2-bedroom flat · TQ1 2DX
Let agreedReduced £100 (−7.7%) on 11 SepListed 80 days · slow let
Opportunity summary
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About
Situated within a well-maintained development, this spacious two bedroom ground floor apartment offers comfortable and convenient living in a desirable setting.
The accommodation comprises a fitted kitchen, a generous open-plan living and dining room providing an excellent space for relaxing and entertaining, two well-proportioned bedrooms, a modern bathroom, and the added benefit of a wet room to one of the bedrooms.
The property also enjoys allocated parking and access to attractive communal areas, creating a welcoming community environment.
The property is ideally positioned just a short distance from Daddyhole Plain and Meadfoot beach, renowned for its striking coastal views across Lyme Bay and the English Riviera.
The nearby Wellswood offers an excellent selection of independent shops, cafés, restaurants and everyday amenities, making it a highly sought-after location that perfectly balances coastal scenery with convenience.
Ideally suited to those seeking low-maintenance living, the apartment combines practicality with generous accommodation and is conveniently located close to local amenities and transport links, a bus stop can be found directly outside the development.
Two buses arrive every hour in the morning (62 & 64) Council Tax Band Torbay Council - Band 'E'.
Full amount payable 2026/27 - £3,002.98 Deposit £1,500 Directions WHAT3WORDS: ///save.class.stack EPC Rating E '41' Additional Information Access: From entering the development you will find a carpark, from there make your way to the communal garden which is behind the stone pergola, on the far right the communal entrance can be found, after entering, the apartment front door can be found on your right.
Heating: Electric Heating. Services: Mains Electric, Water & Drainage.
Broadband and mobile - We understand that Standard and Ultra Fast Broadband via Open Reach is available in the area, with Mobile signal EE: Good outdoor and In-home O2: Good outdoor, three: Good outdoor Vodaphone: Good outdoor, Variable In-home (according to the Ofcom website).
Permitted Payments & Tenant Information Prior to the commencement of your tenancy (Payable to John Lake Lettings 'The agent'):- Holding deposit: 1 week's rent. Security deposit: 5 week's rent.
1 month's rent: Minus the holding deposit originally paid. Please Note: The holding deposit is paid to reserve a property and will go towards the first month's rent should referencing be satisfactory.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right- to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Permitted Payments & Tenant Information During the tenancy (Payable to John Lake Lettings 'The agent'): Variation of contract: £50 Lost keys or other security devices: Payment of incurred costs of replacement loss of keys/security devices.
Unpaid rent: Payment of interest for the late payment of rent at a rate of 3% above the Bank of England Base Rate. This will not be levied until the rent is more than 14 days in arrears.
John Lake Gilt Edged Lettings Limited is a member of Propertymark which is a client money protection scheme, and also a member of The Property Ombudsmen which is a redress scheme.
You can find out more details on the agent's website or by contacting the agent directly Parking - Allocated Parking
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Flat 9, Oakridge Park Hill Road, Torquay
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