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 · TQ14 8FH
For saleReduced £10k (−4.7%) on 27 OctListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a spacious two bedroom property with light and airy open plan living area and sea views to the Ness and down the River Teign.
Close to the town and beaches, it takes a matter of minutes to get to the beach and it has private parking. The large windows make the most of the light and views.
The property is part of a terrace of 4 and they all share the freehold.
A pedestrian and vehicle security entrance opens in to a communal garage with an allocated parking space and storage with an electrically operated remote control roller garage door.
Covered steps ascend to the main entrance door in to this property. Directly outside this door, the length of the property, there is a brick paved covered area.
The entrance hall has stairs to the first floor landing with an under stairs cupboard with radiator. There is a further storage cupboard, entry phone handset, radiator and laminate floor.
The living room is a good size with continuation of laminate flooring, modern focal point fireplace with combined electric and fanned convector heater (from the central heating system).
There are uPVC double glazed tilt and turn windows to the front with fitted blinds with an outlook over neighbouring properties to Shaldon with the railway line below.
There is a television and telephone point and four wall light points. The kitchen is modern with a range of white base and wall units, one of which houses the recently replaced boiler.
There is a sink unit, integral electric oven and gas hob with hood over, wine cooler and microwave and there is plumbing for a dishwasher.
The mixer tap and cooker hood illuminate and there is skirting board and work top lighting in addition to ceiling spot lights.
Grey worktops incorporate a breakfast bar area where there is an arched opening to the living room. A uPVC double glazed window looks through to a covered courtyard.
On the first floor there is a landing with access to the roof space and doors to both bedrooms and bathroom.
Bedroom 1 is a good size double room with two double mirror-doored fitted wardrobes, radiators and two uPVC double glazed tilt and turn windows with fitted blinds with an elevated outlook over the town, River Teign, Shaldon and rural fields beyond.
Bedroom 2 has a uPVC double glazed tilt and turn window and radiator. The bathroom has a corner bath, close coupled WC, matching hand basin and corner shower enclosure with thermostatic mixer shower.
There is an obscure double glazed window, extractor vent and radiator and wall mounted mirror fronted medicine cabinet.
There is a communal bin store and a communal lobby with a communal laundry room where residents can put private washing machines and where there is a communal use commercial tumble dryer.
Service Charge £100 per annum plus 1/4 share of building insurance costs. Lease was 999 years. Council Tax Band C. There is central heating and double glazing.
MEASUREMENTS Lounge 17' 10" x 15' 10" (5.44m x 4.83m) Kitchen 9' 3" x 8' 5" (2.84m x 2.58m) Bedroom 1 15' 10" x 12' 7" (4.84m x 3.85m) Bedroom 2 11' 9" x 8' 5" (3.59m x 2.57m) EPC Rating: C Parking - Secure gated A pedestrian and vehicle security entrance opens in to a communal garage with an allocated parking space and storage with an electrically operated remote control roller garage door.
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
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 Parson Street, Teignmouth, TQ14
Explore nearby