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 semi-detached house · TR7 3BN
Listing removedListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sunny south facing garden | 3 parking spaces & garage | Semi-detached 2 bedroom house in Newquay Town presented in good condition throughout with doors from the lounge to a South facing rear garden, double glazing and gas central heating.
Henver Road is a popular residential road which leads to Newquay Town Centre.
It's popular thanks to its proximity to Lusty Glaze and Porth Beach as well as the level walk into town across the popular open Barrowfields.
Newquay Town & Chester Road has become a highly popular residential and holiday destination thanks to an influx of independent cafes, coffee shops and bars as well as the improved travel links via the A30 & Newquay Airport.
It's also an extremely popular holiday spot with the current owners letting the annexe year round to couples looking to make the most of the coastline on the doorstep. 62A Henver Road is very unique.
It forms the rear of a development of just 3 properties which were converted in 2012.
The property makes up a semi-detached house and unique for it's size and price point, offers the potential for 3 parking spaces as well as a generous garage, which is perfectly positioned for a home office off the rear garden.
To the ground floor, the property enters into the open plan lounge/kitchen/diner. There is laminate running throughout and a modern gloss fronted kitchen with a metro style splashback tile surround.
The bathroom is located on the ground floor and has a full length bath with shower over and a toilet and basin concealed in a white vanity unit with great storage under the stairs.
The walls and floor are mainly finished in a stone effect ceramic tile.
On the first floor are 2 bedrooms with the smaller room having access to a utility cupboard which houses the gas combination boiler providing the hot water and central heating throughout.
Outside the property has a parking space at the front of the development and potentially 2 to the rear in front of the garage.
Tenure The property will be sold on a 999 year Lease whilst owning the freehold for the development.
Maintenance and buildings insurance is dealt with and paid for jointly by the three leaseholders as required on an ad-hoc basis. Council Tax Band A Services All Mains
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 62A, Henver Road, Newquay
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