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See how verdicts work2-bedroom flat · TQ14 8NR
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free! Two Bedroom Top Floor Apartment With Sea Views.
Beautifully presented throughout, ideal for a first time buyer or downsizers alike, perfectly positioned in the heart of Teignmouth, just a short walk from the town centre, local shops, bus and rail stations, as well as the beaches and seafront.
A new 125-year lease will be granted on purchase and the property also benefits from off-road parking. Please note, this home is available to residential homeowners only.
The communal entrance hall leads to stairs rising to the top floor.
At the front, the spacious open-plan living and dining area features a modern kitchen with a central island, integral appliances and generous storage, creating a bright and welcoming space with plenty of room for both seating and dining furniture.
A stylish shower room is accessed directly from this living space and includes a walk-in shower.
To the rear of the property lies a well-proportioned dual-aspect double bedroom along with a further single bedroom.
Low maintenance, surprisingly spacious, and beautifully presented - this apartment is ideal for first-time buyers, downsizers, or anyone looking for a stylish lock-up-and-leave by the sea.
Material Information (Subject to Legal Verification) Tenure: Leasehold - New 125-year lease to be granted on purchase Ground Rent: Peppercorn Service Charge: Approx £150 per month Council Tax Band: A Residential homeowners only.
*Some Images Are For Illustrative Purposes Only* In accordance with our legal and regulatory obligations, all vendors and purchasers are required to complete appropriate Anti-Money Laundering (AML) and identity verification checks before proceeding with a property transaction.
A fee is payable for the completion of these checks: - Vendors: £25 + VAT per person - Purchasers: £37.50 + VAT per person The applicable fee is payable when the AML verification process is requested and covers the cost of carrying out the required identity and AML checks.
Additional checks may be required where necessary to satisfy our legal and regulatory obligations.
Please note that payment of the AML verification fee does not guarantee that a transaction will proceed and does not form part of our estate agency commission.
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
FAQ
About Paradise Road, Teignmouth, TQ14 8NR
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