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 terraced house · TQ2 6DL
Listing removedReduced £10k (−4.8%) on 20 JunListed 427 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well presented 3 bedroom mid-terraced home is set in the highly sought-after area of Chelston, within easy walking distance of Torbay Hospital, excellent schools including Torquay Grammar Schools, and a variety of local shops.
To the front is an enclosed garden, with shared side access leading to the rear.
Inside, the welcoming hallway opens into a spacious lounge/diner, beautifully bright with double aspect windows allowing natural light to flood the room.
The kitchen is well presented with a range of wall and base units, along with space for all necessary appliances.
Upstairs, there are three well proportioned double bedrooms, a family bathroom with bath and shower over, and a separate WC.
To the rear, the south-west facing garden offers an attractive tiered design, featuring a patio area and low-maintenance pebbled sections, making it the perfect spot to relax and enjoy the afternoon sun.
Council Tax Band: B (Torbay Council) Tenure: Freehold Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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 36 Raleigh Avenue, Torquay
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