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 · TR2 4HH
Listing removedListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parkengear Retreat is an individual, detached property, situated in a tucked away location on a no through road, on the edge of Probus, yet within walking distance of the centre of the village.
Enjoying a wonderful outlook and setting, with Trewithen estate and countryside walks on your doorstep and well situated to combine city living and beach life as it nestles between the outskirts of Truro and The Roseland Peninsula Although an energy efficient, new build, it is the perfect blend of modern and traditional, built with quality materials, fixtures and fittings.
It boasts Air source heating & water, solar panels & battery storage, full fibre broadband, 2 double bedrooms, beautiful open plan living space, stylish kitchen & shower room.
A very rare and unusual opportunity within the popular village of Probus and not to be missed!
* * * vacant, no onward chain * * * property: The property has been completed to a very high standard, it is a traditional build, with natural slate roof, external elevations are a smooth painted render, defined by locally quarried rustic stone quoins.
A composite front door together with UPVC external doors and windows and UPVC rainwater goods.
In brief the accommodation comprises of a beautiful and welcoming entrance hallway that sets the tone for the rest of the house with oak doors, staircase, and quality contemporary flooring.
The ground floor features underfloor heating throughout and briefly consists of a downstairs cloakroom, built in storage, oak stair case leading to the first floor.
Sliding barn style door which is a lovely feature into the kitchen/dining/living area.
The kitchen/dining/living area is triple aspect, flooded with natural light, with plenty of space for lounge and dining furniture French doors leading out the rear garden.
The quality kitchen, is modern yet traditional with shaker style units, built in oven and hob, dishwasher and washing machine, inset sink with tap over, To the first floor you have two double bedrooms, cast iron radiators, both enjoying a wonderful outlook.
To complete this floor a stylish shower room with walk in shower, heated towel rail, w.c and sink with vanity unit below.
Externally: You have a parking area to the side, with parking for 2/3 vehicles. Electric car charging point. Gardens which are private and enjoying a sunny aspect. To the rear and side, laid to lawn.
Location: Probus, is well situated to combine city living and beach life as it nestles between the outskirts of Truro and The Roseland Peninsula.
It is a highly sought after and popular place to live due to its convenient location, school catchment, facilities and friendly village feel.
With a regular and well-connected bus network, a local farm shop, petrol station, local pub, village store, church hairdressers, doctor’s surgery, play park, fish and chip shop and a Chinese takeaway...it has a range of amenities far exceeding a village of its size, plus its nearest supermarket (Waitrose) is only 4 miles away.
It has a local primary school and is in the all-important catchment for The Roseland Academy (rated Outstanding by Ofsted) and is currently the number 1 state school in Cornwall and in the top 5% of schools nationally.
What will you like about the property?
The impressive design & interior along with the spacious open plan feel throughout, the convenient & popular village location and incredible outlook and setting.
Tenure: Freehold services: Mains water and electricity. Private drainage. Air source heat pump for heating & water - underfloor heating on the ground floor with radiators on first floor.
Solar panels & battery storage making it a very energy efficient home. Full fibre Broadband. EPC rating – Anticipated to be ‘A or B’ rated
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.
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FAQ
About Parkengear Retreat, Probus, Truro
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