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 flat · TQ9 5UQ
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***cash buyers only*** Situated within close walking distance of the Town Centre and River Dart, is this three bedroom ground floor apartment requiring modernisation.
Offering spacious accommodation and communal gardens, the property offers kitchen/diner, lounge, three good sized bedrooms, bathroom and separate WC.
A communal parking area is positioned a short distance away. Offered for sale with no onward chain.
Kitchen/diner 9' 10" x 18' 7" (3.00m x 5.68m) Entered via a double glazed door to the kitchen/diner, fitted with a range of base and eye level units with worktop space over, stainless steel single drainer sink unit, space for gas or electric cooker, plumbing for washing machine, space for fridge/freezer, double glazed window to the front elevation, radiator, door to the hallway.
Hallway Doors leading to the bedrooms, lounge, bathroom, and WC.
Door to storage cupboard housing the gas combination boiler serving the hot water and central heating system, door to further storage cupboard.
Lounge 13' 1" x 13' 11" (4.01m x 4.25m) Double glazed sliding patio doors to the rear elevation overlooking the communal gardens, radiator.
Bedroom 1 12' 0" x 13' 4" (3.66m x 4.08m) Double glazed window to the side elevation, radiator.
Bedroom 2 8' 10" x 13' 5" (2.70m x 4.09m) Double glazed window to the rear elevation overlooking the communal garden, radiator.
Bedroom 3 7' 3" x 10' 2" (2.21m x 3.10m) Double glazed window to the side elevation, radiator.
Outside There is a communal garden area located to the rear of the building and a communal parking area is located close by. There is a small storage cupboard positioned in front of the entrance door.
Property information Tenure: Leasehold Council Tax: Band A Lease Term: A brand new 999 year lease will be issued on completion Service Charge - Approximately £660 per annum Buildings Insurance - £155 per annum Communal Parking & Garden Area Mains Gas & Electric Mains Water & Drainage
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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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.
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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 17, Parkers Close, Totnes
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