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 · TR8 5PE
Sold STCListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern link detached three double bedroom bungalow with lounge, kitchen/dining room, bathroom, shower/cloakroom and separate cloakroom, has sea views, uPVC double glazing and electric wet central heating.
Outside there is a former garage/store room, parking for three cars and garden to three sides.
Situated within a Cul de sac of two and three bedroom bungalows in the popular coastal hamlet of Holywell Bay, which has featured in the Poldark television series, with amenities and facilities including a golden sandy beach with sand dunes, two public houses and shops.
The adjacent village of Cubert is within a mile and offers additional shopping amenities, restaurant and Church. Newquay, Cornwall's premier tourist resort is within four miles.
Viewing is recommended - Chain free Entrance Porch (1.42m x 1.14m) UPVC double glazed entrance door. Reception Hall (5.18m x 1.57m) Radiator. Built in linen cupboard 3'4'' x 3'.
Built in cupboard 2'9'' x 2'. Doors into lounge, kitchen/diner, three double bedrooms, bathroom, shower/cloakroom, and cloakroom. Lounge (4.3m x 3.6m) UPVC double glazed window to front. Radiator.
Feature electric fire. Archway into dining room/kitchen. Kitchen/Dining Room (5.7m x 3.2m) UPVC double glazed windows to front and side with door gaining access to side garden/patio.
Modern fitted kitchen comprising two wall cupboards, two base units, three drawers, and larder cupboard. Integrated washing machine, dish washer, refrigerator and freezer.
Built in electric oven with four ring ceramic hob with filter hood over. Radiator. Bedroom One (3.28m x 3.2m) UPVC double glazed window to rear. Radiator.
En Suite Cloakroom (1.42m x 0.86m) Incorporating low level flush WC and wash hand basin. Extractor. UPVC double glazed window to side. Bedroom Two (3.6m x 2.97m) UPVC double glazed window to rear.
Radiator. Bedroom Three (2.77m x 2.4m) UPVC double glazed window to side. Radiator.
Bathroom (2.29m x 1.63m) Incorporating panelled bath with glazed shower screen over, low level flush WC and wash hand basin. Extractor. UPVC double glazed window to side.
Electrically heated towel rail. Shower/Cloakroom (2.3m x 2.26m) Incorporating glazed shower, low level flush WC and wash hand basin. Radiator. UPVC double glazed window to rear.
Outside Store/Former Garage (2.67m x 1.7m) Up and over door. Electric light and power point. Block Paved Parking (14.94m x 2.44m) There is level parking for three cars.
Front Garden The front garden is laid mainly to lawn with path leading to the front door. Rear Garden (17.37m x 9.14m) Laid mainly to lawn with paved seating areas.
Sheltered Patio Garden (5.8m x 3.66m) Side Garden (12.2m x 9.14m) Laid mainly to lawn with paved patio area.
Agents Note Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 52, Wheal Golden Drive, Newquay
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