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 · TR19 6UD
Listing removedListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chance to acquire a charming two bedroom terraced cottage, located in the centre of the popular village of Paul, on the outskirts of the famous fishing village of Mousehole and only a short drive to the main town of Penzance and Newlyn.
The property has much charm and character throughout with well proportioned accommodation, which would make an ideal first time buy, holiday home or investment.
Stonecrop Cottage has easy to maintain accommodation which really needs to be viewed internally to appreciate to the full and we recommend an early appointment.
Paul village is located on the outskirts of Mousehole with access to surrounding countryside and coastal footpath and we recommend an early viewing.
Property additional info Entrance door to: Lounge/dining room: 19' 4" x 11' 7" (5.89m x 3.53m) Impressive granite fireplace, double glazed window to the front, understairs area, TV point, beamed ceiling, night storage radiator.
Kitchen: 6' 9" x 6' 6" (2.06m x 1.98m) Inset sink with cupboards below, solid wood worksurfaces, range of built in wall and base units, built in oven, four ring hob and extractor hood over, tiled flooring, plumbing for washing machine, double glazed door to rear courtyard.
Bathroom: White suite comprising panelled bath with shower over, pedestal wash hand basin, low level WC, complementary wall tiling, electric radiator.
Staris from lounge/diner to: First floor landing: Night storage radiator, access to roof space housing hot water cylinder.
Bedroom one: 12' 7" x 10' 0" (3.84m x 3.05m) Double glazed window with views towards Paul Church.
Bedroom two: 9' 3" x 8' 9" (2.82m x 2.67m) Double glazed window to rear with views to open fields beyond. Outside: To the front of the property is a walled garden and to the rear a small courtyard.
Services: Mains water, electricity and drainage.
Directions: Via "What3Words" app: ///whirlwind.legwork.visits agents notes: We understand from Openreach website that Fibre to the Cabinet Broadband (fttc) is available to the property.
We tested the mobile phone signal for Vodafone which was intermittent. The property is built of granite under a tiled roof. Mobile signal/coverage: Intermittent. Construction materials used: Others.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: No.
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
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FAQ
About Stonecrop Cottage, Paul, Penzance
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