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 · TR13 9FB
Listing removedListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to market is this extremely well presented 2 bedroom residential apartment in the heart of Porthleven, a short walk from the Harbour and offering Private Parking Bay.
The property is currently let as a very successful Holiday let. Call now to arrange your viewing From your private parking bay, a door leads into a ....
Ground Floor Entrance/Reception Room (4.27m x 4.11m (14' 0" x 13' 6")) This has multiple useable possibilities, with currently a sofa bed in, but could also be additional living space for the apartment.
Stairs lead to the first floor. Open Plan Lounge/Kitchen/Diner (6.2m x 4.95m (20' 4" x 16' 3")) Door leading to private glassed balcony area.
The kitchen has fitted appliances including electric oven, hob and stainless steel extractor over, fitted washing machine, dishwasher and microwave. Granite worktops, high gloss finish.
Bedroom One (3.48m x 3.18m (11' 5" x 10' 5")) Door leading to ...
En Suite Shower Room (2.57m x 1.45m (8' 5" x 4' 9")) Bedroom Two (3.18m x 3.63m (10' 5" x 11' 11")) Bathroom (1.96m x 2.44m (6' 5" x 8' 0")) Material Information Council Tax: A Local Authority: Cornwall Council Services: Mains Electric, Water, Drainage.
Heating: Electric Heating Mining: Metalliferous Mine Search Required (standard mining search) Lease: 125 years from 2004 Ground Rent £100 per year Maintenance Charges £803.78 Per Year.
Insurance Charges (building Only) £527.38 Randon Pump Fitted On The Ground Floor. No Pets Allowed
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
FAQ
About 6, St. Elvans Courtyard, Helston
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