Modern Method of Auction
Auction today
2-bedroom semi-detached house · TR16 4NR
For saleListed 25 daysModern Method of Auction 21 Oct · today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by conditional online auction, powered by Bamboo Auctions. Place a bid on by 12pm on 21/10/2026.
A wonderful opportunity to purchase a substantial and well presented semi-detached property, enjoying stunning sea views on Battery Hill.
Entrance Hall Stairs rising to first floor, doors leading to ... Sitting Room 4.4m maximum x 3.86m - Feature fireplace, window to front overlooking Portreath beach.
Kitchen (3.05m x 3.48m (10' 0" x 11' 5")) Range of floor and wall mounted kitchen units, sink with drainer, four-point hob, window to rear.
Bathroom (2.44m x 2.57m (8' 0" x 8' 5")) Low level W.C, wash hand basin, shower cubicle and bath.
Dining Room (2.67m x 2.77m (8' 9" x 9' 1")) Double doors leading out onto a decked area with some lovely sea views. First Floor Landing Stairs leading to the ground floor, doors leading to ...
Bedroom Two (3.15m x 3.43m (10' 4" x 11' 3")) Window to rear. Bedroom One (3.28m x 5.05m (10' 9" x 16' 7")) Two windows overlooking Portreath beach, double doors leading to the sun room.
Sun Room (2.74m x 3.12m (9' 0" x 10' 3")) A sizeable room benefiting from some fine coastal views, with a door leading to the first floor balcony.
Balcony The property benefits from this first floor balcony, which enjoys some spectacular views over Portreath and the nearby beach. W.C Low level W.C and wash hand basin.
Outside The property is approached via steps leading from Battery Hill up to the property. There is an area of patio to the front and patio to the rear.
Material Information What3Words: Heating - Oil Combination Water / Drainage - Mains Coastal Erosion - Not Effected Mining - Search Required Tenure - Freehold Local Authority - Cornwall Council Planning - See planning register Listing - Not Effected This property is being sold by conditional online auction and a non-refundable reservation fee of £6000 or 4.2% + VAT applies, whichever is the greater (in addition to the purchase price).
If you are the successful bidder, you will be charged the amount of £6,000 + VAT (£7,200) or 4.2% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder.
You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.
Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions.
Definition Of A Guide Price And A Reserve Price: Guide Price An indication of the seller’s current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued.
This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall.
A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Value & comps
No previous sales on record.
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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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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 Gulls Roost, 2, Battery Hill, Redruth
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