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See how verdicts work2-bedroom terraced house · TQ14 9HS
Sold STCReduced £5k (−2.4%) on 27 OctListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a refurbished mid terraced cottage located in a convenient location close to Teignmouth town and beaches.
There is a lounge, separate dining room, modern kitchen, two bedrooms, family bathroom and an enclosed courtyard garden. NO CHAIN.
A uPVC glazed front door opens to the entrance hallway where stairs rise to the first floor and there are doors off to the lounge and dining room.
The lounge has a window overlooking the front and a feature fireplace.
The dining area also has a feature fireplace with an opening to the kitchen which has a window overlooking the side as well as a door leading out to the sun room and garden.
The modern kitchen, fitted with a range of base and wall units with work tops, has an integrated electric oven and four ring gas hob and there is space for a fridge/freezer.
There is plumbing and space for a washing machine with space for further appliances and a cupboard housing the combination boiler.
Ascending the stairs to the spacious landing, there are doors off to the bedrooms and bathroom and there is access to the loft space.
There are two bedrooms, the master is a good size room and overlooks the front and has a feature fireplace. The other double bedroom overlooks the rear and has an original fireplace with grate.
The bathroom comprises bath with mains fed shower and screen, pedestal wash hand basin and low level dual flush WC. There is an obscure glazed window to the side and a great size storage cupboard.
Tenure: Freehold Council Tax Band A: £1,724.91 per year Mains Services: Gas, Electric & Water all connected Broadband: Ultrafast 1000 Mbps (According to OFCOM) MEASUREMENTS: Lounge 11’01” x 10’00” (3.40m x 3.00m), Dining Room 13’02” x 10’09” (4.00m x 3.30m), Kitchen 9’05” x 6’01” (2.90m x 1.90m), Bedroom 13’02” x 11’01” (4.00m x 3.40m), Bedroom 10’09” x 8’05” (3.30m x 2.60m), Bathroom 9’05” x 6’01” (2.90m x 1.90m).
EPC Rating: C Rear Garden To the rear of the property there is a good sized courtyard with plenty of room for tables and chairs.
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 Grove Avenue, Teignmouth, TQ14
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