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 bungalow
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a fantastic opportunity to acquire a three-bedroom detached bungalow, this property is perfectly positioned for families and investors alike, offering immense potential for modernisation and personalisation throughout.
The accommodation features a well-proportioned lounge, ideal for relaxing or entertaining guests, as well as a separate sitting room that could serve as a formal dining area or additional living space, depending on your requirements.
The galley kitchen provides a practical layout with ample storage and worktop space, ready to be tailored to your own tastes and needs.
There are three bedrooms in total, each offering comfortable proportions for family living or flexible use as a home office or guest room.
The family shower room is complemented by a separate WC, ensuring convenience for busy households.
This property further benefits from driveway parking, leading to a garage that offers secure storage or workshop potential (subject to your needs).
With no onward chain, this is an excellent proposition for those wishing to move swiftly and make their mark on a home with substantial scope for improvement.
The bungalow is situated close to highly regarded local schooling, making it an attractive choice for those with children or for buyers seeking a property in a sought-after, convenient location.
The property is set on a good-sized plot, presenting further possibilities for extension or reconfiguration (subject to the necessary planning consents).
With an EPC rating of D, this home offers a solid foundation for upgrading and increasing energy efficiency.
Whether you are an investor seeking a promising project or a family looking to create your ideal home, this bungalow represents a rare chance to purchase a detached property with generous proportions and superb potential.
Early viewing is highly recommended to fully appreciate the scope and flexibility this property provides.
Agents note Local authority - Torbay Council Council tax band - D EPC - D Location The property is situated approximately two thirds of a mile from Brixham town centre which boasts an array of shops, facilities and amenities as well as the picturesque Brixham harbour surrounded by a range of boutique shops, bars and restaurants.
The main number 12 bus service can be found here with connections to the neighbouring towns of Paignton and Torquay.
Both primary and secondary schooling are located within 1/4 of a mile walk, as is Brixham rugby club and swimming pool.
The property is also within easy reach of Berry Head National Nature Reserve with its Napoleonic forts, stunning views and access to the South West coast path for the keen walkers out there.
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.
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FAQ
About 34 Penn Lane, Brixham
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