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See how verdicts workStudio · TQ2 6JF
Listing removedReduced £10k (−12.5%) on 20 JunListed 462 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in the heart of Chelston, Torquay, this ground floor studio flat offers an ideal combination of convenience, comfort, and charm.
Located just a short stroll from local amenities, excellent bus routes, and the seafront, it's perfectly positioned for coastal living.
The accommodation features a spacious open-plan kitchen/living/bedroom area, complemented by a modern ensuite shower room.
The property also benefits from double glazing, electric heating, and is offered with no onward chain, making it an excellent choice for first-time buyers, buy-to-let investors, or those seeking a holiday retreat.
One of its standout features is the private courtyard, offering a rare and welcome outdoor space for a studio apartment-perfect for morning coffee or a touch of fresh air.
Council Tax Band: A Tenure: Leasehold Communal Entrance Carpet flooring; stairs to First Floor and door to Ground Floor.
Living Room (16.75' x 14.33') Open-plan Lounge/kitchen/Bedroom: Double-glazed windows to the side and rear aspect; Electric heater; carpet flooring; matching wall and base level units with roll-finish work surfaces over; built-in oven and hob with cooker-hood over; stainless-steel circular sink with drainer; space for fridge/freezer and washing machine; part-tiled walls.
Doors to shower room and private rear porch. Shower Room 3-piece suite which comprises: Low level WC; Shower cubicle; Wall-mounted wash-hand-basin; Heated towel-rail; Extractor fan; part-tiled walls.
Porch Via Door from the Open-plan Living/Kitchen/Bedroom to Porch. Carpet flooring; double-glazed door to a private courtyard.
Outside Courtyard The Courtyard is laid to shingle and only accessed by the reach porch door. Leasehold Information 999 year lease from 2018 Service charge 1/4 of costs required
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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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 13a Walnut Lane, Torquay
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