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 · TQ3 1HS
Listing removedListed 501 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a popular residential area in Preston and having good access to the Torbay Ring Road.
There are a local parade of shops nearby in Preston Down Road, including a sub post office/newsagents and a local convenience store. Local primary schools are also within close proximity.
Occombe Woods is also within easy access which is ideal for dog walkers. Preston also has a beautiful promenade and beach, which leads through to Paignton seafront.
This deceptively spacious detached property is tucked away in a quiet cul-de-sac location, in the popular residential area, accessed from Sandringham Drive in Preston.
Once inside, the ground floor accommodation briefly comprises an entrance hall, with doors to the spacious lounge, fitted kitchen which gives access to the rear garden, two bedrooms & main bathroom/W.C.
Heading upstairs, the first floor landing has doors leading to a separate cloakroom and the two further bedrooms, one of which has an en-suite shower room/W.C.
And a restricted headroom cupboard which could be utilised as a study. The other upstairs bedroom features lovely sea views to the front.
Outside to the front, there are small tiers with inset shrubs and bushes and a driveway leading up to the property with steps to the front door.
There is also access to the garage with an up and over door.
The rear garden is enclosed and features a good degree of privacy with various areas of garden, including a decking area, lawned areas and mature shrubs, trees and bushes.
There is a further up and over door into the garage, which is utilised as a courtesy door. The garage also benefits from having a door to the underhouse storage areas.
An internal viewing is highly recommended to appreciate the accommodation on offer.
Council Tax Band: E (Torbay Council) Tenure: Freehold Entrance Storm porch with PVCu double glazed door with two obscure side panels leading into Entrance Hallway Stairs rising to first floor, two central heating radiators, power points, under stairs cupboard.
Lounge Triple aspect with three PVCu double glazed windows to front with some sea views in the distance and rear overlooking the rear garden, two central heating radiators, granite fireplace with inset gas effect fire and power points.
Kitchen/Breakfast Room Range of base and wall kitchen units with matching drawers and inset one and a half bowl granite sink to work surfaces, space for table and chairs, central heating radiator, space and plumbing for washing machine and dishwasher, PVCu double glazed window overlooking the rear garden and PVCu double glazed door giving access to outside.
Bedroom 1 PVCu double glazed window to front and feature porthole window, central heating radiator, space for wardrobes and power points.
Bath/Shower Room & W.C With white suite comprising of corner panelled bath, corner shower enclosure with mains shower over, part tiled walls, wash hand basin to vanity unit with cupboards under and W.C, two obscure PVCu double glazed windows to side.
Bedroom 3 Currently used as a dining room with PVCu double glazed window to rear overlooking the garden, central heating radiator, serving hatch to kitchen and power points.
First Floor Landing PVCu double glazed window with sea views, built-in cupboard with shelving and water cylinder and further cloaks cupboard with hanging rail.
Doors to Separate Cloakroom With W.C and small wall hung wash hand basin and extractor fan.
Bedroom 2 Dual aspect with two PVCu double glazed windows enjoying sea views across to Roundham and views across Paignton and Preston, central heating radiator and power points.
Bedroom 4 Double glazed window to side, central heating radiator, doors to storage space, one of which has a good area but limited headroom and useful for occasional office, power points.
Door to Ensuite Shower Room/W.C Corner shower enclosure with electric shower to wall, wash hand basin and W.C, extractor fan.
Outside To Front The property is set on a corner plot having a good extent of front garden being laid mainly to gravel chippings for ease of maintenance with surrounding mature shrubs, bushes and trees with separate pathway leading around to the side of the property.
There is a driveway providing off-road parking for up to three vehicles, together with a single garage.
Single Garage With two up and over doors, workbench, power and light, electric meter and consumer unit, gas meter, one of the doors gives access at the rear to the rear garden.
There is a further door giving access to useful under house storage with the gas boiler for central heating and hot water, power and light.
Outside To Rear The rear garden is of a good size with a raised timber decking area enjoying late afternoon and evening sunshine, the remainder of the garden is laid mainly to lawn, timber summer house enclosed by hedging and bushes with flower borders, again having mature bushes and plants and shrubs, further raised decking area with pergola, greenhouse.
There is a further area of garden with gravel chippings and hardstanding together with a covered patio area at the rear of the garage. Tenure - Freehold Council Tax Band: E (Torbay Council).
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 6 Merryland Gardens, Paignton
Explore nearby