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 · TR13 9DH
Listing removedListed 458 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom terraced cottage has been tastefully modernised throughout, blending character with contemporary comfort.
The cosy living room features a log burner, creating a warm and inviting space to relax.
The kitchen/diner offers ample storage and plenty of room for a dining table—perfect for everyday living or entertaining guests.
Upstairs, you’ll find two well proportioned bedrooms and a stylish, contemporary shower room.
Step outside and take the stairs down to the courtyard, an ideal spot for alfresco dining or morning coffee.
Beyond the courtyard, the generous cellar provides excellent storage and presents an exciting opportunity to be transformed into additional accommodation, a home office, or a creative space—subject to any necessary permissions.
Guide Price £240,000 - Location - Porthleven is a vibrant village offering an array of quality restaurants and cafes as well as day to day facilities to include a supermarket, primary school and doctors surgery.
With a gorgeous traditional working harbour and beach. If you're looking to go further afield, the city of Truro and the towns of Falmouth, Penzance and Hayle are all within a 20 to 30 minute drive.
Accommodation - Entrance Hallway Kitchen/Diner Living Room Stairs to Landing Bedroom One Shower Room Bedroom Two Outside - To the front of the property is a neat, enclosed courtyard, offering a welcoming entrance.
At the rear, a raised terrace provides a private seating area, with steps leading down to a lower courtyard, ideal for enjoying the outdoors in a sheltered setting Cellar - Providing a fantastic amount of storage as well as a unique opportunity to transform this space to highlight it's full potential.
Services - Mains water, electricity, drainage and Oil central heating Rights Of Way - Our client has advised us that there is a pedestrian right of way over the rear courtyard in favour of a neighbouring property.
Also Pilchard Cottage benefits from a right of way over the rear courtyard of number 9 Peverell Road.
Council Tax Band-B - What3words - ///index.conquests.responses Anti Money Laundering Regulations – Purchasers - It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale.
Broadband & Mobile Phone Coverage - To check the broadband coverage for this property please visit check mobile phone coverage please visit
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
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FAQ
About Cottage with Flexible Cellar, Porthleven
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