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 · TQ14 9BS
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom home offers comfortable living with low-maintenance outdoor space and attractive countryside views.
The property briefly comprises on the ground floor an entrance hallway with useful storage, spacious living room overlooking the rear garden and kitchen.
Upstairs, the property features two well-proportioned bedrooms, including a rear-facing principal bedroom and a second bedroom to the front enjoying views towards the Ness and the sea and a bathroom suite.
Externally, the property benefits from an easy-to-maintain rear garden, mainly laid to patio, with access to a designated parking area providing one allocated space.
Additional features include outside power points, a tap, and pleasant countryside views to the rear. Obscure uPVC double glazed door into... Entrance hallway Radiator.
Cupboard housing combination boiler and fuse box. Telephone point.
Kitchen Fitted with a range of base units with tiled splash back and stainless steel sink and drainer, space for cooker, washing machine and fridge freezer. UPVC double glazed window to front aspect.
Lounge Sitting at the back of the property is a spacious lounge/living room with radiator, obscure double glazed door and double glazed window overlooking the rear garden.
First floor landing Access to loft space. Bedroom one Two uPVC double glazed windows to rear aspect enjoying countryside views. Radiator.
Bathroom Fitted with a bath with mains powered shower over, obscure double glazed window to side aspect, pedestal wash hand basin, low level WC.
Bedroom two UPVC double glazed window to front aspect enjoying a view towards the Ness and the sea. Built in wardrobe. Radiator.
Outside The garden to the rear is mainly laid to patio with a gate giving access to the rear parking area where the property has one allocated parking space.
The rear of the property enjoys some nice countryside views. Access leads around to the front of the property which is mainly laid to patio for ease of maintenance.
External power points, outside tap and a useful brick built storage shed. EPC Rating: 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
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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 12 Broadmeadow View, Teignmouth
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