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 work6-bedroom house · PL35 0BD
Listing removedListed 302 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare and highly attractive investment opportunity in the very heart of Boscastle, Providence House is a beautifully restored Georgian property offering three individual, high-specification apartments, all currently operated as successful holiday lets.
This elegant double-fronted stone building, set on Boscastle’s historic High Street within an Area of Outstanding Natural Beauty, blends rich local history with contemporary living, having been carefully renovated and converted in 2019 to an exceptional standard.
The apartments Wivell, Draper and Merchant each benefit from their own private entrance, outdoor space and stylish interiors, while retaining period features such as sash windows, fireplaces, high ceilings and exposed beams, complemented by modern kitchens, luxury bathrooms and quality finishes throughout.
The outdoor areas are particularly attractive, thoughtfully arranged to make the most of the setting and providing charming, private spaces to relax and unwind.
With far-reaching countryside and coastal views, private courtyards, patios and balconies, and a proven income-generating setup, this is a compelling proposition for investors seeking a turnkey coastal asset or buyers looking to own a unique piece of Boscastle’s heritage.
The full story, layout and individual character of each apartment is best appreciated by delving further into the details, and interested parties are strongly encouraged to get in touch to discuss the property, its history and its potential in more depth.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Providence House,, High Street, Cornwall
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