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 · PL26 6XA
Listing removedReduced £30k (−8.2%) on 20 JunListed 551 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunkin Homes are delighted to be able to offer to the market this spacious, detached two-bedroom bungalow in Higher Well Park.
This property sits on a generous plot and offers impressive views over Portmellon bay and Chapel Point. The property also benefits from driveway parking and a single garage.
Upon entering the property, you are met by a spacious entry hall with doors leading off to the bedrooms, living space, bathroom and kitchen.
The impressively proportioned living space is located to the rear of the property and affords a backdrop of impressive countryside views and sea views encompassing the beautiful Chapel Point headland.
There is also a door leading out to the rear patio making it an ideal space for al fresco entertaining.
From the living area, the space flows through to the dining area which also benefits from further stunning views.
The kitchen is located to the front of the property and offers a range of built-in units, a window overlooking the front garden and space for a breakfast table and chairs.
Across the hallway are the bedrooms and family shower room. The hall itself offers a range of handy built in storage cupboards.
The shower room offers an obscured window to the front elevation, a large shower unit, WC and hand basin.
Bedroom two is a spacious double bedroom with plenty of space for wardrobes and a window overlooking the private front garden.
The master bedroom is a larger double with a range of built-in wardrobes and a large window to the rear offering views over the generous rear garden.
Outside, the property offers a driveway with parking for up to two cars leading to a single garage with up and over door.
This generous single garage offers plenty of additional storage or workshop space and has a window to the rear. The front garden is mainly laid to lawn and is bordered with a mature hedge.
To the rear, there is a large patio area offering impressive views over Portmellon bay. From here, steps lead down to the two level lawn area, which leads all the way down to a footpath beyond.
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
.png)
FAQ
About 17 Higher Well Park, Mevagissey
Explore nearby