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 · TQ2 7FJ
For saleReduced £10k (−5.9%) on 29 SepListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This spacious ground floor apartment offers an abundance of space and a welcoming atmosphere, making it an ideal home for a variety of lifestyles.
As you step into the hallway there is a handy utility cupboard and you are led into a generous open-plan living area.
The kitchen features a range of modern wall and base units with stylish work surfaces, a 4 ring gas hob, electric oven, and space for a fridge/freezer.
Additionally, ample storage cupboards provide practicality and convenience.
The lounge is bright and airy, offering plenty of room for both relaxation and dining, making it the perfect space for entertaining guests or enjoying family meals.
From here French doors lead out to the patio area and to the communal grass lawn. The property boasts two well sized double bedrooms and a well-appointed bathroom.
This comprises a bath with mixer taps and shower over, low level WC and wash hand basin.
Externally, the property benefits from double glazing through and a from patio area, ideal for setting up outdoor seating where you can unwind and enjoy the warm summer evenings.
With its spacious layout, modern features, and inviting ambiance, this apartment is a fantastic opportunity for those looking to create a comfortable and stylish home.
The property is located in The Willows and is close to local shops, public transport, Torbay Hospital and schools.
Council Tax Band: B (Torbay Council) Tenure: Leasehold (982 years) Service Charge: £1,569.6 per year Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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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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 2 Explorer Court, Torquay
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