2-bedroom flat · TQ13 7DT
Listing removedListed 101 days · slow let
Opportunity summary
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About
First floor flat with modern fittings and character features Council Tax Band: TBC (Teignbridge District Council) Holding Deposit: £265 Communal Hall and Stairs Accessed via the rear of the building.
Stairs to first floor and flat front door. Entrance Hall Carpeted. Video entry intercom. Dimplex Quantum electric heater. Doors off to Living Room 18'9'' x 15'10''.
Two sash windows to front aspect. Carpeted. Dimplex Quantum electric heater and Dimplex electric heater.
Door to Kitchen 14'3'' x 5'8'''.Dark blue fitted base units with wood effect laminate work surface. One and a half bowl stainless steel sink unit with mixer tap.
Plumbing for under counter dishwasher. Space for fridge freezer. Space and plumbing for washing machine and condensing tumble dryer. Integrated electric oven. Four ring ceramic hob with hood over.
Sash window to rear aspect. Tiled floor. Dimplex Quantum electric heater. Ceiling spotlights. Bedroom 1 15'9'' x 14'2''. Sash window to front aspect. Carpeted. Feature fireplace (not in use).
Built-in cupboard. Dimplex electric heater. Bedroom 2 14'14'' x 14'2''. Two sash windows to rear aspect. Carpeted. Feature fireplace (not in use). Built-in cupboard. Dimplex electric heater.
Bathroom White suite of WC, basin and freestanding roll top bath with contrast yellow outer. Walk in fully tiled shower. Tiled floor and mostly tiled walls. Chrome ladder style radiator.
Spotlights. Broadband/Mobile Phone Coverage/Suppliers Broadband and mobile phone services are available at this address.
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Letting Information To Let - Unfurnished Rent - £1,150 pcm Holding Deposit - £265 Damage Deposit - £1,325 Available mid August Strictly no smokers please Parking space available by separate negotiation if required Utilities Mains Services Include: Electric - heating and water Water Tenancy Fees When You Apply For A Tenancy In order to secure this property you will be required to pay a holding deposit of £100 including VAT (or a sum equivalent to one week’s rent, whichever is the greater).
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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.
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