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 work4-bedroom bungalow · TQ12 3DT
Listing removedReduced £45k (−7.6%) on 20 JunListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Four bedroom bungalow on large flat plot with specious loft conversion. Description Beautiful four bedroom bungalow on large flat plot with spacious loft conversion.
The bright living room with French doors leads onto a decked area, and bifold doors to a separate dining room.
There are three double bedrooms, family shower room, extended kitchen, utility room and separate WC on the main floor, with a light and airy Master bedroom with full en-suite bathroom upstairs.
The property features an air source heating system providing an economical and efficient way to heat the home. Outside is a large gated driveway, garage, a decked BBQ area, sheds and extensive lawns.
A unique property in desirable area that must be seen.
Material Information What3words: ///loafer.glades.reception Tenure - Freehold Local Authority - Teignbridge Council Council Tax Band: E Parking – Garage and driveway Mains Services - Electric, Gas, Water, Drainage Heating - Gas Central Heating
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, Coombesend Road, Newton Abbot
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