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 flat · TQ8 8JE
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the heart of Salcombe and conveniently close to Ferry Steps, the town centre and waterfront, Midships presents an exciting opportunity to acquire a stylish, bright and spacious two-bedroom 1,100 sq ft duplex apartment with glimpses of view from main bedroom and living room.
The property is accessed from the rear via almost immediately opposite the steps leading down to the Ferry Inn and the passenger ferry.
Upon entering, a welcoming entrance hall with a useful under-stairs storage cupboard leads into the open-plan sitting and dining room.
This wonderful space is flooded with natural light courtesy of the large sash windows that frame the outlook onto Fore Street.
Perfect for entertaining or relaxing, it flows seamlessly into the modern, well-equipped kitchen, creating another bright and inviting space.
The kitchen, in turn, leads to a separate utility room with a washing machine, tumble dryer, sink and clothes airer, providing additional convenience and storage.
A spacious shower room also serves this level.
Stairs rise to the first-floor landing, where there are two generously sized double bedrooms, both benefiting from the same light-filled ambience found throughout the property.
A modern family bathroom serves the bedrooms and is presented in fresh, contemporary style. A useful airing cupboard is located on this floor.
Externally, the property benefits from a detached sun terrace with sea and beach glimpses, providing an additional space for entertaining and further enhancing the appeal of this charming home.
Low maintenance, superbly located and presented in excellent condition, this duplex apartment is perfectly suited as a lock-up-and-leave holiday home or a highly desirable holiday let, allowing owners, family and guests to enjoy Salcombe in comfort throughout the year.
The beautiful estuary town of Salcombe is located in the heart of the South Devon region known as the South Hams, which is known for having an uncommonly temperate climate, verdant unspoilt countryside, hidden combs and a spectacular coastline.
Arguably one of the most sought after waterfront locations in the UK, Salcombe is the perfect setting for this beautiful home.
Once a thriving fishing village, Salcombe still retains much of its original charm and character.
The property sits within the short distance of the town, with its many restaurants, local pubs and boutique shops. More extensive shopping and amenities are available in Kingsbridge.
The Salcombe Estuary has numerous sandy beaches, coves and sheltered anchorages, all of which make it an excellent base for dingy sailing, water sports, boating and long walks along the beautiful coastline.
Services Mains services. Gas heating with remote control via Neomiser app. Fixtures and Fittings All items in the written text of these particulars are included in the sale.
All others are expressly excluded regardless of inclusion in any photographs. Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
Viewings Very strictly by appointment only through Marchand Petit (Salcombe Office) Tel:
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 Fore Street, Salcombe
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