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 bungalow · TQ4 5JP
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a popular residential area of Goodrington in a tucked away position close to Goodrington beach and the Leisure centre.
There are a number of supermarkets close by, together with easy access to Primary and Secondary Schools with a local bus route nearby.
This detached bungalow features a good size accommodation layout, being situated in Goodrington with a level approach.
The accommodation briefly comprises an entrance lobby with a separate cloakroom, lounge, kitchen with door to useful utility room, sun lounge with access to the rear garden and a dining room.
The remainder of the bungalow features two double bedrooms with fitted wardrobes and a family shower room/W.C.
Outside to the front there is driveway parking for several vehicles and a garden area laid to lawn with inset shrubs and bushes.
The rear garden is enclosed featuring a good degree of privacy with a sunny aspect, being south facing.
There is a seating area and steps down with the majority of the garden being laid to lawn with a pathway and a vegetable patch. There are timber sheds for storage and a greenhouse.
There is gated access to the side that leads to the front of the property. An internal viewing is recommended.
Council Tax Band: D (Torbay Council) Tenure: Freehold Entrance PVCu double glazed front door and window leading into Entrance Lobby Central heating radiator, burglar alarm control panel, built-in cupboard with hanging space.
Doors to Separate Cloakroom Corner wash hand basin, close coupled W.C, PVCu double glazed obscure window.
Lounge PVCu double glazed window to front and PVCu double glazed sliding patio door leading out to the rear garden, open fire, two central heating radiators, door to inner lobby.
Bi-fold door into Kitchen Range of wall and base kitchen units, integrated double oven and four ring gas hob with stainless steel extractor hood over, space and plumbing for dishwasher, space for fridge/freezer, power points, PVCu double glazed window to rear overlooking the rear garden, door to utility room, spacious built-in cupboard with shelving, opening and steps down to Sun Lounge Polycarbonate roof, PVCu double glazed windows and door to rear garden enjoying a sunny aspect, obscure glazed door leading to the front of the property.
Opening into Dining Room PVCu double glazed window to rear, power points, central heating radiator (Previously the garage).
Utility Room Built-in cupboards featuring lots of storage space, one housing hot water tank, another housing electric unit consumer and meter and gas meter.
Space and plumbing for washing machine, space for tumble dryer, gas boiler. Door into entrance lobby and door into kitchen.
Inner Lobby Accessed from the lounge with large built-in cupboard with shelving.
Doors to Bedroom 1 PVCu double glazed window to rear enjoying a sunny aspect and views over the garden, range of fitted wardrobes, central heating radiator, power points.
Bedroom 2 PVCu double glazed window to front, range of fitted wardrobes, central heating radiator, power points.
Family Shower Room/WC PVCu double glazed obscure window, tiled walls and flooring, large walk-in shower with glass screen and electric shower over, extractor fan to ceiling, wash hand basin inset to vanity unit, close coupled W.C.
Outside To Front There is driveway parking for several vehicles and a garden area laid to lawn with inset shrubs and bushes.
Outside To Rear The rear garden is enclosed featuring a good degree of privacy with a sunny aspect, being south facing.
There is a seating area with outside power points and security lighting and steps down with the majority of the garden being laid to lawn with a pathway and a vegetable patch.
There are timber sheds for storage (the larger one being wired for power and light) and a greenhouse. There is gated access to the side that leads to the front of the property.
Tenure - Freehold Council Tax Band: D (Torbay Council)
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
.png)
FAQ
About 194 Penwill Way, Paignton
Explore nearby