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 flat · TQ1 3BW
Sold STCListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The property is within easy reach of local shops and amenities, with both Torquay town centre and the popular Babbacombe and Plainmoor areas within a short walk.
The accommodation currently comprises a living room, two bedrooms, bathroom and a further versatile room which could be utilised as a home office, workshop, hobby room or occasional third bedroom, subject to the buyer's requirements.
There is also a useful lean-to/conservatory-style area leading from the living room onto the garden.
Outside, the property benefits from a private garden, along with the highly desirable combination of a garage and allocated parking space.
Whilst the property would benefit from modernisation and updating, it offers considerable potential to create a comfortable home or attractive investment.
Being freehold and offered with no onward chain, it is an appealing opportunity for a first-time buyer, investor or purchaser looking for a property with scope to improve and add value.
Council Tax Band: A Tenure: Leasehold Kitchen (7.58' x 12.34') Living Room (10.99' x 14.99') Bedroom 1 (11.32' x 13.68') Bedroom 2 (11.25' x 8.17') Bedroom 3 (8.76' x 12.01') Bathroom (7.09' x 4.99') Agency Notes Please be advised that these photos are of the rooms but have been A.I enhanced.
999 Year lease from 1962 Service charge split 50/50 when required
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 5 Hatfield Road, Torquay
Explore nearby
.png){kind=logo}
