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 work3-bedroom terraced house · PL18 9NR
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a three-bedroom cottage in need of renovation, complete with a triple garage and two separate gardens.
Enjoying stunning views across the Tamar Valley, this property offers a unique project for buyers seeking a home with enormous potential and the added benefit of a rarely available triple garage.
The property is offered to the market with no onward chain. Location - The cottage is situated in the hamlet of Lower Dimson, within easy reach of the neighbouring village of Gunnislake.
The village provides a range of amenities including a convenience store, post office, doctor’s surgery, primary school, pubs, and a train station with regular services to Plymouth.
The surrounding area is rich in scenic countryside walks, with nearby attractions such as Cotehele House and Estate, Kit Hill, and the River Tamar.
Regular bus services connect the area with Callington and Tavistock (approximately 5–6 miles), both of which offer a broader selection of shopping, dining, and leisure facilities.
Accommodation - Arranged across three floors, the property has been designed to make the most of the space and spectacular views over the Tamar Valley.
The ground floor comprises a reception room and kitchen with a rear access door. On the first floor is the master bedroom and a family bathroom.
The first-floor bedroom could alternatively be used as a reception room to take full advantage of the beautiful valley views. The second floor features two further bedrooms.
Outside - The property is approached via a shared lane with the neighbouring homes at Rush Park Terrace, leading to the impressive triple garage.
Rarely available in this location, the garage is currently used for storage but presents excellent potential as a workshop, hobbies room, or even a home office.
The property includes a garden to the rear, offering a peaceful outdoor space ideal for families or gardening enthusiasts, complete with a useful external store.
In addition, there is a separate garden plot and orchard, accessed via a metal gate, which includes an outbuilding offering potential for conversion into additional storage, a hobbies room, or a peaceful space to enjoy during the summer months.
Services - Mains electricity, drainage and water. Gas fired central heating. TO ARRANGE A VIEWING PLEASE QUOTE BL0650
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.
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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 Rush Park Terrace, Lower Dimson, Gunnislake, PL18
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