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 house · TQ3 3YL
Sold STCReduced £5k (−2.4%) on 12 AugListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on the outskirts of Paignton, being within easy reach of Torbay Ring Road, to nearby towns and cities.
There are Primary & Secondary schools close at hand, together with good shopping outlets nearby including Morrisons, Asda, and Sainsburys.
This three bedroom mid terraced home offers well proportioned accommodation throughout and would make an ideal family home, first time purchase or investment.
The property comprises an entrance hallway, spacious lounge, kitchen/dining room with French doors opening onto the rear garden and a downstairs cloakroom.
Upstairs are three bedrooms and a family bathroom.
Outside, there are enclosed front and rear gardens, with the rear benefiting from a decked seating area, patio, external store and an allocated parking space.
Further benefits include gas central heating and double glazing. An internal viewing is recommended.
Council Tax Band: B (Torbay Council) Tenure: Freehold Entrance Steps up from front aspect and PVCu double glazed obscure door leading into Entrance Hallway Two large built in storage cupboards with shelving and one housing electric meter and consumer unit, further door to downstairs cloakroom, doors to Lounge Two PVCu double glazed part obscure picture windows to front and rear, two contemporary central heating radiators, TV aerial point, power points.
Door to inner lobby. Kitchen/Dining Room Dual aspect with PVCu double glazed window to front and PVCu double glazed French doors leading out to the rear garden.
Range of wall and base fitted units with shaker style front, integrated double oven and four ring electric hob with concealed extractor, stainless steel sink inset to the work surfaces, space and plumbing for washing machine, central heating radiator, power points, space for dining table and chairs.
Inner Lobby PVCu double glazed window and obscure door leading out to the rear recess, under stairs for storage, power points, stairs rising to the first floor, door to kitchen and lounge.
Downstairs Cloakroom Accessed from entrance hallway.
First Floor Landing Access to loft, central heating radiator, two built in large storage cupboards, doors to Bedroom 1 PVCu double glazed window to rear, central heating radiator, power points, door into over stairs storage cupboard.
Bedroom 2 PVCu double glazed window to rear, central heating radiator, power points, door into over stairs built in storage cupboard.
Bedroom 3 PVCu double glazed window to front, central heating radiator, power points. Family Bathroom/W.C.
PVCu double glazed obscure window to front, extractor fan to ceiling, panelled bath with electric shower over, pedestal wash hand basin, close coupled W.C, chrome towel heater.
Outside To Front Front garden with banked lawn area and mature hedging side steps leading up to front door Outside To Rear The rear garden is enclosed featuring a good degree of privacy, mainly fencing to sides with a timber decked area off the kitchen/dining room, external store area laid to patio slabbing with gravel chippings and steps up to the rear giving access to the parking space.
Parking There is an allocated parking space at the rear of the property. Tenure - Freehold Council Tax Band: B (Torbay Council)
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 41 Luscombe Road, Paignton
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