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 property · TQ4 7PZ
For saleReduced £6k (−3.6%) on 30 JulListed 550 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation UPVC entrance door with double glazed insert leads into :- hallway Obscure UPVC double glazed side panel windows to the front of the property. Smoke alarm. Linen cupboard.
Access to loft space. Central heating radiator. Doors to :- kitchen/dining room - 5.83m x 3.58m Max (19'1" x 11'8") A spacious room.
UPVC double glazed windows and door overlooking and leading out to the rear of the property.
Extensive range of contemporary wall and floor mounted loss units with contrasting work surfaces extending out to form a breakfast bar. Single drainer dink with mixer tap over.
Integrated oven and microwave set within tower unit. Fitted hob with cookerhood over. Integrated fridge, freezer, washing machine and dishwasher. Central heating radiator.
Further UPVC double glazed window to the front of the property. Lounge - 5.83m x 3.24m (19'1" x 10'7") Large open plan living space.
There are two UPVC double glazed bay windows to the front and side also it has patio doors leading outside most enjoying views out over the site towards countryside in the distance.
Feature central fireplace with fitted electric living flame effect fire. Fitted wall lights. Central heating radiator. TV point.
Master bedroom - 3.2m x 2.85m (10'5" x 9'4") The master bedroom is of good size. There is a double glazed bay window enjoying views over the site to the countryside.
This bedroom also has an en-suite shower, and is accessed via a hall with useful built-in double wardrobes on either side. Central heating radiator.
En suite - 1.99m x 1.71m (6'6" x 5'7") Features an oversized corner entry shower cubicle with fitted mixer shower, vanity sink set within unit and WC. Tiled splashbacks. Central heating radiator.
Obscure UPVC double glazed window to the rear of the property. Extractor fan.
Bedroom 2 - 3m x 2.85m (9'10" x 9'4") Another double Bedroom with a UPVC double glazed window overlooking the rear of the property. Central heating radiator.
Two double wardrobes wardrobe with inset dressing table. TV point.
Bathroom - 2m x 1.9m (6'6" x 6'2") A modern 3 piece bathroom suite which comprising features a bath with shower mixer tap over, sink set within a vanity unit and low level WC.
Central heating radiator. Tiled splashbacks. Obscure UPVC double glazed window to the front of the property. Extactor fan.
Outside The property is set within level, low maintenance patio gardens with decorative balustraded entrance with a few steps and path to the front door. Courtesy lighting.
Several areas laid to sunny, level patios and seating areas surround the unit several enjoying views across the park towards countryside. Outside tap. Shed.
Allocated Car Parking space for Number 107 in the top main car park closeby. Agents notes The property is sold in perpituity. Council Tax Band A.
Service Charge £134.75 P/C/M water is included in this charge. Age restrictions all residents must be a minimum of 50 Years old.
We are informed that 1 dog or cat is allowed (on moving in you may have two but you cant replace it when it passes) Soak away drainage system.
Open reach broadband checker says that Superfast Fibre Broadband 31-47 Mbps download speed is available in the street. Electricity is purchased through the site from your own metered usage.
Gas is via lpg bottles freely available from various suppliers.
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 Falcon Park,107, Totnes Road, Paignton
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