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 house · TQ4 7FE
For saleReduced £7k (−3.1%) on 20 AugListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Front door with glazed insert leads into :- entrance hallway Central heating radiator. Smoke alarm. Stairs rising to the first floor.
Living room Double glazed window to the front of the property .Central heating radiator. TV point. Useful storage cupboard. Thermostat/programmer.
Open plan through to; kitchen - 3.65m x 1.71m (11'11" x 5'7") Double glazed window to the rear of the property.
Well fitted with a range of of modern wall and floor mounted units with complimentary worksurfaces. Fitted oven, hob and cooker hood. Single drainer sink with mixer tap over. Tiled effect floors.
Downlighters. Smoke alarm. Inner hallway Smoke alarm. Doors to :- bedroom 1 - 4.28m x 2.6m (14'0" x 8'6") A double room. Double glazed window to the front of the property. Central heating radiator.
Fitted double wardrobe. Bedroom 2 - 3.16m x 2.85m (10'4" x 9'4") Another double room. Double glazed window to the rear of the property. Access to loft space. Central heating radiator.
Shower room Contemporary suite comprising wall hung wash hand basin and WC. Oversized walk-in shower with mixer shower and glazed screen. Extractor fan. Towel radiator. Downlighters. Velux window.
Tiled floors. Garage - 5.58m x 2.85m (18'3" x 9'4") Metal up and over door. Power and light. Personal door to the rear of the property. Door to :- utility room Wall mounted boiler. Work surfaces.
Space, plumbing and drainage for washing machine and tumble dryer. Circuit breaker box. Extractor fan.
Outside The property is approached via a tarmac drive with parking for at least one car and pathway to the front door wit ha hug porchway.
To the rear is sunny, enclosed, secluded, easy maintenance patio garden. Personal door leads into the garage. Agnet notes The property is Leasehold for 999 years from 2013.
All mains services are connected. Council Tax is Band B. Garage and Parking. Openreach days that fibre to cabinet broadband is available.
As with most new developments there is a yearly management charge to cover the maintenance of the open spaces which is £ per annum.
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 89, Mimosa Way, Paignton
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