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 flat · TQ2 5SF
For saleReduced £15k (−10.3%) on 20 AugListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive two bedroom apartment forming part of a fantastic new development just a stones throw from Torquay Sea front.
The apartment boasts a stunning open plan living, dining and kitchen area with plenty of room for entertaining. It also has two good sized bedrooms, bathroom and a spacious study.
It is just a short walk from Torquay Sea front with its numerous cafes bars and eateries. It is being offered for sale with no onward chain. Entrance Hall Wall mounted radiator.
Open Plan Lounge/Kitchen (17' 1'' x 29' 0'' max(5.20m x 8.83m)) Rear elevation double glazed windows. Wall mounted radiators. Fitted kitchen with wall and base units. Roll top work surfaces.
Sink with drainer. Fitted oven and hob. Space and plumbing for washing machine. Boiler. Study (8' 11'' x 7' 7'' (2.72m x 2.31m)) Wall mounted radiator.
Bedroom One (16' 7'' x 12' 2'' (5.05m x 3.71m)) Rear elevation double glazed window. Wall mounted radiator. Bedroom Two (10' 7'' x 16' 7'' (3.22m x 5.05m)) Rear elevation double glazed window.
Wall mounted radiator. Bathroom (7' 2'' x 12' 7'' (2.18m x 3.83m)) Bath with shower screen and shower over. Low level WC. Wash hand basin. Heated towel rail. Extractor fan. Tiling.
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){kind=logo}
FAQ
About 5, The Old Forge, Laburnum Street, Torquay
Explore nearby
