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 work3-bedroom detached house · TQ8 8AY
Listing removedListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in one of Salcombe’s most sought-after residential areas, this spacious three-bedroom detached property presents an exceptional opportunity to create a dream coastal home.
Just a short stroll from the vibrant town centre and picturesque harbour, the property enjoys delightful countryside views, generous off-street parking, and both front and rear garages.
Arranged over split levels, the accommodation is versatile, light-filled, and full of potential.
The property currently comprises a kitchen, a generous dining room, and a spacious sitting room with dual-aspect windows that create a bright and airy living space while enjoying attractive countryside views.
There are three bedrooms, including a principal bedroom with built-in storage and an en-suite shower room. A family bathroom and separate WC complete the accommodation.
Occupying a generous plot, the property enjoys a private driveway to the front providing off-street parking and access to the garage, while a second gated rear driveway leads to a substantial under-house garage, ideal for additional parking, storage, or workshop use.
The lawned garden provides excellent outdoor space with further potential for landscaping or extension, subject to the necessary consents.
Offering fantastic potential for renovation and modernisation, this is a rare opportunity to acquire a substantial property in the heart of Salcombe, perfect for those looking to create a bespoke family home or a stylish coastal retreat.
The beautiful estuary town of Salcombe is located in the heart of the South Devon region known as the South Hams, which is known for having an uncommonly temperate climate, verdant unspoilt countryside, hidden combs and a spectacular coastline.
Arguably one of the most sought after waterfront locations in the UK, Salcombe is the perfect setting for this beautiful home.
Once a thriving fishing village, Salcombe still retains much of its original charm and character.
The property sits within the short distance of the town, with its many restaurants, local pubs and boutique shops. Services Mains electricity, gas, water, and drainage. Gas central heating.
Fixtures and Fittings All items in the written text of these particulars are included in the sale. All others are expressly excluded regardless of inclusion in any photographs.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
Viewings Very strictly by appointment only through Marchand Petit (Salcombe Office) Tel:
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 Alpines, Raleigh Road, Salcombe, Devon
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