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See how verdicts work2-bedroom flat · PL6 7FD
For saleReduced £10k (−8.3%) on 12 AugListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** No Onward Chain *** A well-presented two-bedroom ground floor apartment with allocated parking, situated within a popular development just a short distance from local amenities and within easy reach of Dartmoor National Park.
The accommodation comprises a spacious living/dining room, a modern fitted kitchen with space for appliances, two bedrooms, including a principal bedroom with en-suite shower room, and a family bathroom fitted with a WC, wash hand basin, and bath with shower over.
Further benefits include double glazing, gas central heating, and an allocated parking space.
This property would make an ideal first-time purchase or a buy-to-let investment, with an estimated rental potential of approximately £1000 per calendar month.
Agents Note Lease Length - 109 Years Service Charge £1920.58 Annually Ground Rent £250 Annually
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
Agent & docs
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FAQ
About 16, Boundary Place, Devon
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