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 terraced house · TQ12 3TJ
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular and well-established New Cross Park development, this well-presented two-bedroom terraced home offers an excellent opportunity for first-time buyers, investors, or those looking to downsize.
Finished to a modern standard throughout, the property is ready for immediate occupation, allowing prospective purchasers to simply move in and enjoy.
The accommodation comprises an entrance hallway leading through to a spacious lounge/dining room, providing ample space for both relaxing and entertaining.
To the rear, the modern fitted kitchen overlooks the garden and offers a range of wall and base units with integrated cooking facilities.
Upstairs, the property offers two well-proportioned bedrooms, with the principal bedroom benefiting from built-in storage.
The family bathroom is fitted with a modern white suite comprising a bath with shower over, wash hand basin, and WC.
Externally, the property enjoys an enclosed rear garden, designed for low-maintenance living with a patio area ideal for outdoor dining and entertaining.
Additionally, there is an allocated parking space providing convenient off-road parking.
Located within easy reach of Newton Abbot town centre, local schools, transport links, and amenities, this property combines practical living with a desirable residential setting.
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
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
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FAQ
About 67, Newcross Park, Devon
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