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 4FG
Listing removedListed 467 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a 2 bed end terraced house, Located in the village of Probus.
The property benefits from 2 bedrooms with one sub divided room to make a further bedroom, enclosed garden & allocated parking.
Property Description This is a 2 bed end terraced house, Located in the village of Probus.
The property benefits from 2 bedrooms with one sub divided room to make a further bedroom, enclosed garden & allocated parking.
Location Fairfields is located in the village of Probus situated in a cul-de-sac development just off the main road through the village, there are some local amenities and facilities within walking distance & the city of Truro is only 6 miles away, which has a wider range of shops and major supermarkets, it has good access links to the A30 and A38 and local buses run frequently.
Accommodation Accommodation Offers Lounge/Dining Room Kitchen Downstairs W/C First Floor Bedroom 1 Bedroom 2 - with sub-divided room to make a further bedroom Family Bathroom Exterior Garden Allocated Parking Shared Example Share price: 40% share £96,000 Full price: £240,000 *Monthly rent: £325.81 *Monthly service charge: £32.15 *monthly rent and service charge subject to annual review *Staircasing up to 100% Section 106 Restriction This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the County of Cornwall along with a full financial assessment to ensure that the property is affordable and sustainable for you.
Our financial assessments are carried out by The Mortgage People (tmp). For more information on tmp please visit their website at .
The local connection requirement may not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
If you wish to submit an application, please contact tmp in the first instance to carry out a full financial assessment to establish affordability.
Properties are allocated on a first come first serve basis subject to demonstrating affordability. Tenure The lease on the property has just been increased to 985 years.
Material Information Verified Material Information Council Tax band: B Tenure: Shared Ownership Lease length: 99 years remaining (85 years from 2011) Shared ownership - ownership percentage: 40% Property type: House Property construction: Standard undefined construction Energy Performance rating: C Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
Heating features: Solar water Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Great, Vodafone - Good, Three - Good, EE - Good Parking: Allocated Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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.
Area
Agent & docs
FAQ
About 14, Fairfields, Truro
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