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 work4-bedroom house · TR27 6EX
Listing removedListed 579 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully positioned family home with panoramic coastal views and A successful two-bedroom holiday let.
The Property Steppy Downs House is a beautifully positioned detached family home, set in an elevated location with breathtaking views stretching across both coasts, from Mounts Bay to the Lelant Estuary.
Thoughtfully presented to a high standard, the property offers spacious and light-filled accommodation, well-proportioned bedrooms, and elegantly appointed bathrooms.
A welcoming entrance porch leads into the inner hallway, where original, period tiling adds character.
To the left, a generously sized reception room offers flexibility as a ground-floor bedroom, study, second sitting room, or children’s playroom.
The primary reception room sits at the heart of the home, centered around an highly efficient log burner set within a Cornish granite mantel fireplace.
- This reception rooms leads through into the spacious sunroom which is currently set out as a second living room, this room benefits from a substantial, modern log burner that not only adds character but is highly efficient at heating the space, creating a warm and inviting atmosphere year-round.
It also enjoys direct access to a raised decking area—perfect for relaxing while taking in the spectacular rural and coastal views.
Steps lead from the sunroom into the well-equipped kitchen/breakfast room, fitted with an extensive range of base and wall-mounted units complemented by generous work surfaces and tiled splash backs.
Integrated appliances include an oven and four-ring hob.
Beyond the kitchen, a rear hallway provides access to a spacious ground-floor shower room and a separate utility room, complete with additional storage units and space for both a washing machine and tumble dryer.
A rear door leads out from the utility room to the garden and parking area. - On the first floor, there are four well-proportioned bedrooms, including a principal suite with its own en-suite bathroom.
A family bathroom, complete with both a bath and a separate shower cubicle, serves the remaining bedrooms. An airing cupboard provides additional storage.
The panoramic views are even more striking from this level, enhanced by large, double-glazed windows that flood the rooms with natural light.
The Studio The property includes a separate two-bedroom annexe with its own dedicated parking and a private, fenced garden with a patio.
The annexe features a welcoming entrance hall, two well-proportioned double bedrooms, a shower room, and a bright, airy kitchen/dining room.
Currently operated as a successful and lucrative holiday let, this space benefits from glazed doors leading from the dining area onto a patio, which extends down to the enclosed garden.
The Outside Steppy Down House occupies a generous plot, offering a wonderful sense of space and privacy.
The generous gardens feature well-maintained lawns, mature trees and specimen shrubs creating a peaceful and attractive setting.
Ample parking is available, accommodating multiple vehicles with ease, while a selection of patio and decking areas provides ideal spaces for outdoor dining, entertaining, or simply relaxing and enjoying the surroundings.
The Location Steppy Downs House and Studio is set in on the outskirts of the charming village of St. Erth, close to Hayle and the stunning beaches of Gwithian and Hayle Towans.
The village offers a peaceful setting with a historic church, traditional inn, and scenic river walks. St.
Erth has excellent transport links, with a mainline railway station offering direct services to London Paddington and Exeter.
The A30 provides easy road access across Cornwall, and Newquay Airport is around 45 minutes away.
Nearby Hayle offers supermarkets, independent shops, and cafés, with further amenities in Penzance and Truro. Families have access to St.
Erth Primary School, with additional options in Hayle and Penzance. Combining rural charm, excellent connectivity, and nearby coastal attractions, St. Erth offers an ideal lifestyle balance.
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.
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FAQ
About Steppy Downs House and Studio, 13, St. Erth Hill, Hayle
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