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 work1-bedroom flat · TR14 8LY
Listing removedListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one double bedroom first floor retirement apartment with communal gardens and secure parking offered to the market with no chain. The purchase is restricted to over 55's.
Entrance Hall Economy 7 night store heater, smoke detector, emergency intercom, fitted airing cupboard housing lagged hot water tank with cold over tank and fitted electric immersion heater.
Further storage cupboard housing electricity meter. Emergency pull cord, main door entry security system.
Lounge/Diner (5.36m x 3.43m (17' 7" x 11' 3")) Economy 7 night store heater, telephone point, Juliet balcony. Glazed doors to ...
Kitchen (2.7m x 1.75m (8' 10" x 5' 9")) Fitted with stainless steel single drainer sink unit, range of base and eye level cupboards, under cupboard lighting, ample work surfaces, space for fridge and freezer, fitted four-ring ceramic hob and built-in electric oven, extractor fan, wall mounted electric heater, double glazed window.
Bedroom (3.78m x 2.7m (12' 5" x 8' 10")) Double glazed window, wall mounted Economy 7 night store heater, built-in wardrobe with folding mirrored doors, hanging rail and shelves.
Shower Room Fitted with low level WC, vanity hand basin with cupboard under, fully tiled shower cubicle, extractor fan, wall mounted electric Dimplex heater, heated towel rail.
Outside There are beautifully landscaped and well maintained communal gardens, and a parking area for use of the residents, secured by an electric gated drive.
Material Information Tenure: Leasehold: 105 years remaining Service Charge: £3332.28 per annum (at [present) Freeholder: First Port Estate & Management Ltd collect groiund rent Ground Rent: £425 per annum (at present) Council Tax: Band A with Cornwall County Council Mains: Electricity, water and drainage Heating: Electric Parking: Secure communal Mining: Metalliferous mine search required Restrictions: Over 55's only
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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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 Apartment 12, Carn Brea Court,, Trevithick Road, Cornwall
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