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 flat · TR13 9JR
Listing removedListed 488 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Apartment In The Village Of Porthleven Nestled in the charming area of Methleigh Bottom, Porthleven, this stunning ground floor apartment presents an exceptional opportunity for both homebuyers and investors alike.
Boasting two well-appointed bedrooms and two modern bathrooms, this flat is designed for comfort and convenience.
The open plan living space is a highlight of the property, featuring patio doors that seamlessly connect the indoors to a delightful paved sun terrace.
This outdoor area is perfect for enjoying the fresh air and soaking up the sun, making it an ideal spot for relaxation or entertaining guests.
Situated just a stone's throw from the picturesque harbourside and local amenities, this apartment offers the best of coastal living.
The vibrant community of Porthleven is known for its stunning scenery, delightful eateries, and a welcoming atmosphere, ensuring that you will always have something to enjoy nearby.
Currently set up as a holiday let, this property presents a fantastic investment opportunity, allowing you to benefit from the thriving tourism in the area.
Additionally, parking is conveniently located at the rear of the property, adding to the overall appeal.
In summary, this two-bedroom apartment in Methleigh Bottoms is a rare find, combining modern living with a prime location.
Whether you are looking for a new home or a lucrative investment, this property is sure to impress. Don't miss the chance to make it yours.
Guide Price £315,000 - Location - Porthleven is a vibrant village offering an array of quality restaurants and cafes as well as day to day facilities to include a supermarket, primary school and doctors surgery.
With a gorgeous traditional working harbour and beach. If you're looking to go further afield, the city of Truro and the towns of Falmouth, Penzance and Hayle are all within a 20 to 30 minute drive.
Accommodation - Communal Front Door Front Door Into The Apartment Reception Hall Bedroom - 10'04 x 10'03 Master Bedroom - 15'07 x 10'03 En Suite - 7'03 x 6'04 Shower Room - 7'03 x 4'08 Open Plan Lounge Kitchen Dining Room - 21'07 x 15'01 Parking - There is residents parking to the rear of the property though spaces are not allocated and a parking pass must be shown at all times.
Outside - Leading from the open plan lounge kitchen dining room are patio doors opening onto the paved sun terrace which creates the ideal place to sit and relax and watch the world go by.
From the sun terrace you look towards the park to the left and towards the harbour to the right. Services - Mains Electric, Water and Drainage Agents Note - The property is run as a holiday let.
Please ensure that you have your viewing confirmed before travelling to the area to make sure access can be gained Service Charges - The service charge payable under the terms of the lease is £1,102.00 for the year.
The ground rent was £125.00 for the year.
Lease Information - The lease is set over a 200 year term that commenced on 1st July 2008 Council Tax Band- B - What3words - ///rave.adjusting.unveils Anti Money Laundering Regulations – Purchasers - It is a legal requirement that we receive verified id from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
FAQ
About Apartment 1, Monterey, Methleigh Bottoms, Helston
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