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 bungalow · TQ4 7SP
Sold STCListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a quiet cul-de-sac location but being easily accessible to Whiterock Primary School, as well as being close to the popular Churston Grammar School, as well as South Devon College.
There is also easy level access to the Cherrybrook shopping area, including a Co-op, newsagents, Chemist, Dentist and Doctors surgery.
This well presented two bedroom detached bungalow offers comfortable single level living in a convenient layout and is now offered for sale with no onward chain.
An entrance porch leads into the hallway with built-in storage, while the fitted kitchen provides a range of wall and base units, an integrated double oven and gas hob, and space for additional appliances.
The spacious lounge/dining room overlooks the rear garden and opens into the conservatory, creating a bright and versatile living space with access to the garden.
There are two good sized bedrooms, both with fitted wardrobes, and a bathroom fitted with a bath, electric shower over, wash hand basin, W.C and heated towel radiator.
Outside, the property benefits from low maintenance front and rear gardens, with the rear enjoying a good degree of privacy, mature shrubs, a timber shed and gated side access.
A garage with power and lighting completes the property.
Council Tax Band: D (Torbay Council) Tenure: Freehold Entrance Level approach with one step up and PVCu double glazed door leading into Entrance Porch Tiled flooring, PVCu double glazed windows, obscure door leading into Entrance Hall Feature panelling to walls, central heating radiator, power points, access to loft, two built-in storage cupboards, one housing the immersion heater, doors to Lounge/Dining Room PVCu double glazed window overlooking the rear garden and PVCu double glazed patio doors leading out to the conservatory, central heating radiator, power points, space for log burner inset to chimney breast.
Conservatory Polycarbonate roof, PVCu double glazed windows to all aspects and door leading out to the rear garden.
Kitchen Range of wall and base fitted kitchen units, PVCu double glazed window to front, stainless steel sink unit inset to work surfaces, integrated four ring gas hob, concealed extractor above, double oven, space and plumbing for washing machine, space for tall fridge/freezer, range of power points, tiled flooring, cupboard concealing gas boiler, electric consumer unit to wall.
Bedroom 1 PVCu double glazed window to rear overlooking the rear garden, central heating radiator, power points, fitted wardrobes with bi-fold doors.
Bedroom 2 Feature panelling to wall, PVCu double glazed window to front, central heating radiator, power points, fitted wardrobes with bi-fold doors. Bathroom/W.C.
PVCu double glazed obscure window to front, panelled bath with glass screen and electric shower over, close coupled W.C, chrome central heating towel radiator, fitted wash hand basin, part tiled and panelled walls.
Outside To Front The front garden is laid for ease of maintenance mainly laid to gravel chippings with pathways to both sides of the property with a range of mature hedging and shrubs.
Gated side access to the rear garden.
Outside To Rear The rear garden features a good degree of privacy, enclosed by fencing and mainly laid with areas to gravel chippings with slabbed pathways to both sides of the property.
With gated access on one side leading around to the front garden.
The garden also benefits from having a timber shed with space for garden tools, inset flower borders stocked with mature shrubs and bushes. Garage Manual up and over door, power and light.
Tenure - Freehold Council Tax Band: D (Torbay Council)
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.
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FAQ
About 114 Steed Close, Paignton
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