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 work1-bedroom house · TR20 8UR
No longer listedListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale via online auction through Clive Emson Auctioneers is this exciting and rare opportunity to acquire a traditional granite cart house and a detached studio style chalet which includes full residential use and combined now benefits from favourable planning in principle for residential conversion.
The properties enjoy a fabulous sized long garden, a further garden area opposite and parking, all of which is situated within a highly sought after rural location ideally positioned for access to Penzance, local amenities and the stunning beaches of West Cornwall.
A unique development project, subject to all necessary consents being obtainable.
Property additional info CHALET ACCOMODATION: Open plan kitchen/living/dining/bedroom area with en-suite shower room and W.C. Double doors open up onto private garden area.
OUTSIDE: The former cart house benefits from an area of outside space immediately adjoining the building along with a further area of lawned space directly opposite.
Side access leads to the chalet with a well kept enclosed garden and in turn steps up to a fabulous sized long rear garden offering excellent potential and requiring landscaping.
PLANNING: Permission in Principle has been granted by Cornwall Council under ref: PA26/04331, dated 31st July 2026, for the replacement of 1 dwelling incorporating the conversion of an agricultural building, subject to conditions.
A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website, cornwall.gov.uk. Tel: .
SITE MEASUREMENTS: The whole grounds extend to 0.08 hectares (0.21 acres).
SERVICES: We have been informed by the seller that mains water and electric are connected and readily available and the drainage will be private via a shared septic tank and treatment plant.
Further information will be included within the legal documentation, available to download from the Clive Emson website. AGENTS NOTE: There is currently no broadband at the property.
We checked the signal with o2 which was adequate. The construction is to be confirmed.
DIRECTIONS: Via "What3Words" app: ///gown.papers.sharp AUCTIONEERS COMMENT: Upon a bid being accepted the purchaser will need to pay a £5,000 holding deposit which will come out of the purchase price.
There is also an administrative fee to pay.
This is tiered dependant on the sale price and is as follows; if the sale price is up to £19,999 the administration fee is £400, if the sale price is between £20,000 to £49,999 then the administration fee is £600, if the sale price is between £50,000 to £99,999 then the administration fee is £900, if the sale price is £100,000 to £299,999 then the administration fee is £1,200 and if the sale price is £300,000 or above then the administration fee is £1,500.
For info the administration fee is inclusive of Vat. There may be additional costs levied on the buyer by the seller and these will be disclosed in the Special Conditions of Sale.
We haven’t received these from the solicitor yet so cannot be any more specific at this stage, any enquiries regarding the fees should be directed to the auctioneers, Clive Emson on Parking Availability: Yes.
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
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

FAQ
About Trevaylor Vean, Gulval, TR20 8UR
Explore nearby