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 · TR7 2JR
Listing removedListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain | garage & parking | 3-bedroom mid-terrace family home in a popular residential area of Newquay town with gas central heating, uPVC double glazing, garage, 2 driveway parking spaces and a sunny Westerly facing rear garden.
Higherwell Close is located in the Treloggan area of Newquay Town, which is extremely popular for families thanks to its proximity to Newquay Water World, Concrete Waves, local schools and multiple shops.
Regarded as one of the quieter residential areas of Treloggan, the property has the benefit of peaceful surroundings whilst having the majority of the towns leisure facilities on the doorstep.
No13 is accessed from the private front parking spaces which leads to a fenced front yard and the the main entrance door. A large entrance vestibule gives access to the downstairs accommodation.
The hallway provides access to the stairwell, lounge and kitchen.
The kitchen has a range of floor and wall mounted kitchen units under a rolled edge laminate worktop with the original pantry cupboards knocked out to create a larger dining area.
The lounge has ample space for seating with a floor to ceiling window and sliding door unit giving access to the rear garden.
To the first floor are 2 double bedrooms with a further single bedroom to the rear. The 2 double bedrooms both benefit from integral wardrobes.
There is also a family bathroom which was turned into a functional wet room by the previous owner.
Outside to the rear, the house has a surprisingly private West facing garden enjoying the majority of the days sun.
It’s been made completely low maintenance with a patio area leaing to the rear which is pebbled with mature shrubs.
To the front is the single garage which is often turned into additional accommodation on this style of house. Tenure Freehold Services All mains Council Tax Band B
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
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FAQ
About 13, Higher Well Close, Newquay
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