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See how verdicts work2-bedroom flat · TQ1 2QS
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £180,000 - £190,000 property description Situated within the highly regarded Greenacres retirement development, this spacious 2 bedroom ground floor apartment enjoys a prime location in the heart of the sought-after Wellswood Village.
The apartment offers well-proportioned accommodation throughout, providing comfortable and convenient living for those seeking a relaxed retirement lifestyle.
Its ground floor location offers easy access. While the development itself is known for its attractive communal surroundings and welcoming community for the over 60s.
Just a short level stroll from the apartment, Wellswood Village offers an excellent range of everyday amenities including shops, cafés, restaurants and local services, making it easy to enjoy everything the area has to offer.
Ground floor Door into hallway. Two storage cupboards.
Kitchen Modern cream high gloss fitted kitchen, cupboards and drawers over and under surfaces.Integrated fridge/freezer, integrated oven and hob, integrated washing machine and microwave.
Lounge Large and spacious lounge/diner, bay window to front and fire surround with inset electric fire. Bedroom 1 A large double bedroom, built-in wardrobes and window to front.
En-suite Large double shower with glass screen, low level WC, hand wash basin, wall hung radiator and extractor fan. Bedroom 2 Another good-sized double and window to front.
Shower room Corner shower unit, low level WC and wash hand basin. Communal Residents Lounge, gardens and parking.
Verified Material Information Costs and tenure Tenure: Leasehold Lease length: 88 years remaining (125 years from 1989) Service charge: £48,400/year Council tax band: E EPC rating: D The building Semi-detached flat, standard construction Accessibility adaptations: Level access shower Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Heating: None Heating features: Double glazing and night storage Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone great, Three good, EE great Parking: Communal Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building In In the Lincombes conservation area (per ; confirm via the local authority search).
No tree preservation order Title register restrictions (DN302635): - The owner cannot sell or transfer the property without the formal consent of Retirement Care Group plc (or the owner of the related land title), though this does not apply to registering a mortgage.
- The owner is restricted from any actions or transfers that would violate the specific terms and conditions laid out in the lease.
- The owner has entered into a 'covenant'—a formal legal promise—to follow all the rules and obligations listed in the property's charges register.
- There are regulations in place from a 1988 agreement with the local council that limit how the land can be developed and used. Non-coal mining area: Yes All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Agents notes These details are meant as a guide only. Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
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 Greenacres,Flat 8, Asheldon Road, Torquay
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