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 work4-bedroom detached house · TQ3 3LA
Listing removedReduced £10k (−2.9%) on 20 JunListed 340 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on the outskirts of Paignton, being within easy reach of Torbay Ring Road, to nearby towns and cities.
There are Primary & Secondary schools close at hand, together with good shopping outlets nearby including Morrisons, Asda, and Sainsburys, together with local bus routes nearby.
The accommodation briefly comprises an entrance hall with stairs rising to the first floor and a door leading into the spacious lounge/dining room, providing access out to the rear gardens.
There is a door from the lounge area into an inner hallway, leading to the kitchen, again with access to the gardens, a downstairs cloakroom and a useful study.
Heading upstairs, there is a first floor landing with doors to the four bedrooms, one featuring an en-suite shower room/W.C. The family bathroom/W.C. Is also on the first floor.
Outside to the front there is a lawned garden area and a brick paved driveway with off-road parking for one vehicle.
There is access to the store with a garage door and gated access leading to the side of the property. An internal viewing is highly recommended.
Council Tax Band: D (Torbay Council) Tenure: Freehold Entrance Hallway Front door with frosted window panels to front entrance. Wood effect hard flooring.
Carpeted staircase leading to the first floor. Consumer unit. Door into:- Lounge A bright and airy living space with carpeted flooring and a double glazed window to the front aspect.
Stylish, modern gas fireplace with a slick black hearth and a marble effect surround. Radiator.
Door leading to the inner hallway along with an opening into:- Dining Area Carpeted flooring matching the lounge area and double glazed sliding patio doors leading out into the rear garden.
Space for dining table. Radiator. Inner Hallway Tile effect hard flooring. Understairs cupboard. Doors to:- Study/Office Double glazed window to the side aspect and carpeted flooring.
Cupboard housing the gas boiler. Radiator. Downstairs W.C Fitted with a modern matching two piece white suite comprising a wall mounted wash hand basin and WC.
Double glazed frosted window to the side aspect. Radiator and tile effect hard flooring. Kitchen Fitted with a matching range of kitchen units.
Rolled edge work surfaces with inset one and a half bowl stainless steel sink unit with mixer tap. Tiled splash backs. Integrated electric double oven, gas hob and concealed extractor above.
Spaces for a washing machine, dishwasher and fridge/ freezer. Space for a further dining table. Radiator. Tile effect hard flooring.
Double glazed window to the rear aspect with views over the rear garden along with a double glazed door to the side aspect providing access to the garden.
First Floor Landing Carpeted flooring and access to loft. Built-in storage cupboard. Doors to:- Bedroom 1 Carpeted flooring and a double glazed window to the front aspect.
Fitted wardrobes providing shelving and hanging space. Radiator.
Door to:- Ensuite Shower Room/W.C Fitted with a modern three piece white suite comprising a vanity unit with wash hand basin and storage cupboard below, WC and a stylish tiled shower unit with shower above.
Tiled flooring. Wall mounted mirror and extractor. Double glazed window to the front aspect. Bedroom 2 Carpeted flooring and a double glazed window to the front aspect.
Built-in cupboard providing storage space. Radiator. Bedroom 3 Carpeted flooring and a double glazed window to the rear aspect enjoying a view over the rear garden. Radiator.
Bedroom 4 Window to the rear aspect and carpeted flooring. Radiator.
Bathroom Fitted with a matching three piece white suite comprising a pedestal wash hand basin, WC and a panel fronted bath with electric shower above.
Tiled walls and a double glazed frosted window to the rear aspect. Outside To the front of the property is a brick-paved driveway providing off road parking for one car.
There is a paved footpath leading up to the font entrance door. There is also a level front garden laid to lawn with a planted hedge row border.
To the rear of the property is a beautifully landscaped garden arranged over two levels. The areas are laid to a paved patio area providing ample space for outdoor furniture.
There are steps up onto the second layer of garden which offers a further stylish paved patio with inset LED lighting along with a level lawned area.
There are borders planted with a range of mature shrubbery. The sellers have informed us that they will be leaving the hot tub within the sale.
There is a paved side access to the front aspect with a secure wooden gate. Outdoor tap.
Summerhouse/Cabin Within the rear garden there is a fantastic cabin currently arranged as a bar/entertaining space.
There are double glazed windows to the front and side aspects along with double doors to both aspects. Within the cabin there is built in ceiling lighting, power connections and broadband connections.
Wood effect hard flooring. On the exterior of the cabin there is wall mounted outdoor lighting and an outdoor power supply.
Store To the front of the property is an up and over style door opening into a storage area. Tenure - Freehold Council tax band: Currently band 'D'.
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.
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FAQ
About 32 Lutyens Drive, Paignton
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