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 house · TQ12 5GP
Listing removedListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brand New Persimmon Two-Bedroom Semi-Detached Home Located On The Popular Kings Meadow Development In Kingskerswell.
Offering Open Plan Living, A Modern Kitchen, Downstairs Cloakroom, Two Bedrooms, Family Bathroom And An Enclosed Rear Garden. Ideal First-Time Buy Or Investment.
Situated on the sought-after Kings Meadow development in Kingskerswell, this beautifully presented brand-new Persimmon Homes property offers stylish, modern living, making it an ideal first-time purchase, investment, or home for those looking to downsize.
The accommodation comprises a welcoming entrance hall leading to a convenient downstairs cloakroom/WC.
A bright and spacious open-plan living, dining, and kitchen area creates the perfect space for everyday living and entertaining.
The contemporary kitchen is thoughtfully designed with modern fittings and ample storage, while the living area enjoys direct access to the enclosed rear garden.
Upstairs, the property offers two well-proportioned bedrooms along with a modern family bathroom finished to a high standard.
Outside, the enclosed rear garden provides an ideal space for relaxing, outdoor dining, or family enjoyment.
The home benefits from all the advantages of a new-build property, including energy-efficient construction and the reassurance of the Persimmon warranty.
Located within the popular Kings Meadow development, the property enjoys excellent access to local amenities, schools, and transport links, with nearby connections to Torquay, Newton Abbot, and Exeter.
This attractive home combines contemporary design, practical living space, and a desirable location, making it an excellent opportunity for a wide range of buyers.
Please note that the property pictured may be computer generated.
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
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FAQ
About The Alnmouth, Kings Meadow, Newton Abbot
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