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 house · TQ7 4PY
Listing removedReduced £25k (−6.3%) on 12 AugListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Appletree Wyke offers the exciting opportunity to purchase a building plot with planning permission for a new two-storey, three bedroom/ two bathroom detached sip house (planning application number: 2275/22/ful) The property is situated down a quiet lane in Kingston within easy walking distance to the village centre, public house and countryside walk down to Wonwell Beach, Westcombe Beach and Ayrmer Cove.
Bigbury is located within walking distance or a short drive and is the perfect spot to enjoy surfing and beach days throughout the year.
The site benefits from a high degree of privacy and an elevated position.
The current owners obtained planning permission in 2022 to demolish the existing bungalow and build a modern three-bedroom detached sip house.
To find further information on the approved planning use the following application number (2275/22/ful) on the South Hams Planning Portal.
The property would benefit from a wrap around garden, parking and a detached garage. Situation Kingston is a sought after village in the South Hams area of South Devon.
The nearest town of Modbury is about 3 miles away, the larger town of Kingsbridge, offering a greater and wider range of recreation and commercial facilities is about 8 miles distant and the A38 dual carriageway expressway, connecting to the M5 motorway and national road network, being about 10 miles to the north.
Modbury is a picturesque Georgian town situated in an 'Area of Outstanding Natural Beauty'.
Some two hundred years ago it was extremely prosperous being the local market town and a centre for the wool trade.
Today there is a good range of local shops including a butcher, baker, grocers, chemist, delicatessen and a number of gift and antique shops.
Other amenities include a primary school, health centre, dentist, veterinary surgery and mobile library.
Nearby is the magnificent South Hams coastline, offering fine cliff top and coastal walks, beaches and coves, with sailing at Salcombe and Newton Ferrers, 18 hole golf courses being available at Thurlestone and Bigbury, and Dartmoor National Park is within easy reach to the north.
Services tbc viewings Viewing strictly by appointment with Luscombe Maye . Further information As part of our transparency policy, we request our sellers fill out a Property Information Questionnaire.
This information can be provided to you. However, we recommend that you verify any information given during the conveyance process.
Verified Material Information Council Tax band: C Tenure: Freehold Property type: Bungalow Property construction: Standard structural insulated panel (sip) construction Energy Performance rating: G Number and types of room: 3 bedrooms, 2 bathrooms, 1 receptions Electricity supply: Mains electricity Solar Panels: Yes - owned outright Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Lpg-powered central heating is installed.
The system was installed at an unknown date.
Heating features: None Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: Driveway Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: Ramped access and Level access shower Coal mining area: No Non-coal mining area: No Loft access: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Viewing: Strictly by appointment with Luscombe Maye, Modbury Lettings: Luscombe Maye also offers an Award Winning Lettings service.
Please contact Andrew or Alex on or to discuss our range of bespoke services.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Appletree Wyke, Kingsbridge
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