2-bedroom bungalow · TQ1 3JH
Listing removedReduced £10k (−3.7%) on 27 JunListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ever popular Shirburn Road, this two bedroom detached bungalow offers fantastic potential and a highly convenient position close to local amenities, transport links and Torquay town centre.
Set back from the road, the property benefits from driveway parking for two vehicles along with a single garage equipped with water and power, ideal for storage.
About This Property An entrance porch with built in storage opens into a spacious central hallway that provides access to all rooms.
To the front of the bungalow is a bright and welcoming living room featuring a gas fire and a pleasant outlook to the front.
The kitchen is positioned at the rear, offering scope for modernisation and direct access to the rear of the property.
There are two generous double bedrooms, each complete with built in wardrobes, along with a bathroom and a separate WC.
Externally, the property enjoys a small rear courtyard with a greenhouse, as well as a front patio area that provides a low maintenance outdoor space.
While the bungalow would benefit from some updating, it presents an excellent opportunity to create a comfortable home in a soughtafter location.
Material Information What3words: ///price.forgot.juror Tenure: Freehold Council Tax: Band D with Torbay Borough Council Mains: Gas, electricity, water and drainage Heating: Gas central heating Parking: Off road driveway parking plus single garage Rights and Restrictions: Call office Metalliferous Mine Search Required.
This does not mean there is definitely a mining threat to your property; however, MineScanner® has identified a threat somewhere within a 2000m radius & that a Mining Search report is needed to discount or clarify any further risks
Value & comps
No previous sales on record.
Returns
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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 Patterdale,, Shirburn Road, Devon
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