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 work1-bedroom flat · TQ2 6LL
For saleReduced £5k (−4.5%) on 20 JunListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price of £110,000 to £120,000 A delightful one bedroom ground floor flat situated in the popular location of Chelston with lovely views over the surrounding area.
The property includes a spacious, light living room with a bay window, kitchen, double bedroom with a new modern ensuite bathroom.
Door from bedroom out to balcony having lovely views over surrounding area. Viewing highly recommended.
Door into Living Room - 4.11m x 3.63m (13'5" x 11'10") A lovely bright room with an attractive bay window facing out to front.
Radiator Kitchen - 3.78m x 1.83m (12'4" x 6'0") A galley style kitchen, cupboards and drawers over and under surfaces.
Built in oven and hob, space for fridge/freezer along with space for a washing machine. Window to back.
Bedroom - 4.09m x 2.16m (13'5" x 7'1") A spacious bedroom with modern fitted bath with shower over. Low level W/C and basin. Wall mounted radiator. Door out to balcony.
Outside A large balcony with lovely views over the surrounding area. Agents notes These details are meant as a guide only.
Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
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
FAQ
About 5,Flat 2, Marcombe Road, Torquay
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