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 house · PL27 7NJ
Listing removedListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Wadebridge, this well-presented three-bedroom terraced cottage offers bright, spacious accommodation throughout and is perfectly suited to first-time buyers, young families, or those looking to enjoy all that this popular Cornish town has to offer.
Stepping inside, you are welcomed by a practical entrance area, providing the perfect space for hanging coats and storing shoes before flowing seamlessly into the bright and inviting living room.
Large windows flood the space with natural light, while a charming log burner creates a cosy focal point, making it the perfect place to relax throughout the year.
To the rear of the property is a spacious kitchen/dining room, ideal for both everyday family life and entertaining.
The modern kitchen offers ample cupboard storage along with space for a cooker, washing machine and fridge freezer.
A single door opens directly onto a generous patio, creating a wonderful extension of the living space.
This private suntrap is perfect for outdoor seating, al fresco dining, or simply enjoying the warmer months.
Upstairs, the property offers a versatile layout comprising two generous double bedrooms and a further bedroom which would make an ideal nursery, home office or study.
All bedrooms benefit from built in wardrobe space, providing excellent additional storage. The family bathroom is fitted with a bath featuring a shower over, wash hand basin and a heated towel rail.
A large storage cupboard on the landing provides further practical storage space. This property also benefits from a lockable, outdoor storage space.
Located just a short stroll from Wadebridge town centre, the property enjoys easy access to a fantastic selection of independent shops, cafés, restaurants, schools and everyday amenities.
With the renowned Camel Trail on your doorstep and the stunning North Cornish coastline just a short drive away, this is an excellent opportunity to enjoy both town and coastal living.
This fantastic home is an ideal purchase for first-time buyers, young families, or investors looking for a property in one of North Cornwall's most sought-after locations.
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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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
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FAQ
About 2, Chapel Lane, Cornwall
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