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 · TR7 3LB
For saleListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two double bedroom ground floor referbished Cornish Unit apartment with structural engineers supervisory certificate, has a lounge with mains gas fire, kitchen/breakfast room, utility room, and bathroom.
The mature rear garden is laid mainly to lawn. Situated within 500 yards of Porth beach and island. Newquay town centre is within two miles.
The shopping amenities and facilities provided by St Columb Minor and Whitegate Shopping Centre are within a mile.
Viewing is strongly recommended - Chain free Reception Hall (5.54m x 0.97m) UPVC double glazed entrance door. Buit in airing cupboard.
Doors into lounge, kitchen/breakfast room, bathroom, and two double bedrooms. Lounge (4.5m x 3.35m) UPVC double glazed window to front. Mains gas fire.
Kitchen/Dining Room (3.6m x 3.05m) UPVC double glazed window to rear, and part glazed door into utility room.
Fitted kitchen comprising four wall cupboards, five base units, larder cupboard and four drawers. Single sink and drainer. Space for washing machine. Gas cooker.
Utility Room (2.44m x 1.83m) Doors to side and rear garden. Door into storage room. Storage Room (3.07m x 1.96m) Bedroom One (3.6m x 3.43m) UPVC double glazed window to front.
Bedroom Two (3.35m x 2.95m) UPVC double glazed window to rear. Bathroom (1.93m x 1.68m) Incorporating panelled bath with shower over, low level flush WC, and wash hand basin. Extractor.
Outside Enclosed Rear Garden (4.88m x 14.33m) The enclosed rear garden is laid mainly to level lawn with flower and shrub beds and borders. Storage shed. Front Garden
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.
Area
Agent & docs
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FAQ
About Ground Floor Apartment, 52, Cross Close, Cornwall
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