1-bedroom flat · TQ2 5AJ
Sold STCReduced £5k (−6.7%) on 11 JunListed 638 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pegg Estates is pleased to present this chain-free one double-bedroom first-floor flat, offering a fantastic opportunity for first-time buyers or investors.
The spacious accommodation includes a large living room, perfect for relaxing or entertaining, and a generous double bedroom, providing plenty of space for comfortable living.
The property also benefits from a shower room, completing the well-proportioned layout. With no onward chain, this flat is ready to move into and offers a straightforward buying process.
An excellent choice for those looking for an easy-to-maintain home or investment property.
Tenure: Freehold Living room 11.67ft x 13.67ft Carpet flooring, double glazed window to the right side wall, double radiator under the window. Electric points, TV point.
Shower Room 7.25ft x 5.08ft Tiled flooring, stand up shower (glass door), low level wc and hand wash sink.
Double glazed window to the left Kitchen 7.92ft x 4.75ft Matching units, stainless steel sink and draining board, electric stove and oven.
Bedroom 9.33ft x 9.5ft Carpet flooring, double glazed window to the left, radiator, electric points.
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
FAQ
About South Street, Torquay
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