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 bungalow · PL29 3RR
For saleReduced £20k (−6.8%) on 17 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a superb position just moments from the picturesque harbours of Port Isaac and Port Gaverne, Evelyn is a beautifully maintained two-bedroom terraced bungalow offering an exceptional opportunity to embrace the North Cornwall lifestyle.
Whether you're searching for a permanent residence, a lock-up-and-leave coastal retreat, or an established holiday let, this delightful home is ready to be enjoyed from day one.
Freshly redecorated throughout, the accommodation has been thoughtfully presented and extends to approximately 409 sq. Ft.
Inside, you'll find two well-proportioned double bedrooms, a stylish family bathroom, and a bright open-plan kitchen, dining, and living space that creates a welcoming environment for relaxing and entertaining alike.
Stepping outside, the property boasts private off-road parking for two vehicles and a generous enclosed rear garden.
Predominantly laid to lawn and complemented by an elevated decking area, the outdoor space is ideal for summer barbecues, morning coffee, or simply soaking up the peaceful surroundings.
Evelyn has proven to be a successful holiday let and is offered for sale with all existing forward bookings, making it an excellent turnkey investment for buyers wishing to generate immediate income.
In addition, the furniture and contents are available by separate negotiation, allowing the property to continue operating with minimal interruption.
Further potential is offered through lapsed planning permission (Ref: PA22/00405) for a small rear extension, providing scope to enhance the accommodation in the future, subject to the necessary planning approvals.
Located within easy walking distance of the charming harbour, independent shops, cafés, acclaimed restaurants, and the beautiful cove at Port Gaverne, Evelyn combines an enviable coastal location with comfortable, low-maintenance living in one of Cornwall's most desirable seaside villages.
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
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FAQ
About Evelyn, 2, Lundy Road, Cornwall
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