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See how verdicts work3-bedroom detached house · TR2 4NE
Listing removedListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a generous corner plot within the popular residential cul-de-sac of Hicks Close, Probus, this 3/4 bedroom link-detached home offers spacious and versatile accommodation with excellent potential for modernisation.
The property is offered to the market chain free, making it an ideal opportunity for buyers looking to put their own stamp on a home.
The ground floor comprises a welcoming entrance hallway, a bright and comfortable living room, and a well-proportioned kitchen/diner providing ample space for family meals and entertaining.
There is also a useful downstairs WC and an additional reception room which could serve as a fourth bedroom, home office, or study, offering flexibility to suit a variety of needs.
Upstairs, the property features three bedrooms and a family bathroom fitted with a bath and overhead shower.
Externally, the home benefits from both front and rear gardens, ideal for outdoor enjoyment, along with off-street parking via a driveway and a garage, providing convenient storage and parking options.
While the property would benefit from some modernisation, it presents a fantastic opportunity to create a lovely family home in a sought-after village location.
Hicks Close is set within the highly desirable village of Probus, a wellconnected community located just northeast of Truro and approximately seven miles from the city centre.
The area offers excellent commuter links to Truro, St Austell, and the beautiful Roseland Heritage Coast, making it ideal for both work and leisure.
Probus provides a strong range of local amenities including a public house, petrol station, general stores, village hall, doctors’ surgery and regular bus services, creating a convenient and welcoming village environment.
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 1, Hicks Close, Cornwall
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