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 work2-bedroom flat · TQ14 8PS
Sold STCListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well positioned, within easy reach of Teignmouth's vibrant town centre, picturesque seafront and sandy beaches, this beautifully presented two double bedroom top floor apartment offers stylish coastal living with far-reaching sea and countryside views - making for a fantastic first time buy or investment!
Accessed via a secure communal entrance with telephone entry system, stairs rise through well-maintained communal areas to the upper floors.
The apartment itself is positioned on the top floor, providing both privacy and elevated outlooks. Upon entering, a welcoming landing area provides access to all principal rooms and loft space.
The heart of the home is the impressive open plan lounge, kitchen and dining space, perfectly designed for modern living.
The lounge features a charming sash window framing stunning views towards Haldon Moor, complemented by a bio-ethanol live flame fire, creating a cosy yet contemporary feel.
The kitchen area is thoughtfully designed with a range of matching wall and base units, bespoke cabinetry and solid wood work surfaces.
There is space and plumbing for white goods, a freestanding cooker, and a Belfast sink, with an additional sash window offering similar scenic views.
A breakfast bar subtly separates the space, ideal for casual dining or entertaining. The property is serviced by a wall-mounted Ideal gas boiler providing hot water and central heating throughout.
The bathroom is fitted with a modern suite comprising a panelled bath with electric shower over, glazed screen, metro tiled splashbacks, vanity wash basin with storage, low level WC, and extractor fan.
Both bedrooms are spacious doubles. The principal bedroom enjoys stunning south-facing views across Teignmouth and out to sea, enhanced by feature panelled walls.
The second bedroom also benefits from coastal views, making it an ideal guest room, home office or additional sleeping space.
Externally, the property benefits from residents' off-road parking to the front.
The apartment is also ideally positioned close to local parks, amenities and Teignmouth's mainline railway station, offering excellent connectivity.
This Grade II listed building combines character with modern convenience, viewing is highly recommended!
MATERIAL INFORMATION - Subject to legal verification Leasehold Length of Lease: 125 year lease from 2003. (107 Years Remaining) Annual Ground Rent: £75.00 Annual Service Charge: Approx £1200.
Right to manage by all leaseholders. Grade II Listed. Council Tax Band A EPC - C
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
FAQ
About Barnpark Terrace, Teignmouth, TQ14 8PS
Explore nearby
