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 7RJ
Listing removedListed 480 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented Three-Bedroom Home in Sought-After Shiphay This immaculately presented three double bedroom property is ideally located in the highly desirable residential area of Shiphay, offering excellent access to local schools, convenient transport links, and a wide range of amenities.
Perfectly suited for families and professionals, the home combines comfort, style, and practicality in a peaceful yet well-connected setting.
Inside, the property boasts a bright and spacious lounge/dining room, perfect for both relaxing and entertaining.
The modern, well-equipped kitchen features ample storage and opens directly to a private rear garden, ideal for enjoying outdoor living. A contemporary family bathroom completes the main living space.
Additional features include a driveway with parking for two vehicles, as well as front and rear gardens, offering a great balance of greenery and low-maintenance space.
Location: Nestled in one of Torquay’s most popular residential areas, this home enjoys proximity to both the highly regarded Torquay Grammar Schools and Torbay Hospital.
A regular bus service runs along the road, while Torre Train Station is just a short distance away, offering excellent commuter links.
The property is also within walking distance of local shops, a Co-op supermarket, doctor’s surgery, vet, post office, and the popular Devon Dumpling pub, known for its welcoming atmosphere and community spirit.
Living in Torquay means enjoying a vibrant coastal lifestyle, with nearby attractions including the Princess Theatre, Kents Cavern, the Model Village, and a selection of beautiful beaches.
The area is also home to popular events such as the annual powerboat racing.
For those commuting further afield, the South Devon Highway provides quick access to the A38, with Exeter just 30 minutes away. Front Elevation Driveway with off street parking for multiple vehicles.
Double glazed PVCu door leading into entrance hall. Entrance Hall Recess with cloaks hanging space. Door leading to bedroom three and stairs rising to first floor.
Bedroom Three Double glazed window to front elevation. Wall mounted radiator. Two built-in cupboards housing utility meters. Deep recess with potential to create a cloakroom (STPP).
Kitchen Fitted kitchen with wall and base units. Integrated oven with gas hob and extractor fan above. Integrated fridge/freezer, space for washing machine, dryer and dishwasher.
Living Room Double glazed box bay window to front elevation. Wall mounted radiator. Stairs ascending to second floor. Bedroom One Double glazed window to front elevation.
Built-in cupboard housing newly fitted combination boiler. Separate airing cupboard. Wall mounted radiator. Bedroom Two Double glazed window to rear elevation. Wall mounted radiator.
Family Bathroom Three-piece suite comprising low level WC, pedestal wash hand basin and panelled bath with shower over and screen. Fully tiled walls. Wall mounted radiator.
Double glazed obscure window to rear elevation.
Rear Elevation Rear garden is arranged over four levels comprising of a courtyard seating area with outside tap, a lawned area and two further areas fitted with artificial grass to the top.
Enclosed with timber fencing to either side.
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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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
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FAQ
About 62, Fowey Avenue, Torquay
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