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 house · TQ14 9BR
For saleListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A fantastic opportunity to purchase a 75% share of this two bedroom mid terrace home.
Located in a convenient position close to local shops and schools and benefiting from front and rear gardens and off-road allocated parking for two cars.
Accommodation comprises: Entrance hallway With wood framed double glazed window to front aspect. Radiator, fuse box, under stairs storage cupboard.
Kitchen Fitted with a range of matching wall and base units with composite sink and drainer with mixer tap, tiled splash back, black rolled edge work top, space for cooker, wall mounted extractor hood, space for washing machine, tumble dryer, dishwasher and fridge freezer.
Wood framed double glazed window to front aspect. Wall mounted combination boiler. Extractor fan. Glass paned door leading into the...
Living room With a feature media wall with inset electric fire and storage to either side. Large under stairs cupboard providing storage.
Wood framed double glazed window and door leading onto the rear garden. Radiator. First floor landing Access to partially boarded loft space. Cupboard providing storage.
Bathroom A modern fitted suite comprising bath with mixer tap over and mains powered shower with wall mounted taps, vanity wash hand basin, low level WC, heated towel rail, shaver socket, extractor fan, obscure wood framed double glazed window to rear aspect.
Bedroom two Wood framed double glazed window to rear aspect. Radiator. Bedroom one Wood framed double glazed window to front aspect. Radiator. Built in wardrobe.
Outside The rear garden is mainly laid to patio with steps leading to a raised decking area with storage underneath.
A water feature sits at the top of the garden and a gate gives access to a path which conveniently leads to a path with access to fourth Avenue. Outside power point. Garden shed.
To the front of the property the garden is mainly laid to lawn. Outside tap. 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 Bunting Close, Teignmouth
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