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 bungalow · TR27 4QT
Listing removedListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular town of Hayle, this three bedroom detached bungalow offers well presented accommodation, which is gas central heating and double glazed.
There is a garden to the front and rear, along with driveway parking and garage. Obscure double glazed door into... Entrance Hallway Wood effect floor, access to loft, radiator.
Lounge Double glazed window to the front, views to fields in the distance, double glazed window to the side, carpet, radiator, electric fireplace with surround.
Kitchen/Diner Selection of base and wall units, inset stainless steel sink and drainer with taps, tiled splashback, built-in electric oven and hob with extractor over, built-in undercounter fridge and freezer, space for washing machine, double glazed window to the front and double glazed window to the side, wood effect flooring, radiator, wall mounted central heating boiler.
Cloakroom Low level WC, wash hand basin with cupboard under, wood effect flooring, obscure double glazed window to the side.
Wet Room Shower, low level WC, wash hand basin with mixer tap and cupboard and drawers under, heated towel rail, obscure double glazed window to the side.
Bedroom Three Double glazed window to the side, radiator, fitted carpet. Bedroom One Double glazed window to the rear with views to the garden, fitted carpet.
Bedroom Two Double glazed patio door to the rear leading into the conservatory, fitted carpet, radiator. Conservatory Access via Bedroom One.
Double glazed window to both sides and rear with views to the garden. Double glazed double door leading out to the garden. Wood effect flooring.
Outside To the front of the property there is driveway parking for several vehicles and access to the garage. Open plan lawned garden to the front.
There is access to the side leading to the rear where there is a brick paved seating area along with a selection of shrubs and bushes.
Garage Double doors to the front, power and light, window to the rear.
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 50, Mellanear Road, Cornwall
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