2-bedroom bungalow · TQ2 8PA
For saleListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ** guide price: £325,000 - £350,000 ** Combining modern improvements with future potential, this exceptional home has been extensively upgraded throughout this year, making it an ideal purchase for buyers seeking a property they can move straight into with complete peace of mind.
Perfectly positioned in a quiet residential area surrounded by similar detached homes, the property enjoys easy access to a range of local amenities whilst also benefitting from excellent local bus services.
Nature lovers and outdoor enthusiasts will appreciate the close proximity of Brunel Woods, scenic coastal walks, and the beautiful Watcombe Beach, offering the perfect balance of convenience and lifestyle.
Approaching the property, the generous flat corner plot immediately stands out, wrapping around the bungalow to provide attractive outdoor space with excellent privacy and plenty of space for gardening, relaxing or entertaining.
The size of the plot also offers potential for buyers looking to further enhance the property over time, subject to any necessary permissions.
Internally, the bungalow has been thoughtfully modernised to a high standard.
The welcoming entrance leads through to a spacious and light-filled lounge/dining room with double aspect window looking out to the front.
This room provides a versatile living space ideal for both everyday living and entertaining.
The accommodation flows effortlessly into a brand-new fitted kitchen, installed this year, featuring contemporary wall and base units, quality worktops and flooring, an integrated oven/hob, an extractor fan, a wall mounted cupboard housed combination gas boiler with recent Gas Safety Certificate, plumbing for a washing machine and space for a large fridge/freezer, creating a stylish and practical heart of the home.
Both double bedrooms are well-proportioned and offer comfortable accommodation, while the bathroom is conveniently positioned to serve the home and featuring a double walk-in electric shower, extractor fan and modern wash hand basin and low-level WC.
Throughout the property, every effort has been made to create a fresh, modern finish with new carpets and flooring throughout, new radiators, new internal doors, and new window handles and locks have been fitted to enhance both comfort and security.
The extensive programme of improvements continues externally, where the property benefits from a new roof, completed this year, together with new fencing and rear access garden gate, creating an attractive and secure boundary.
A particular valuable feature is the integral garage which has power and lighting and can be accessed directly from within the property or via a traditional up and over external door.
In addition to providing excellent storage or secure parking, the garage offers exciting potential, subject to necessary consents, to be converted into additional living accommodation such as a third bedroom, home office or further reception room, allowing buyers to adapt the property to suit their own needs.
This impressive bungalow represents a fantastic opportunity to acquire a substantially improved home in one of Watcombe's most desirable residential locations.
Offering stylish, single level, move-in-ready accommodation, a generous wraparound flat corner plot, future extension potential, and the added benefit of being sold with no onward chain, this property is perfectly suited to downsizers, families, retirees and those simply looking for a high-quality home in a convenient coastal location.
Early viewing is highly recommended to fully appreciate the quality of the renovations, the generous plot, and everything this outstanding bungalow has to offer. Council Tax Band: D Tenure: Freehold
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
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FAQ
About 26 Peasland Road, Torquay
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