2-bedroom flat · TQ9 5DF
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly regarded Manor House Retirement Village, just a short distance from Totnes town centre, this well-presented two-bedroom retirement apartment offers comfortable and convenient living within a friendly and established community.
The accommodation comprises an entrance hall, spacious lounge, fitted kitchen, two bedrooms and a modern shower room.
The property is ideal for those seeking independent retirement living, with well-proportioned accommodation throughout and the added benefit of no onward chain.
The Manor House development offers far more than just a home, with a welcoming community atmosphere and regular social activities including coffee mornings, evening socials, coach outings and musical evenings.
Residents also benefit from on-site management staff, Careline alarm services, and excellent access to local bus routes, shops, the post office and Totnes town centre.
It is a condition of purchase that residents must be aged 60 years or over, or in the case of a couple, one resident must be over 60 years of age and the other over 55 years.
Please note: An AML fee is payable by the purchaser upon acceptance of an offer to cover the cost of identity and anti-money laundering checks.
This fee is non-refundable once the checks have been completed.
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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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 Coronation Road, Totnes, Devon, TQ9
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