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 bungalow · TR4 8EP
Listing removedListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 18 – The Polperro is a beautifully designed two-bedroom bungalow, available through Shared Ownership.
Perfectly blending contemporary style with practical living, this brand-new home offers light, open spaces and thoughtful design throughout.
Set within Hwel Kan, a welcoming new community in the heart of Cornwall’s countryside. Show Home Launch Join us on Saturday 6th June, for our exclusive show home launch at Hwel Kan.
Step inside our brand new show home and discover what could be your new home... Contact us now to arrange your viewing!
About Hwel Kan Set in the heart of Cornwall’s countryside, Hwel Kan is a thoughtfully designed development of 32 new homes offering something for everyone.
With a mix of Open Market, Shared Ownership, Open Market Rent, and Affordable Rent options, this inclusive community is built to support a wide range of buyers and renters.
From stylish two-bedroom dormer bungalows like The Polperro and The Perranporth, to spacious four-bedroom homes such as The Kynance, each property combines modern design with practical living.
Whether you're stepping onto the property ladder, seeking a family home, or looking for a high-quality rental, Hwel Kan delivers comfort, choice, and connection in a well-served village setting.
What Is Shared Ownership What is Shared Ownership? Shared Ownership is an innovative and affordable way to step onto the property ladder.
It empowers you to own a share of your dream home, making homeownership more accessible, even in today's competitive housing market.
It's an ideal solution for those who aspire to own a home of their own but may find it challenging to purchase a property outright. Why Shared Ownership?
Shared Ownership offers you the chance to buy a portion (typically between 25% to 75%) of a property, while the remaining share is owned by a housing association or developer.
This arrangement allows you to pay a mortgage on your share and a reduced rent on the portion owned by the housing association.
It's a practical and cost-effective way to get your foot on the property ladder. Why Shared Ownership at Gwel Basset?
Perran Housing understands the importance of home, and is dedicated to making homeownership dreams a reality.
We are thrilled to offer Shared Ownership at Gwel (truncated) Am I Eligible For Shared Ownership?
You can buy a home through shared ownership if both of the following are true and you meet the local connection criteria: Your household income is £80,000 a year or less you cannot afford all of the deposit and mortgage payments for a home that meets your needs One of the following must also be true: You’re a first-time buyer you used to own a home but cannot afford to buy one now you’re forming a new household – for example, after a relationship breakdown you’re an existing shared owner, and you want to move you own a home and want to move but cannot afford a new home that meets your needs For the first 30 days; Have a Local Connection to The Parish of St Agnes through one of the following options; • being permanently resident therein for a continuous period of at least 12 months immediately prior to Advertising and that residence is of their own choice; or (b) being formerly permanently resident therein for a continuous period of five (5) years; or ( c) having his (truncated) About The Area Blackwater, Cornwall is a charming and historic village nestled between Truro and Redruth, just a few miles from the stunning North Cornish coast.
With its roots in Cornwall’s rich mining heritage and home to the iconic Passmore Edwards Institute, Blackwater blends cultural depth with peaceful rural living.
Set in a sheltered valley, the village offers a unique sense of tranquillity, while still providing easy access to major routes like the A30-ideal for commuters and remote workers alike.
The close-knit community, local pub, village shop, and well-regarded primary school make Blackwater perfect for families and those seeking a genuine sense of belonging.
This picturesque setting is a magnet for young families, heritage lovers, and those in search of a slower, more grounded lifestyle.
Whether exploring coastal walks, joining vibrant community events, or simply enjoying the quiet friendliness of village life, Blackwater offers a balance that’s increasingly rare.
It’s a (truncated) Disclaimer All measurements given are approximate, for further details please contact the agents. Dimensions given are done so in good faith and before construction has commenced.
They are approximate and for guidance only and should not be used for furniture or appliance purchases.
Purchasers are strongly advised to confirm actual dimensions when the property is nearing completion or is completed.
Please be aware that specification may vary depending on the plot and the house type. Please refer to working drawings.
Treveth Homes reserves the right to alter the specification as required throughout the build process.
About The Developer Treveth delivers new homes for the benefit of people who live and work in Cornwall, proud to be a Cornish company that puts Cornwall and its people first.
Any profit we make is returned to our partner, Cornwall Council.
Treveth leads a passionate sustainability movement and has moved entirely away from fossil fuel heating, using instead a combination of solar energy and air source heat pumps in its properties.
Other enhancements such as LED lighting and upgraded wall and roof insulation mean its homes already meet many of the standards for future homes in the UK, years before they come into force.
Material Information Tenure: Freehold Council Tax: Band tbc with Cornwall Council Broadband: Postcode not yet registered to confirm broadband Mobile: Postcode not yet registered to confirm mobile signal Mains: Water, electricity, and sewerage Heating: Air source heat pump Flood Risk: Surface Water - Very Low, Rivers and Sea - Very Low Parking: Allocated parking for two cars Mining: Mining Search Required.
This does not mean there is definitely a mining threat to your property; however, MineScanner® has identified a threat somewhere within a 2000m radius and that a Mining Search report is needed to discount or clarify any further risks.
Restrictive Covenants: Please discuss direct with the developer
Value & comps
No previous sales on record.
Returns
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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 Plot 18 The Polperro, Hwel Kan,, North Hill, Truro
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