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 work3-bedroom bungalow · TQ12 3JX
Listing removedReduced £15k (−4.4%) on 23 JulListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 3 bedroom bungalow with conservatory, garage, driveway and large garden near amenities.
Description Spacious 3 bedroom bungalow with extended kitchen/breakfast room, conservatory, garage and large garden with sheds.
The three bedrooms to the rear of the property all have a lovely outlook onto the back garden, whilst the lounge and converted bathroom/wet room to the front.
This property is on a level plot and would be ideal for those looking at future proof living, keen gardeners and prefer to be close to amenities.
This property must be seen to appreciate what it has to offer.
Material Information What3words: ///tips.mysteries.learn Tenure - Freehold Local Authority - Teignbridge Council Council Tax Band - D Mining Check - Low risk Parking – Driveway with ample parking Mains Services - Electric, Gas, Water, Drainage Heating - Gas Central Heating
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
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FAQ
About 1, Greenbank Avenue, Newton Abbot
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