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 detached house · TQ8 8BE
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY AUCTION UNLESS PREVIOUSLY SOLD Long Reach is an attractive three/four-bedroom detached home in Salcombe, enjoying a superb elevated position with far-reaching views across the Salcombe Estuary and surrounding countryside.
The property offers well-proportioned accommodation arranged over two floors, with light-filled living spaces, a balcony and generous landscaped gardens.
A large terrace provides an excellent setting for outdoor entertaining while taking full advantage of the stunning outlook.
The property also benefits from a utility a garage and driveway parking, making it an appealing coastal home or holiday retreat.
METHOD OF SALE The property will be offered for sale at Harbour House, Kingsbridge, TQ7 1JD subject to a reserve price on the 17th September 2026 at 3PM prompt. Unless previously sold.
DEPOSIT A 10% deposit based on the sale price will be payable at the fall of the hammer and in addition a 1% buyer’s premium will be payable to the vendor’s sole selling agents by means of a BACS payment at the time and venue of the auction.
PROXY BIDS Those not able to attend the auction but intend to use a proxy must complete and return a proxy form and have with them at the time of the auction a cheque made payable to the vendor’s solicitor for 10% of the guide price.
SPECIAL CONDITIONS OF SALE Copies of the Special Conditions of Sale can be obtained from either the vendor’s sole agents, Marchand Petit, Salcombe Office, , , or from the vendors solicitors, Beers Solicitors, BUYERS PREMIUM A Buyer’s Premium of 1% plus VAT of the hammer price will be payable to the sole agents and auctioneers in addition to the purchase price and deposit payable to the vendor’s sole agent at the auction.
In the event the property is sold prior to auction or after the auction the Buyer’s Premium remains payable to the vendors sole agent in accordance with the contract.
MONEY LAUNDERING REGULATIONS All interested buyers attending the auction and intending to bid should register for anti-money laundering purposes providing proof of identity and address in order that we can comply with Money Laundering Regulations.
COMPLETION To be agreed. AUCTION CONDITIONS Our standard auction conditions can be viewed on our website under Marchand Petit's Standard Auction Conditions.
VIEWINGS Strictly by appointment with the vendors sole agents, Marchand Petit, Salcombe, Services Mains water, electricity, gas, and drainage. Gas central heating.
Fixtures and Fittings All items in the written text of these particulars are included in the sale. All others are expressly excluded regardless of inclusion in any photographs.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
Viewings Very strictly by appointment only through Marchand Petit (Salcombe Office) Tel:
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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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 Long Reach, Bonaventure Road, Salcombe, Devon
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