3-bedroom detached house · TQ2 6UP
Under offerListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• FH Price: £475,000 Asking Price A well-presented and carefully maintained detached bungalow, built in the 1960s and situated in a most convenient position on the popular Livermead hillside.
The property occupies a level plot with level access to the front door, making it particularly well suited to those seeking comfortable, single-storey living.
The bungalow has been subject to a thorough programme of improvement and is offered in excellent order throughout.
Freshly laid carpets run throughout the principal rooms, with new vinyl flooring in the kitchen and bathrooms.
Further improvements include a newly installed consumer unit and smart meters for both gas and electricity, and the gas boiler has been recently serviced.
The property benefits from double glazing and gas central heating.
Accommodation comprises a generous living room with adjoining dining room, a separate fitted kitchen, three double bedrooms with en-suite to the master, a family bathroom, and a useful lower ground floor storage area.
A particular feature is the rear sun deck, accessed directly from the dining room via sliding patio doors, which overlooks the well-tended rear garden.
The generous reception hallway is notably spacious and, subject to the necessary planning consents and building regulations, could accommodate a staircase to a loft conversion – a scheme already carried out by a number of neighbouring properties to very good effect.
Offered with vacant possession and no onward chain, this is a property that thoroughly merits an early viewing.
Location: The property sits most conveniently on the popular Livermead hillside, with the local parade of shops on nearby Roundhill Road just a few hundred yards away, and Preston Primary School within a similar distance – making this an exceptionally practical address for young families.
Livermead Beach is within a comfortable half-mile stroll, whilst Torquay town centre – with its harbour, railway station, Princess Theatre, and the wide variety of shops and restaurants one expects from the South Devon coast – is around one and a half miles distant.
The neighbouring town of Paignton, with its own town centre, seafront and mainline railway station, is approximately two and a half miles away.
Cockington Country Park, one of the most visited attractions in the South West, is within easy reach, as are the coastal walks of Scadson Wood and the South West Coast Path.
Exeter and the M5 motorway are approximately 22 miles distant, and Exeter Airport provides both domestic and international connections. Take the Virtual Tour here:
Value & comps
No previous sales on record.
Returns
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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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About Livermead, Torquay, Devon
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