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 flat · TQ1 1NR
SoldListed 349 daysAuction 11 Dec · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY PUBLIC AUCTION - Thursday 11th December 2025 The property is located in the Ellacombe area of Torquay, just a short walk from Market Street and the town centre.
Its central location ensures consistent demand from tenants and strong ongoing letting potential. Scope for future uplift through active management or refurbishment.
Flat 1 - 1 Bedroom (409 sq ft) currently producing £650 per calendar month Flat 2 - 1 Bedroom (409 sq ft) currently producing £650 per calendar month Flat 3 - 1 Bedroom (549 sq ft) currently producing £650 per calendar month Flat 4 - Bedsit- Ground Floor with Garden (248 sq ft) currently producing £425 per calendar month Fully let producing £28,500 per annum Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue.
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a reserve (unless otherwise stated). The reserve is a figure below which the auctioneer cannot sell the property during the auction.
The reserve will be within the guide range or no more than 10% above a single figure guide.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 4 Pembroke Road, Torquay, Devon, TQ1 1NR
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