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 semi-detached house · EX38 8BN
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a superb position within easy reach of Great Torrington's wide range of shops, cafés and everyday amenities, Peel House enjoys a unique setting alongside St Michael & All Angels Church.
A pathway through the churchyard provides a charming approach to the property, while the town square and nearby bus routes are both just moments away.
A picturesque, cobbled path leads to the welcoming entrance porch, which opens into a central hallway providing access to the principal ground floor accommodation.
The spacious living room is bright and inviting, benefiting from dual-aspect windows that allow natural light to flood the room.
A feature multi-fuel stove creates a cosy focal point, making it an ideal space to relax.
Double doors open into the well-appointed kitchen/dining room, where the current owners have sympathetically updated the space while retaining the property's character.
Fitted with a range of base units, an inset ceramic butler sink, plumbing and space for appliances, and a range-style cooker, the room also features an attractive fireplace.
With ample room for dining, it's perfectly suited to both everyday family life and entertaining guests.
To the rear of the property, a useful lobby provides access to the enclosed courtyard and separate utility room, which offers plumbing for a washing machine.
Upstairs, the landing leads to three generously proportioned double bedrooms and a modern shower room.
Each bedroom enjoys excellent natural light, with two of the rooms overlooking the neighbouring church and churchyard.
Formerly the town's police station, Peel House is a home rich in history and period charm.
Thoughtfully modernised over the years, it now combines its character features with the convenience of gas central heating and mains water, electricity and drainage, offering comfortable modern living in a truly distinctive property.
From the Town Square take the South Street exit and turn right into New Street where the property will be seen on the right hand side.
If walking from the town take the cobbled pathway through the Church and the property will be seen immediately on the left as you exit into New Street.
///oval.frightens.narrow Entrance Hall Sitting Room (4.93m x 4.55m) Kitchen/Diner (5.03m x 4.93m) Landing Bedroom (5.05m x 3.84m) Bedroom (4.93m x 3.25m) Bedroom (3.6m x 2.36m) Shower Room Viewing Arrangements Strictly by appointment with the selling agent Services All mains services, water and drainage connected.
Tenure Freehold EPC D Council Tax Band B
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
.png)
FAQ
About Peel House, 7, New Street, Devon
Explore nearby