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 work1-bedroom flat · TQ1 2RJ
Sold STCReduced £10k (−14.3%) on 21 JulListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Pegg Estates is pleased to offer this well presented and large one bedroom retirement apartment in the popular residential area of Wellswood in Torquay.
The property is situated in an over 60's retirement complex with an in-house site manager with access to a well maintained and beautiful communal garden.
The property has had a renewed lease to offer in excess of 130 years and has been fully modernized to offer that 'move straight in feeling'.
The home features a communal entrance with lifts and stairs to all floors, this one located on the second floor, private entrance hall with two storage cupboards, lounge, kitchen, bedroom with large walk-in-wardrobe and shower room Council Tax Band: B Tenure: Leasehold Living Room 16' 8" x 10' 1" Kitchen 7' 6" x 7' 4" Bedroom 14' 5" x 9' 1"
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
FAQ
About Flat 29, Glenside Court, Torquay
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