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See how verdicts work3-bedroom terraced house · TQ14 8EJ
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious three bedroom end of terrace house requiring modest improvement being located on the fringe of the town centre.
The property, which has generally fair presented and versatile accommodation, enjoys outside courtyard space and will appeal to lettings landlords and investors alike on the lookout for a modest project for onwards sale or rent.
The property is gas centrally heated and uPVC double glazed.
Tenure - Freehold (part ‘flying’ freehold) with vacant possession Mains Services - Gas, Electric and Water Council Tax Band B - £2,107.93 per annum Broadband - Ultrafast 1000Mbps (According to OFCOM) Measurements: Lounge 15' 9" x 9' 1" (4.8m x 2.78m) Kitchen/Breakfast Room 9' 6" x 18' 9" (2.9m x 5.5m) Store/Workshop 9' x 8' 2" (2.74m x 2.5m) Bedroom 13' 1" x 9' 1" (3.99m x 2.78m) Bedroom 9' 6" x 9' 1" (2.9m x 2.78m) Bedroom 14' 7" x 16' (4.44m x 4.88m) VIEWINGS To arrange a viewing Please call the auction agent, 247 Property Auctions, to arrange.
IMPORTANT INFORMATION All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCE Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction. †Traditional auction Exchange occurs at the end of the auction.
This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property.
To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell.
Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars.
Buyers should check the contents of the legal pack and special conditions for accurate information on fees.
Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions.
All legal documents in relation to this property have been provided by the Vendor's solicitor.
Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise.
Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above.
All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer.
We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.
EPC Rating: D Courtyard The property, although private and tucked away, lies in the heart of the town. There is a gate which leads to the small courtyard.
The courtyard is slabbed and enclosed by a wall boundary and there is an outside tap.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Mulberry Street, Teignmouth, TQ14
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