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 house · PL31 2FT
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A section 106 affordable local connection only two bedroom terraced modern house sold at 70% of its full market value.
This home is situated on A popular residential development in bodmin with enclosed rear garden and an allocated parking space.
This two-bedroom home is well presented throughout and benefits from double glazed windows and doors, gas central heating, a good sized enclosed rear garden and an allocated parking space.
The accommodation comprises, hall, lounge, kitchen, ground floor WC, two bedrooms and a bathroom. There is an annual management fee of approximately £200 per annum (2025/26).
This property is an affordable home and subject to a section 106 agreement which means it is sold at 70% of its full market value to applicants who have an area local connection to Bodmin Town.
The property has restrictions on purchase therefore it is important you check the criteria below to confirm your eligibility. Please see below.
You will need to have the following • 12 months + current residency in Bodmin Or • permanent employment 16 hours + per week Or • previous residency of 5 years + Or • Close family connection where that family member has lived for 5 + years (Mum/Dad/Son/Daughter/Brother/Sister) In addition the applicant will need to: • Be in Housing Need – i.e.
Living with family/renting and otherwise unable to afford a home on the open market • Have a maximum household income of £80,000 • Have a minimum 10% deposit (or 5% with relevant aip) • Have a recent aip from a s.106 lender (Nationwide/Halifax/Leeds/Santander/TSB/Skipton being the main ones we are aware of) Please telephone or email our office and we will be able to assist in explaining the above.
Tradewinds Close is situated within the modern and popular Borough View development comprising of a variety of house types and designs located on the western edge of the town.
Within half a mile is the Camel Trail.
Bodmin has all the traditional elements of a market town, and caters well for daily needs, together with several supermarkets, an independent Cinema, leisure centre, several Junior schools, a Secondary/6th Form School and a College.
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 14, Tradewinds Close, Cornwall
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