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 house · TR16 4EE
Listing removedListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to the market in excellent condition throughout, this versatile three bedroom extended semi-detached modern property is quietly situated in a cul de sac on a corner plot to an enclosed garden to the rear and off road parking on the drive and to the side for several vehicles.
Illogan is a lovely village with excellent access to a wide range of local amenities and also to Portreath, Tehidy Country Park and the A30 link road.
Internally there is a porch leading to the lounge to the front with a fitted gas fired wood burner, a beautifully fitted kitchen with integral appliances and a relatively new dining room extension constructed in 2023.
A brilliant addition of a home hair salon with the potential for many uses such as a fourth bedroom, home office or accommodation for a dependant relative.
To the first floor there are three bedrooms with a family bathroom. The property is warmed by gas central heating and is fully double glazed. To the rear the private garden is enclosed by fencing.
The garden is laid to astro turf and also has a paved patio. Raised flower beds with an abundance of mature shrubs, plants and flowers. A timber shed insulated with power and light connected.
Gate to side for access to the front. The garden is a superb area for sitting, relaxing and entertaining. Safe for children and pets. Council tax band B. Freehold. Epd C.
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 15, Valley Gardens, Redruth
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