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 work3-bedroom house · TQ3 2QJ
For saleReduced £10k (−3.7%) on 1 SepListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £270,000 - £280,000 Please Quote JK1243 - Tucked away within a sought-after cul-de-sac in the heart of Preston, this three-bedroom home presents a wonderful opportunity to enjoy a relaxed coastal lifestyle while creating a property truly your own.
Ideally positioned close to a range of local amenities and within easy reach of Preston Sands beach, the location perfectly balances convenience with the charm of seaside living.
Whether it's morning walks along the coastline, coffee by the sea, or enjoying everything this popular area has to offer, this home provides the ideal base from which to embrace the lifestyle many dream of.
Approaching the property, a private driveway and garage provide ample parking, while the wrap-around gardens to the side and rear offer excellent outdoor space for families, gardeners, or those who simply enjoy relaxing outdoors.
Stepping inside, the welcoming entrance hall leads through to a spacious lounge/dining room, creating a versatile living space ideal for both everyday family life and entertaining friends.
The fitted kitchen connects seamlessly to a bright conservatory, a lovely spot to unwind with a morning coffee, enjoy a good book, or simply take in views of the garden throughout the seasons.
A useful understairs cupboard benefits from existing plumbing and offers excellent potential to create a convenient cloakroom/WC if desired.
Upstairs, the accommodation continues with three generously proportioned bedrooms, providing flexibility for growing families, home working or visiting guests.
The principal bedroom enjoys the added luxury of an en-suite shower room, while a family bathroom serves the remaining bedrooms.
Requiring some updating, this property offers buyers an exciting opportunity to add their own style, modernise to personal taste and create a home that perfectly reflects their lifestyle.
Combining a desirable location, generous accommodation and fantastic potential, this is a home ready for its next chapter.
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 11, Washington Close, Paignton
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