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 detached house · TQ3 1DP
Listing removedListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION A two bedroom detached bungalow, situated in the highly popular Higher Preston area served by local shopping parade and excellent ring road access.
The bungalow offers spacious living accommodation with good sized rooms throughout.
The bungalow has been well maintained and will ideally suite those looking for retirement with level gardens, drive and garage.
The accommodation comprises:- uPVC double glazed front door to:- ENTRANCE PORCH uPVC double glazed window and doors. Door to:- LARGE HALLWAY Double central heating radiator.
Access to insulated loft space with loft ladder. uPVC double glazed window. Combi gas boiler for central heating and domestic hot water.
LOUNGE/DINER Real flame gas fire with stone fireplace and hearth. uPVC double glazing. Central heating radiator. KITCHEN/BREAKFAST ROOM Range of 1.5 bowl sink unit with range of wall and base units.
Further wall and base units. Inset gas cooker, washing machine and fridge and freezer. Concealed extractor. Door to:- CONSERVATORY uPVC double glazed window and door. BEDROOM ONE uPVC double glazing.
Central heating radiator. Built in wardrobe. BEDROOM TWO uPVC double glazing. Central heating radiator.
SHOWER ROOM Modern walk in walk out shower cubicle with mains shower, pedestal wash basin, low level WC, uPVC double glazing, heated towel rail, natural flooring.
OUTSIDE Brick paved driveway and parking for 2/3 cars onto garage. GARAGE Power and lighting. Metal up and over door. FRONT GARDEN Small lawned garden area with shrub boarders.
REAR GARDEN Level gardens laid to lawn with patio area and shrub boarders. Side access.
Verified Material Information Council Tax band: C Tenure: Freehold Property type: Bungalow Property construction: Standard construction Energy Performance rating: No Certificate Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone - OK, Three - Good, EE - Good Parking: Garage and Driveway Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
AGENTS NOTE These details are meant as a guide only. Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
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

FAQ
About Preston Down Road, Preston, Paignton
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