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 bungalow · TQ12 1PB
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Detached Bungalow – Highweek, Newton Abbot Situated in the popular residential area of Highweek, Newton Abbot, this two-bedroom detached bungalow offers an excellent opportunity for buyers looking to put their own stamp on a property.
Requiring modernisation and updating throughout, the bungalow provides well-proportioned accommodation, a driveway offering off-road parking, gardens and an elevated terrace with pleasant views across the surrounding area.
With plenty of potential to create a comfortable and attractive home, the property is ideally suited to those seeking single-storey living or a renovation project.
The accommodation is accessed via an entrance hallway, providing access to the principal rooms along with useful built-in storage cupboards.
The lounge is a bright and spacious reception room, enjoying a large window overlooking the rear of the property and allowing plenty of natural light to fill the space.
A feature fireplace with a tiled surround provides a focal point, whilst the room offers ample space for both lounge furniture and additional furnishings.
The pleasant outlook towards the surrounding countryside adds to the appeal of this comfortable living space.
The kitchen is fitted with a range of traditional wall and base units with wood-effect worktops and tiled splashbacks.
There is a stainless steel sink with drainer, a freestanding electric cooker and space for a washing machine.
Although functional, the kitchen would benefit from updating and offers an excellent opportunity to create a modern and practical cooking space. A door leads through to the adjoining sun room.
The sun room provides a useful additional reception area, benefiting from windows to two sides which allow plenty of natural light and offer attractive views over the surrounding area.
This versatile space could be used as a sitting area, hobby room or garden room and provides access to the raised outdoor terrace.
Both bedrooms are well-proportioned and positioned towards the front of the property.
The principal bedroom benefits from an extensive range of fitted wardrobes and overhead storage cupboards, providing generous storage space.
The second bedroom is another comfortable room, featuring a built-in storage cupboard and a window overlooking the front garden.
Both rooms offer excellent potential for updating to suit individual tastes.
Completing the internal accommodation is a shower room, fitted with a corner shower enclosure with sliding glass doors and a fold-down shower seat, a pedestal wash hand basin and a low-level WC.
A frosted window provides natural light and privacy. The shower room would also benefit from modernisation.
Measurements Kitchen 13'2" x 8'11" (4.01m x 2.72m) Lounge 14'11" x 10'10" (4.55m x 3.30m) Bedroom 11'3" x 10'11" (3.43m x 3.33m) Bedroom 10'6" x 8'11" (3.20m x 2.72m) Bathroom 5'10" x 5'7" (1.78m x 1.70m) Sun Room 9'6" x 6'3" (2.90m x 1.91m) Terrace Basement 10'0" x 9'8" (3.05m x 2.95m) Important Information Teignbridge Council Tax Band D (£2714.78 2026/2027) EPC Rating D Broadband Speed Ultrafast 1800 Mbps (According to OFCOM) Mains Gas, Electric, Water and Sewerage Supplied The Property is Freehold EPC Rating: D Garden The property benefits from a generous, enclosed rear garden, predominantly laid to lawn and bordered by established hedging, mature shrubs and trees, providing a good degree of privacy.
Winding pathways lead through the garden, with a variety of planted borders adding colour and interest.
A timber garden shed with glazed panels provides useful storage or space for gardening activities, whilst the garden itself offers excellent potential for landscaping and improvement.
An elevated terrace, accessed from the sun room, features artificial grass and white balustrading, creating an ideal spot for outdoor seating and enjoying the pleasant countryside views beyond.
Beneath the terrace is a substantial storage area, providing additional practical space.
The garden offers a wonderful opportunity for keen gardeners or those looking to create an attractive outdoor retreat, with plenty of scope to enhance the existing space. Parking - Driveway
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 Norman Close, Newton Abbot, TQ12
Explore nearby