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 work4-bedroom house · PL24 2AF
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This Property is Being sold by TAUK Modern Method Auction.
Every so often a property comes along that asks you to look past what's in front of you and see what could be and this cottage is exactly that kind of opportunity.
Located on one of Par's sought after roads, this substantial cottage requires a complete scheme of refurbishment throughout, but for the right buyer, that's precisely the appeal: A rare chance to shape a home from the ground up, on a plot that simply doesn't come along very often.
What sets this one apart immediately is the land.
Sitting on a notably generous plot that stretches well back from the road, this semi detached house is noticeably larger than its neighbouring cottages along Park Green, with a long rear garden offering scope for those with vision, whether that's a beautifully landscaped garden, further extension, or something more ambitious, subject to the usual consents.
With plenty of off road parking, this is a genuine practical bonus in a village where kerbside space is at a premium.
Inside, the layout offers a lounge, separate dining room, and kitchen to the ground floor, with three bedrooms above - a footprint with real potential once refurbished, and one that already benefits from useful scope for extension for those wanting to add further living space.
We won't pretend otherwise: The photographs tell their own story, and this is very much a project requiring a full programme of works from top to bottom.
But strip that back and what you're left with is a generously proportioned cottage, on an exceptional plot, in one of the area's desirable positions - the kind of bones that renovators dream about.
Par itself continues to draw buyers for its coastal setting, its beach, and its easy connections along the south Cornwall coast, making this a compelling prospect for anyone looking to create a forever home or a standout investment in a location that rarely offers up plots of this scale.
For Sale by Modern Method of Auction - Secure Sale A Note On The Auction This property is for sale by the Modern Method of Auction, a secure and transparent route to a swift, certain sale for both buyer and seller.
Interested parties should note that this method involves a Reservation Fee payable by the buyer in addition to the purchase price - full terms are available on request.
Given the scope of works involved, viewings are strongly recommended before any offer is submitted.
Modern Method Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact TAUK to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £8,435 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the TAUK Team
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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FAQ
About 33, Par Green, Par
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