Modern Method of Auction
Auction date not yet published
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 work4-bedroom bungalow · TQ2 7EF
For saleReduced £10k (−2.9%) on 13 OctListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Miller Estate Agents are delighted to present this substantial and versatile 3/4 bedroom detached converted bungalow, situated on the sought-after Marldon Road and enjoying far-reaching views across the surrounding area.
Offering flexible accommodation throughout, the property features a very large kitchen/dining room, ideal for modern family living and entertaining, alongside a spacious living room and a choice of two to three additional reception rooms, which could be utilised as further bedrooms, a home office, playroom, or formal dining room.
The property currently offers three well-proportioned bedrooms, with the potential for a fourth, together with a shower room and a separate WC.
While the home is perfectly habitable, it would benefit from updating and some renovation works throughout, presenting an excellent opportunity for buyers to modernise and add value while creating a property tailored to their own tastes and requirements.
Externally, the bungalow boasts a generous garden, perfect for families and outdoor entertaining, as well as a large driveway providing ample off-road parking for multiple vehicles.
Its detached position and elevated setting allow the property to take full advantage of its attractive views.
Offered to the market chain free, this is a rare opportunity to acquire a spacious home with fantastic potential in a desirable location.
Whether you are looking for a family home, multigenerational living, or a project with excellent scope for improvement, this property offers endless possibilities.
Auction details This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
FAQ
About 67, Marldon Road, Devon
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