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 terraced house · TQ14 8TL
Listing removedListed 534 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive mews style-property in a sought after location with close access to a footpath to the town and promenade.
Well presented accommodation with sun room, spacious sitting room, kitchen/breakfast room and with bedroom one opening to a balcony with fantastic sea views.
Second double bedroom, modern shower room, terrace and parking. Access to the property is via the front patio area, upvc sliding patio doors lead into: Sun Room Gas and electric meters. Power. Tap.
Upvc entrance door into Entrance Porch Single glazed glass and paneled door into Living Room Stairs rising to first floor. Electric fire with granite style heart and wood mantle. Two radiators.
Upvc double glazed window to front aspect. Over porch storage cupboard. Understairs storage cupboard housing electric fuse box.
Double doors lead into Kitchen A large space with plenty of room for a dining table and chairs. Space for cooker, fridge freezer, space and plumbing for washing machine and dishwasher.
A range of matching wood effect wall and base units with display shelving and wine rack. Stainless steel sink and drainer with tiled splash back. Granite effect roll top work top. Extractor hood.
Upvc double glazed window to rear aspect. Radiator. First Floor Landing Smoke alarm Master Bedroom Vanity sink unit with tiled splashback. Upvc double glazed window to front.
Upvc double glazed door to balcony. Radiator. Loft hatch. Airing cupboard with storage. Bedroom 2 Double glazed window to rear. Radiator. Access to loft space which is partially boarded for storage.
Shower Room A modern fitted shower room with partially tiled walls. Walk in shower cubicle with glass sliding doors. Dual shower head. Extractor fan. Pedestal wash had basin. WC. Heated towel rail.
Balcony A fabulous south westerly facing balcony enjoying spectacular views out to sea, the ness in Shaldon and the estuary. Wrought iron railings. Plenty of space for outside seating. EPC Rating: C
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.
Area
Agent & docs
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FAQ
About 2 Seymour Mews Second Drive, Teignmouth
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