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 bungalow · TQ14 9TS
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached bungalow enjoying superb views to the Teign estuary and surrounding countryside. On a generous plot with gardens backing onto open farmland. Requiring some modernisation/updating.
Accommodation briefly comprising; Entrance hallway, lounge with river and rural views, kitchen breakfast room, conservatory, two double bedrooms with fitted bedroom furniture, third bedroom/study, shower room, cloakroom/WC, walk-in store room, off road parking, gardens to the front and enclosed gardens to the rear.
UPVC obscure double glazed entrance door into the... Entrance hallway Radiator. Door to... Cloakroom/WC With uPVC obscure double glazed window, pedestal wash hand basin, low level WC, radiator.
Door to walk-in store cupboard with fitted shelving. Multi-paned door through to... Study/office/bedroom UPVC double glazed window and door with outlook and giving access to the rear gardens.
From the hallway, obscure glazed multi-paned door through to the... Inner hallway Hatch and access to loft space. Radiator.
Door to boiler cupboard with slatted shelving and wall hung Vaillant gas combination boiler providing the domestic hot water supply and gas central heating throughout the property.
Lounge UPVC double glazed window with superb views across Grange Park and into the Teign estuary taking in Ringmore, Combeinteignhead and heading inland along the Teign and rolling hills beyond.
Radiator.
Kitchen breakfast room Kitchen with cupboard and drawer base units under laminate rolled edge work surfaces incorporating a one and a quarter bowl stainless steel sink unit with mixer tap over, space and plumbing for washing machine, integrated electric cooker with four ring gas hob, integrated fridge, corner carousel unit, tiled splash backs, corresponding eye level units with corner display shelving, fitted extractor, recessed spotlights, uPVC double glazed window enjoying the aforementioned river and rural views.
Breakfast area with radiator, breakfast bar, space for upright fridge freezer. Door to larder with fitted shelving. Door to...
Conservatory Enjoying views into the river Teign estuary and open farmland beyond.
Two radiators, uPVC double glazed windows and French patio doors giving outlook and access onto the gardens and towards nearby woodland. From the inner hallway, doors to...
Bedroom one UPVC double glazed window overlooking the rear gardens. Radiator. Range of fitted bedroom furniture. Bedroom two UPVC double glazed window overlooking the rear gardens. Radiator.
Range of fitted bedroom furniture.
Shower room Fully tiled walls and floor, shower enclosure with sliding glazed door/screen, fitted shower, wash hand basin set onto vanity unit, fitted mirror with pelmet and inset spotlights, low level WC, uPVC obscure double glazed window, ladder style towel rail/radiator.
Outside Concrete driveway providing tandem off road parking. From the driveway there is gated access to the rear gardens. External water supply.
The front gardens consist of gently sloping lawns with mature borders and superb views to the river Teign estuary and surrounding countryside.
The rear, accessed via the conservatory and study, are predominantly level and laid to lawn, well stocked with a variety of shrubs, trees and Torbay palm.
There is a pathway to the head of the garden which backs onto open farmland and a paved patio enjoying river and rural views. EPC Rating: D
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 57 Grange Park, Teignmouth
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