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 · TR8 4GJ
Sold STCListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
40% shared ownership of this beautifully presented three-bedroom end-of-terrace home, thoughtfully extended to provide spacious and versatile living accommodation.
Situated in the sought-after Nansledan development, the property offers contemporary interiors, excellent family space and a desirable location close to Newquay’s beaches, amenities and countryside.
Local Connection Criteria An eligible persons means a person with a connection to the primary or secondary area (priority will be given to those with a connection to the primary area) who satisfies one or more of the following criteria: (a) Being permanently resident in primary or secondary area, as appropriate, for a continuous period of at least 12 months Or (b) Being formerly permanently resident in primary or secondary area, as appropriate, for a continuous period of at least 5 years Or (c) Having his or her place of permanent work (normally regarded as 16 hours or more a week and not including seasonal employment) therein immediately prior to advertising in the primary or secondary area, as appropriate Or (d) Having a family connection through a close family member (parent, child, brother, sister) where the family member is currently resident therein and has been so for a continuous period of at least five years prior to advertising Primary Area - means the town of Newquay, including the (truncated) Share Purchase Price & Rent Examples The share purchase price is calculated using the full market value and the percentage share purchased.
If you buy a 40% share, the share purchase price will be £140,000 and the rent will be £351.89 a month.
Your annual rent is calculated as 2.01% of the remaining share of the full market value owned by the landlord.
Please note that the rent is only calculated as a percentage of the retained equity when the lease is granted.
All resales properties will have been subject to annual rent increases, which mean that the rent no longer represents a percentage of the retained equity.
Further details of the rent review periods and calculations are contained within this document. All figures are subject to change.
Monthly Payment To The Landlord In addition to the rent above, the monthly payment to the landlord includes: Service charge £48.60 Estate charge £0.00 Buildings insurance £14.97 LiveWest Management Charge £0.00 Reserve fund payment £0.00 Total monthly payment excluding rent £63.57 (these are subject to change during the purchase process) Reservation Fee £500.00 You’ll need to pay a reservation fee (advanced rent payment) to secure your home.
When you pay the fee, no one else will be able to reserve the home. If you complete on the purchase of your home, the reservation fee will be added to your rent account.
If you or the seller withdraw from the sale the £500 will be refunded.
Material Information Tenure: Freehold Council Tax Band: B Local Authority: Cornwall Council Mains Services: Electric, Water & Drainage Heating: Gas Central Heating Parking: Allocated Parking Rights and Restrictions: We are currently awaiting details on any title restrictions, covenants, easements or rights of way from the seller’s conveyancer.
Searches: Metalliferous Mine Search Recommended
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
FAQ
About 14, Stret Myghtern Arthur, Newquay
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