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 work2-bedroom house · TQ14 9PB
Listing removedReduced £5k (−2.5%) on 20 JunListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A barn conversion situated in a tucked away location on the outskirts of Teignmouth enjoying a wonderful rural setting.
The property boasts open plan reception with lounge dining area and a well appointed kitchen.
There is a ground floor cloakroom, two bedrooms, bathroom, private garden, residents parking and communal grounds. The property is offered for sale with no onward chain.
Obscure glazed entrance door into the... Entrance hallway With night storage heater. Stairs rising to the first floor. Doors leading to principal rooms.
Cloakroom/WC With vanity wash hand basin, low level WC, extractor fan. Living room With night storage heater. Cupboard housing the electric meters and fuse box. Dual aspect double glazed windows.
French style uPVC double glazed doors open onto the rear garden. Double glazed doors opening into the... Conservatory With power points. Doors opening onto the rear garden.
Kitchen Fitted with a range of matching wall and base units, stainless steel sink and drainer with mixer tap, space and plumbing for washing machine, double glazed window, space for cooker.
First floor landing Access to loft space. Bedroom one Dual aspect double glazed windows, night storage heater, built in wardrobe with sliding doors and airing cupboard. Bedroom two Electric heater.
Double glazed window. Bathroom Fitted with a matching white suite comprising bath with electric shower over, low level WC, wash hand basin.
Outside To the rear of the property there is a private enclosed garden which is tiered over three levels. There are also communal grounds to enjoy which is lawned and enjoys stunning views of the sea.
EPC Rating: E
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
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FAQ
About 7 Venn Farms Barn, Teignmouth
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