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 house · TQ2 5AE
Listing removedReduced £10k (−9.1%) on 20 JunListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *£110,000 - £120,000* Ideally positioned, the property is within easy reach of the town centre, picturesque seafront and vibrant harbour, making it perfectly suited for those looking to enjoy coastal living.
The property would make an ideal first-time purchase, holiday retreat or investment opportunity.
The Willows retail park is also just a short drive away, providing a range of popular shops and amenities, along with excellent transport links offering straightforward access to Exeter and beyond.
The cottage is approached via a pleasant communal courtyard, enhancing its tucked-away feel and adding to its characterful appeal.
Upon entering the property, you are welcomed directly into a well-presented and modern kitchen.
Fitted with a range of wall and base units, the space is both practical and functional, with sufficient room to accommodate a small dining table, creating an ideal area for everyday meals.
Stairs rise from the kitchen to the first-floor landing, maintaining a traditional cottage layout.
The lounge is a cosy and inviting space, featuring a double glazed window to the front aspect which allows for plenty of natural light.
Character features such as exposed ceiling beams and a charming fireplace add warmth and personality to the room, while storage heating ensures comfort throughout the year.
Upstairs, the first floor hosts a generously sized double bedroom, again benefitting from a front-facing double glazed window and attractive ceiling beams that continue the cottage's characterful theme.
A door leads through to a useful walk-in wardrobe, providing excellent storage space and adding to the practicality of the home.
The bathroom is fitted with a clean, white suite, including a bath with shower over and a glass shower screen, offering both convenience and functionality in a well-maintained setting.
Overall, this delightful cottage combines character, comfort and convenience in a sought-after location, making it a fantastic opportunity for buyers looking to step onto the property ladder or acquire a charming coastal home.
Tenure: Freehold Kitchen (7.19' x 10.43') Living Room (13.68' x 10.40') Bedroom (8.92' x 13.68')
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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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
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FAQ
About 9 South Street, Torquay
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