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 work3-bedroom bungalow · TQ1 4SQ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £500,000 to £525,000 Occupying a generous corner plot and offered to market with no onward chain, this charming three-bedroom bungalow offers spacious and versatile accommodation, complemented by extensive wrap-around gardens, ample off-road parking, a double garage, and several useful outbuildings/workshops.
The property retains many of its original character features throughout, including decorative panelled and coved ceilings, picture rails, and original internal doors, adding charm and individuality to the home.
The accommodation comprises an entrance porch and hallway, a fitted kitchen with appliances, a spacious living room with feature fireplace, a separate dining room overlooking the garden, and a bright conservatory/sun room.
There are three well-proportioned bedrooms, two of which benefit from wash hand basins and all with fitted storage/wardrobes, together with a modern bathroom and separate cloakrooms/WCs.
Outside, the property is approached via a large driveway with two gated entrances, providing parking for several vehicles and access to the double garage with additional storage above.
The beautifully maintained gardens wrap around the property and feature expansive lawns, patios, mature shrubs and trees and a variety of seating areas, creating a private and attractive outdoor setting with a desirable south-facing aspect.
The plot extends to around a third of an acre in total, and approximately 650m2 gardens. The accommodation briefly comprises: UPVC double glazed door into the... Entrance porch With tiled flooring.
Cloakroom/WC With obscure double glazed window, tiled floor. Panelled door into the...
Kitchen Fitted with a range of matching wall and base units, gas hob with extractor fan over, sink and drainer with mixer tap, tiled splash back.
There is space and plumbing for a washing machine and dishwasher. Undercounter fridge and upright fridge freezer, radiator, vinyl flooring, cupboard housing hot water cylinder, coved ceiling.
Door into the... Hallway With thermostatic control for heating. Access to loft room and loft space with significant development potential STPP. Radiator. Glass panel door into the...
Living room A large reception room which is flooded with natural light and enjoys a beautiful outlook across the landscaped garden.
Coved ceiling, feature fireplace with electric fire, two radiators, large single glazed windows and doors open onto...
Sun room A beautiful sun room which can be used all year round, a perfect spot which overlooks the landscaped gardens. Velux style roof windows, radiator, tiled flooring.
Upvc double glazed outer windows throughout, with sliding door to patio and garden.
Dining room A spacious second reception room full of character features including an ornate and panelled ceiling, picture rails and feature fireplace.
Serving hatch to the kitchen, two uPVC double glazed windows to side and uPVC double glazed bay window overlooking the gardens.
Bedroom one Substantial master bedroom enjoying a dual aspect with double glazed bay window overlooking the garden and two Upvc double glazed windows to the side aspect.
Vanity wash hand basin with tiled splash back, two radiators, built in wardrobes. Coved ceiling. Bedroom two A good-sized double bedroom.
Picture rails, panelled ceiling, radiator, uPVC double glazed window to side aspect, pedestal wash hand basin with tiled splash back.
Cloakroom/WC Obscure double glazed window, Two in one toilet sink combo. Shower room Fitted with a walk in shower. Vanity unit with integrated wash hand basin and low level WC.
Obscure double glazed window, heated towel rail.
Bedroom three Radiator, double glazed window, panelled ceiling, fitted storage Outside The property is approached via a driveway which has two gated entrances and a pedestrian gate.
The driveway provides off road parking for several vehicles and is big enough for a motor home. There is a double garage with electric door, and outbuildings/workshops.
Greenacre boasts stunning landscaped gardens which are stocked with a variety of mature shrubs and trees, including acers, roses, and Torbay palms.
There are sweeping lawns, flower and vegetable beds, a potting shed, outside taps to rear and side, and patio and hard standing areas suitable for outdoor seating.
With a plot extending to around a third of an acre in total, and approximately 650m2 gardens.
Greenacre has huge potential for further development (STPP) and must be seen to appreciate the accommodation on offer. Early viewing highly recommended. Oieo £500,000 EPC Rating: D
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
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
.png)
FAQ
About Greenacre Teignmouth Road, Torquay
Explore nearby