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 work2-bedroom property · TQ7 3DS
Listing removedReduced £20k (−9.5%) on 20 JunListed 595 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No.14 Salcombe Retreat is located in a peaceful area. The lodge has one allocated parking space and a wrap-around decked veranda. The lodge is immaculate throughout having been beautifully maintained.
The open plan living area is light and airy, with 2 double bedrooms, one having en-suite shower room and an additional bathroom At Salcombe Retreat you will find yourself between the open countryside and the coastal beaches, with easy access to both.
The South West Coast Path is a short distance away, with spectacular scenery and miles of paths to explore, Soar Mill Cove is only a short walk too, perfect for paddling with little ones.
Further afield, Dartmoor can be enjoyed by all the family.
Salcombe Retreat is also ideally located between Salcombe and Hope Cove, both of which offer a wide variety of activity for the busy family or those enjoying a few peaceful days away.
There are fine sandy beaches and sheltered waters in Salcombe with a wide range of shops, cafes, bars and restaurants. Similarly Hope Cove has 2 sandy beaches, water based activities, pubs and hotels.
The lodge can be used for 11 months of the year but must be vacated from mid January to mid February. The lodges have a strong rental history. Services Mains electric, water, private drainage.
Lpg gas heating. Council tax Not currently rated. Tenure Leasehold 125 years from 2009. Ground Rent £4,045.94 a year. Service Charge £2,862 per year.
Local authority South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE. Tel: viewings Viewing strictly by appointment with Luscombe Maye .
Directions From the A381 Kingsbridge to Salcombe road, turn right on the sharp bend in Malborough, following signs to Soar Mill.
After about 2 miles, Salcombe Retreat will be found on your right hand side.
Material information To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.
If available, please scan the qr code or access the additional online material information web brochure. Alternatively, you can contact our team for this information.
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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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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