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 property · TQ4 7PR
Sold STCReduced £5k (−5.3%) on 27 OctListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION Obscure UPVC double glazed entrance door through to :- UTILITY LOBBY - 7.2m x 1.18m (23'7" x 3'10") Two UPVC double glazed windows to the side of the property.
Wall and floor mounted units. Doors through to the Hallway and the Living Room ENTRANCE HALLWAY Cloaks cupboard housing circuit breaker box. Smoke alarm. Room thermostat. Coving.
Doors to :- KITCHEN/DINING ROOM - 3.5m Max x 3.3m Max (11'5" x 10'9") Range of wall and floor mounted units with rolled edge work surfaces and tiled splash backs.
One and a quarter bowl sink with mixer tap over. Stainless steel oven, hob and cooker hood. UPVC double glazed window to the side of the property. Cupboard housing modern boiler.
Central heating radiator. Wood effect flooring.
Open plan through to :- LIVING ROOM - 3.86m x 3.51m (12'7" x 11'6") Triple aspect UPVC double glazed windows, some enjoying views out over the park to open countryside in the distance.
Focal point, decorative fireplace with fitted living flame effect fire. Central heating radiator. Coving. Wall light points. Door through to the Utility Lobby.
BEDROOM 1 - 3.51m x 2.8m widening (11'6" x 9'2") Dual aspect UPVC double glazed windows to the front and side of the property. Range of fitted bedroom furniture. Dressing table.
Central heating radiator. Bedroom 2 - 2.48m x 2.1m (8'1" x 6'10") UPVC double glazed window to the side of the property. Central heating radiator.
BATHROOM - 2.12m x 1.64m (6'11" x 5'4") Obscure UPVC double glazed window to the side of the property. Three piece suite comprising pedestal wash hand basin, low level WC and bath with handgrips.
Towel radiator. OUTSIDE To the front there is a driveway giving off road Parking. Small side garden leading around to the rear. Useful metal shed (2.86m x 2.19m) Further garden area enjoying views.
Another side garden with greenhouse and patio areas leading back around to the front of the property. AGENTS NOTES You buy the property in perpetuity. All occupants must be over the age of 50 years.
You are allowed either 2 dogs or two cats or one of each. Current site fees are £153.38 per calendar month. Council Tax Band A. All mains services with the exception of gas. Driveway parking.
Openreach says that fibre to cabinet broadband is available in the street.
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 Totnes Road, Paignton, Devon, TQ4 7PR
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