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 detached house · TQ7 3TB
Sold STCListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Thurlestone is the epitome of a South Devon village with its many picturesque stone and thatched cottages and colourful gardens resulting from its own "micro-climate".
The village has a vibrant community and is renowned for its 4-star hotel with private health club facilities and prestigious 18 hole cliff top golf course.
In addition there is a highly regarded primary school, village shop with post office, pub and church.
The property is within walking distance of the village amenities, while also enjoying access to the myriad of public footpaths that criss-cross this part of the South Hams.
The closest town is Kingsbridge which offers extensive shopping and facilities including a health centre, small hospital and sports centre.
The popular sailing and holiday town of Salcombe is approximately 6 miles away. 5 Meadcombe has stylish reverse level accommodation extending to in excess of 2300 sq ft.
Steps from the welcoming entrance hall lead down to four double bedrooms which all have access to the partly covered decked verandah that runs the full width of the rear of the house.
Two of the bedrooms are en-suite and there is a family bathroom; all have underfloor heating.
There is a small study off the hallway and on the right of the front door is access to a shower room and double garage with utility area.
The magnificent living space, which is designed to take full advantage of the spectacular views, is on the first floor and there are four sets of bi-fold doors to access the balcony that enjoys a stunning south-westerly aspect with views to the golf course and sea beyond.
Both the sitting room and snug have wood burning stoves.
Amtico flooring runs across the whole of this level and there is a triple aspect Neff kitchen with sleek handless units, integrated appliances and two sinks.
The driveway provides parking for a number of vehicles and the gently sloping garden is dog proof and mainly laid to lawn for ease of maintenance. SERVICES Mains water, drainage and electricity.
LPG central heating. DIRECTIONS On entering Thurlestone, take the first turning left into Court Park, follow this road to the right and left over the cattle grid into Mead Drive.
Take the second turning on the right into Meadcombe Road and 5 is on the left hand side. 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
FAQ
About Thurlestone, Kingsbridge
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