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 · TQ12 1DR
Listing removedListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well presented two bedroom home is situated in a popular area close to Newton Abbot town centre making it an ideal choice for first-time buyers, downsizers, or investors.
As you arrive, you are welcomed by off-road parking for 2 cars, before stepping into the porch and spacious hallway. There is convenient downstairs WC, fitted with a low level WC and wash hand basin.
From here, you move into the kitchen, which offers a range of wall and base units with work surfaces over, an integrated 4 ring gas hob, electric oven, dishwasher and space for a free-standing fridge/freezer and plumbing for a washing machine.
The lounge is generously sized, filled with natural light, and ready for you to add your personal touch. French doors open out onto a small paved area, creating a lovely spot to enjoy the fresh air.
There is a handy garden shed and undercover shelter that has previously been used as a motorbike store.
Upstairs, the property offers two well proportioned double bedrooms, both benefiting from plenty of natural light.
One bedroom has the added bonus of an en-suite, comprising a walk-in shower, low-level WC, and wash hand basin.
Completing the accommodation is a family bathroom, fitted with a bath, low-level WC, and wash hand basin. The property further benefits from gas central heating and double glazing.
With its practical layout, off-road parking, and excellent location, this home is a fantastic opportunity to create a space tailored to your own style while enjoying the convenience of being close to shops, amenities, Newton Abbot Train Station and the town centre.
Council Tax Band: C (Teignbridge District Council) Tenure: Freehold Please Note *** Draft details and subject to change ***
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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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
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FAQ
About 1 Forde Place, Newton Abbot
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