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 · TQ1 4FL
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description * guide price of £150,000 - £160,000* One of the property's most distinctive features is its own private entrance, making it one of the few properties within Torre Marine to benefit from independent access.
This gives the property a lovely sense of privacy and individuality, which is not commonly found within the development.
The accommodation is immaculately presented throughout and comprises a welcoming lounge/diner, modern fitted kitchen, two good-sized bedrooms and a modern bathroom.
The lounge/diner provides a comfortable and versatile space for relaxing and dining, while the modern kitchen offers a practical and well-presented area for everyday living.
Both bedrooms are of a good size and provide flexibility for a couple, first-time buyer, small family or those looking to have a home office or guest bedroom.
The modern bathroom completes the internal accommodation. The property further benefits from gas-fired central heating and UPVC double glazing, providing comfort throughout the year.
Another major advantage is the property's own garage, which benefits from both light and power.
Offering secure parking as well as excellent storage space, the garage is a valuable addition and a feature that will undoubtedly appeal to both owner-occupiers and investors.
The location is particularly convenient, with local shops and amenities in Torre within walking distance, as well as excellent access to public transport.
Torre and Torquay railway stations are both within easy reach, providing convenient connections towards Newton Abbot, Exeter and neighbouring towns.
The property is also well placed for access to the surrounding road network, making it an ideal base for commuters and those needing to travel throughout South Devon and further afield.
The combination of its quiet position, private entrance, two good-sized bedrooms, garage and excellent transport connections makes this a particularly appealing property.
Its unique layout and independent entrance set it apart from many other properties Tenure: Leasehold Living Room/Diner (10.24' x 17.65') Kitchen (7.15' x 13.75') Bedroom (10.43' x 11.15') Bedroom (10.24' x 11.15') Agency Notes Lease remaining: 155 years from 2007 Management company: Plymouth block management Ground rent : £302 per year Service charge: £77 per month Pets & rental permitted Holiday let not permitted
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
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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
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FAQ
About 31 Oak Hill Road, Torquay
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