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 work1-bedroom flat · PL19 9FD
Sold STCReduced £5k (−5%) on 13 SepListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
St.
Johns Court, Abbey Rise, Tavistock This well presented one bedroom retirement apartment is perfectly situated on the top floor of a purpose built gated development with lift access, just a short riverside walk from the town centre.
Inside the apartment is an inner hallway with large store cupboard, a living room with views over the park and town, a double bedroom with built in wardrobes, a small kitchen and bathroom.
Within the development are plenty of communal facilities for all residents use including the laundry, residents lounge and managers office.
There are also communal gardens to enjoy, and a residents car park which works on a first come first served basis.
Outside are beautifully maintained landscaped communal gardens along with a pleasant outdoor seating and dining area for those wishing to make the most of those longer summer evenings dining al fresco with friends or family.
The Development is situated a short walk along the river to the main Town Centre and all its amenities which include doctors surgeries, dental practices, local shops, plenty of cafes, leisure centre and theatre.
All on the edge of Dartmoor National Park. Agents Note: Lease expires 2133 and has 107 years remaining. Service charge Approx £2700 per annum. Ground Rent Approx £425 Per Annum.
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 36 St. Johns Court, Abbey Rise, Tavistock
Explore nearby