2-bedroom flat · TQ14 8HY
Sold STCListed 233 days
Opportunity summary
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About
On entering through your own front door, stairs then lead up in to the open plan lounge and kitchen.
This room is quite a feature with the staircase leading up in to it with the living space to one side and the kitchen to the other with a storage cupboard on the half landing.
The living area has a log burner and two double glazed windows to the front.
The kitchen has base and wall mounted units, a single bowl single drainer stainless steel sink unit with mixer tap, cooker, space for fridge/freezer and space/plumbing for a washing machine.
There is a double glazed window to the rear and a fully glazed double glazed door to the rear terrace.
Stairs lead up from the corner of the kitchen to a small landing, off which there are two bedrooms and a bathroom.
The main bedroom has a double glazed window to the front and a good size storage cupboard in to the eaves.
The second bedroom is small with a sloping ceiling with room for a single bed, or it could be used as a dressing room or office. It has a double glazed window to the rear.
The bathroom comprises a white suite with panelled bath with shower over and shower screen, low level WC and pedestal wash hand basin.
There are tiled walls and a double glazed obscure window to the rear.
Tenure - Leasehold 999 Year lease from 1987 Maintenance charge - Two thirds of maintenance and insurance to the building with the flat below paying one third.
Ground rent - £25pa Mains Services - Electric and Water Council Tax Band A - £1724.91 per annum Broadband - Ultrafast 1000Mbps (According to OFCOM) MEASUREMENTS: Lounge 13’5” x 12’0 (4.10m x 3.67m), Kitchen 13’7” x 9’10” (4.13m x 3.00m), Bedroom 11’3” x 11’0” (3.44m x 3.35m), Bedroom 9’9” x 8’0” (2.96m x 2.45m), Bathroom 6’11” x 6’6” (2.10m x 1.99m) EPC Rating: E Roof Terrace The terrace has astroturf, railings and a shed.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Higher Brook Street, Teignmouth, TQ14
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