outdoor space ideal for relaxing or entertaining.
Situation Molesworth Terrace is superbly located in the heart of Millbrook, just moments from Millbrook Lake and its scenic waterfront walks.
The village offers a range of local amenities including shops, cafés and a primary school, with excellent access to the South West Coast Path, Cremyll ferry to Plymouth and surrounding Cornish countryside.
Council Tax Band: B Tenure: Freehold
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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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 28 Molesworth Terrace, Torpoint
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