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 terraced house · TR20 8XQ
Listing removedListed 536 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chance to acquire a charming two-bedroom single-storey barn conversion, converted to a high standard some years ago and is offered for sale in good decorative order throughout.
The property has been well maintained by the present vendor, which has well proportioned living accommodation, which would make an ideal family or retirement home.
A particularly attractive feature is the enclosed landscaped gardens to the rear, which have well-stocked borders with three terraces, studio and gazebo and to the front of the property is parking space along with a garage in a nearby block.
Treassowe is a small hamlet, surrounded by open countryside on the outskirts of the village of Ludgvan, which has general stores, historic church, gastro pub and a primary school.
Penzance is approximately 4 miles away and St Ives is approximately 6 miles away. Due to the popularity of properties such as this we recommend an early appointment.
Property additional info entrance hall: UPVC double glazed window, sunken spotlights, radiator.
Living room: 14' 1" x 12' 6" (4.29m x 3.81m) UPVC double glazed window overlooking the front, multi fuel burner set on a slate hearth, TV point, radiator.
Kitchen: 10' 2" x 9' 2" (3.10m x 2.79m) Stainless steel inset single drainer sink unit with cupboards below, extensive range of fitted wall and base units, built in Bosch oven, four ring hob and extractor hood, integrated Bosch dishwasher, free standing washing machine (to remain), UPVC double glazed window, shelving and door to: Conservatory: 11' 6" x 7' 3" (3.51m x 2.21m) UPVC double glazed windows overlooking landscaped gardens, exposed granite to two walls and double sliding patio doors to garden.
Bedroom one: 12' 10" x 11' 2" (3.91m x 3.40m) UPVC double glazed window overlooking front gardens, range of built in wardrobes with sliding mirror doors, radiator.
Bedroom two: 3.60m x 2.80m (11' 10" x 9' 2") UPVC double glazed window overlooking landscaped gardens, radiator, access to roof space.
Bathroom: Comprising panelled bath, separate shower cubicle, pedestal wash hand basin, low level WC, UPVC double glazed window, cupboard housing propane gas central heating boiler, radiator.
Outside: Enclosed rear gardens which has been landscaped with an abundance of mature shrubs and plants, three patio areas, gazebo, views over open farmland.
Studio: 15' 5" x 9' 2" (4.70m x 2.79m) Overlooking gardens with power.
To the front of the property there is parking space and access to: Garage: 18' 1" x 9' 6" (5.51m x 2.90m) In nearby block with metal open and over door.
Services: Mains water, electricity and shared septic tank drainage.
Directions: Via "What3Words" app: ///panthers.expiring.matter agents note: We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for Vodafone which was good. The property is constructed of granite under a slate roof. Roof type: Slate tiles. Mobile signal/coverage: Good.
Construction materials used: Others. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Septic Tank. Heating Supply: Others.
Broadband internet type: FTTP (fibre to the premises). Parking Availability: Yes.
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 3 Treassowe Riding, Ludgvan
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