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 work4-bedroom semi-detached house · TQ9 5DE
Listing removedListed 127 daysAuction 30 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A four-bedroom semi-detached home requiring refurbishment with garden, garage and parking, offered with no onward chain. Situated in a popular location in the centre of Totnes Town Centre.
Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Thursday 30th July 2026 at 1.00pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website - on the Auction Page.
Situation - The property is situated on the level in the centre of Totnes, only a couple of minutes walk to the main High Street.
Totnes provides a comprehensive range of amenities including independent shops, supermarkets, primary and secondary schooling, mainline railway station and access to the A38 Devon Expressway linking Exeter and Plymouth.
Description - A four-bedroom semi-detached house requiring modernisation, Including a ground floor 1 bedroom annexe, offering well-proportioned accommodation arranged over three floors together with an enclosed patio garden and integral garage.
The property presents an opportunity for improvement and is considered suitable for owner-occupation, investment or resale, subject to the necessary consents.
Accommodation - The front door opens into the hallway, which in turn provides access to the inner hall and rear.
Originally built with two single garages, the first garage has been converted for use as an office.
Completing the ground floor accommodation is a well proportioned 1 bedroom annex comprising of a utility room, bathroom, living room and bedroom.
However, this accommodation could easily be incorporated back into the main house to create two further double bedroom and family bathroom.
Stairs lead from the inner hall to the first floor and from the landing you access the spacious living room with sliding doors opening to a sun terrace/balcony.
The kitchen, fitted with a range of base and wall units, work surfaces, stainless steel sink unit and space for appliances.
On this level there is also a double bedroom bedroom, a double room to the front, and shower room. On the third floor there is a spacious principal bedroom with dressing area and en-suite.
Outside - The property is approached via an unadopted road accessed from Coronation Road. To the front, there is an off road parking area suitable for 3 vehicles.
To the rear, there is an enclosed patio garden with a south facing aspect. Services - Mains water, mains drainage, mains electricity and mains gas. Gas-fired central heating. EPC Band: C.
Tenure: Freehold Proof Of Identity - Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.
There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS & ADMINISTRATION FEES The successful purchaser(s) will be liable to pay the Buyers Fee and Administration Fee, collected by Bamboo Proptech immediately post auction.
Buyers Fee - £4,800 inc VAT (retained by Stags/Bamboo Proptech as a contribution towards the online platform costs.) An additional administration fee of £1,200 plus VAT will be payable by the successful purchaser immediately after the auction.
Deposit Payment - The Seller and Buyer agree that the winning Bidder will transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction.
The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange.
It is essential that you instruct your solicitor in advance of the auction.
Legal Pack - Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
Prospective purchasers will need to register with the Bamboo Proptech online platform in order to download the legal pack.
It is the purchaser’s responsibility to make all necessary enquiries prior to the auction.
Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
Completion - The completion date will be as dictated by the solicitor and included in the legal pack. Solicitor Acting - Ella Brennan of Windeatts Solicitors 58-60 Fore Street, Totnes, Devon TQ9 5RU.
Tel: . Email: ella. Definition Of Auction Guide & Reserve - Guide price(s) are an indication of the seller’s expectation.
Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Guide prices may change at any time prior to the auction.
Special Conditions Of Sale - Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail.
Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About Mill Tail, Totnes
Explore nearby