2-bedroom bungalow · TQ2 8NY
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, this two-bedroom detached bungalow presents an excellent opportunity for the new owners to modernise and add value.
This bungalow is a delightful find, providing both comfort and convenience in a sought-after location. It is only a short walk to public transport, local shops and Brunel woods.
Requiring updating throughout, the property provides a true blank canvas, ideal for those wishing to tailor the finishes to their own taste.
As you step through the porch, you are greeted by a spacious hallway, leading to the lounge, which is a highlight of the property, offering a generous space filled with natural light.
There are two generously sized double bedrooms, both bedrooms are bathed in natural light, creating bright and inviting spaces. Bedroom 2 also benefits from a built in wardrobe.
The family sized bathroom needs modernising and comes with panelled bath, low level W/C and wash hand basin. The kitchen is a good size and offers scope for someone to update to their own taste.
There is plumbing for a washing machine and a cooker point. Patio doors lead to the conservatory that is a good size and would make a great place to relax.
To the front is a driveway, garage and front garden that is low maintenance and offers opportunity for further parking.
To the rear is a good sized garden, which is perfect for hosting family gatherings, summer parties, or simply enjoying peaceful moments in the sun.
ADDITIONAL INFORMATION Tenure - Freehold Council Tax Band - D For prices & more information about Council Tax go to: Local Authority - Torbay Council EPC – TBC There is a water meter at the property.
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VIEWING ARRANGEMENTS For further information or to arrange a viewing please contact our Chelston Office on . DIRECTIONS What 3 Words: heave.tend.rope Sat-Nav: TQ2 8NY
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Peasland Road, TQ2
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