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 terraced house · TQ12 3EA
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A well-presented two bedroom mid-terraced house situated within a retirement development for the over 60s, offering comfortable accommodation, a garage located within the block, private garden and communal gardens with a pond.
On entering the property, the entrance hall leads through to a good sized lounge/diner, providing a bright and comfortable space for both relaxing and dining.
The well presented kitchen is fitted with a four-ring electric hob, electric oven and grill, together with space for a fridge/freezer and washing machine.
From the lounge, there is access to the conservatory, offering an additional versatile living space with views towards the rear patio.
The ground floor also benefits from a shower room comprising a shower cubicle, low-level WC and wash hand basin.
Upstairs, the large principal bedroom benefits from built-in storage, while the second bedroom is also a generous single room with built-in storage.
A further shower room provides a walk-in shower, low-level WC and wash hand basin.
To the rear is a private patio area, while residents can also enjoy the well-maintained communal grounds, which include areas of grass lawn and a pleasant pond.
Further benefits include double glazing throughout and gas central heating.
Longford Lane is situated in the popular area of Kingsteignton, offering convenient access to a range of local amenities including shops, cafés, pubs and health facilities.
The area is well connected by road, with easy access to the A380 and Newton Abbot, while regular bus services provide links to the surrounding towns.
Council Tax Band: C (Teignbridge District Council) Tenure: Leasehold (964 years) Ground Rent: £50 per year Service Charge: £1,842 per year Please note the maintence charges are for 2025.
We do not hold 2026 or 2027 charges. Please note pets are allowed with the freeholder's permission.
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
FAQ
About 33 Fairwaters, Longford Lane, Newton Abbot
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