2-bedroom bungalow · TQ14 9JS
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom semi-detached bungalow, forming part of a modern development completed in 2020 and ideally located within easy reach of the town centre, local beaches and train station.
The property offers two generous double bedrooms, a modern fitted kitchen and a stylish Jack and Jill bathroom.
The accommodation has a contemporary feel throughout, with wood flooring and impressive bi-folding doors opening onto a private balcony, which enjoys lovely sea views.
Further benefits include a private entrance, built in storage and communal gardens.
With its excellent location and attractive sea views, this is a fantastic opportunity for anyone looking for a low-maintenance home close to the coast and local amenities.
Front door leading into the...
Entrance hallway Spotlights, stripped wooden floor, mirrored storage cupboard with hanging rails and shelving, cupboard housing gas central heating boiler and providing additional storage and plumbing for washing machine.
Fuse box, radiator, access to loft space which is partially boarded with a pull down ladder.
Jack and jill bathroom Fitted with a matching suite comprising a large walk in shower with mains powered shower over with dual head, vanity wash hand basin with sliding drawer and mixer tap, fully tiled with mirror, extractor fan, spotlights and heated towel rail.
Bedroom one Vinyl flooring, radiator, uPVC double glazed window enjoying an outlook of the communal gardens and fitted with shutter blinds, built in mirrored wardrobes with hanging rail and shelving, spotlights.
Bedroom two UPVC double glazed window to the front aspect fitted with shutter blinds. Built in mirrored wardrobes with hanging rail and shelving, spotlights, vinyl flooring, radiator.
Living/dining room With uPVC double glazed window and bifolding doors leading onto the balcony and both fitted with shutter blinds. Wooden flooring. Two ladder style radiators.
Opening into Kitchen Fitted with a range of matching modern white gloss wall and base units with integrated appliances to include fridge freezer, dishwasher, electric oven, gas hob with extractor hood over.
Finished with a granite style work top and a stainless steel one and a half bowl drainer sink unit with mixer tap. Spotlights. UPVC double glazed window to front aspect.
Outside The property enjoys its own balcony which is fitted with faux lawn and glass balustrading and enjoys south facing views of the sea.
There are also communal gardens that can be enjoyed by residents of the development. There is a service charge towards to costs of the communal areas which is £1624.00 per year. EPC Rating: C
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
Agent & docs
FAQ
About 2 Southernhay Mews Second Drive, Teignmouth
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