2-bedroom house · TQ7 2DJ
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION Kingsbridge is situated at the head of the Salcombe estuary with excellent boating and sailing facilities within the sheltered estuary waters.
The South Hams coastline is renowned for its beaches and spectacular scenery stretching from Dartmouth in the East to Plymouth in the West.
There are water sports available nearby at the sandy beaches of Bantham, Bigbury, Blackpool Sands and Salcombe.
There are also golf clubs flanking the mouth of the river Avon at Thurlestone and Bigbury.
MATERIAL INFORMATION Costs and tenure Council tax band: A EPC rating: E Monthly rent: £800 Security deposit: £900 Holding deposit: £180 The building End-terrace house, standard brick and block construction Accessibility adaptations: None Services Mains electricity Mains water Foul drainage: Septic tank Mains surface water drainage LPG central heating, installed 1st Oct 2024 Heating features: None Broadband: FTTC (Fibre to the Cabinet) Parking: Private, Communal, and Allocated Not in a controlled parking zone No disabled parking available Risks and restrictions High house is a grade 2 listed building Not in a conservation area No tree preservation order No environmental risks recorded No specialist issues recorded All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Restrictions Pets: Considered by agreement with the landlord Smoking or Vaping: Not permitted inside the property.
VIEWINGS Viewing the property 'in person' is essential to proceed with an application, this can be done by appointment only with Luscombe Maye.
TENANCY Assured Periodic Tenancy REFERENCING CRITERIA To qualify for a tenancy, the total annual income of all tenants must be at least 2.5x the annual rent.
By way of an example if the monthly rent is £800, the applicants must be able to prove an annual household income of at least £24,000
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
We're still gathering serviced-accommodation data for this area.
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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 Kingsbridge, Devon, TQ7
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