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 flat · TQ2 5SR
Listing removedReduced £15k (−13%) on 20 JunListed 445 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Upon entering, you are greeted by an entrance hall with doors to most rooms including generous reception room, enhanced by large windows that flood the space with natural light, creating an airy and welcoming atmosphere.
The property boasts high ceilings, which further accentuate the sense of space and provide a unique character to the flat.
The gally style kitchen is thoughtfully laid out, ensuring functionality and ample storage, making it a practical space for daily living.
The accommodation comprises three well-proportioned bedrooms: One comfortable double bedroom and two single bedrooms, suitable for a guest room, office, or dressing area to suit your requirements.
A shower room serves the flat, providing convenience and style for everyday routines.
Additional features such as gas central heating promise comfort throughout the year, ensuring a pleasant living environment.
Located within immediate reach of excellent public transport links and a wide array of local amenities, this home offers unparalleled convenience for commuting and day-to-day living.
Whether you are stepping onto the property ladder or looking for a solid investment in the heart of the town, this flat combines location, style, and practicality in equal measure.
Early viewing is highly recommended to fully appreciate everything this property offers. Council Tax Band: A Tenure: Leasehold Communal Entrance Door to front with tiled flooring.
Electric meters and fuse boxes. Stairs to all floors. Door to rear garden. Access Access via door to Ground Floor Flat. Entrance Hall Carpet flooring. Doors to two bedrooms.
Open access to Living Room. Door to Inner Hallway. Living Room (12.75' x 11.08') Original sash windows to the front aspect. Carpet flooring. Power points. Telephone point. Radiator.
Bedroom 1 (9.0' x 7.5') Original sash window to the front aspect. Carpet flooring. Radiator. Power points.
Bedroom 2 (12.25' x 6.75') Original sash window to the rear aspect overlooking the courtyard garden. Carpet flooring. Power points. Radiator. Inner Hallway Carpet flooring. Radiator. Door to Kitchen.
Door to Shower Room. Door to Bedroom 3. Bedroom 3 (7.50' x 7.33') Glazed window to the side aspect. Carpet flooring. Radiator. Shower Room A 3-piece suite comprising: Shower Cubicle.
Pedestal Hand-basin; Low-level WC. Radiator. Extractor Fan. Double-glazed window to the side aspect. The floor is fully tiled. The walls are part-tiled.
Kitchen (12.00' x 4.58') Matching wall and base units with roll-top work surfaces over. Stainless steel 1.5 bowl sink with drainer and mixer tap. Appliance space for Fridge/Freezer.
Appliance space for cooker with stainless steel cooker hood above. Leasehold Information 199 year lease from 1989 Peppercorn ground rent 1/5 of insurance and maintenance costs to the building
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
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FAQ
About Flat 1, 31 Rock Road, Torquay
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