2-bedroom flat · EX6 8SL
For saleListed 139 days
Opportunity summary
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About
APPROACH Composite front door to entrance lobby. Outside light. ENTRANCE LOBBY Small entrance lobby with stairs to first floor. Coat hanging space. Radiator. Door to garage.
FIRST FLOOR LIVING/DINING ROOM 16' 8" x 12' 4" (5.08m x 3.76m) (max) Light double aspect room with Upvc double glazed windows to front and side aspect. Two radiators. TV and telephone points.
Door to inner hallway. Archway to kitchen. KITCHEN 10' 0" x 5' 6" (3.05m x 1.68m) Attractive fitted kitchen with range of base, wall, drawer and display units in wood effect finish.
Worktop with tiled surround and inset stainless steel sink. Integral electric double oven and gas hob with extractor hood over. Integral fridge/freezer. Recess spotlights. Velux ceiling window.
INNER HALLWAY Inner hallway with doors leading to adjoining bedrooms and bathroom. Hatch to part boarded loft space with pull down ladder and light.
BEDROOM 1 11' 7" x 11' 0" (3.53m x 3.35m) (max to back of wardrobes) Spacious double bedroom with Upvc double glazed window to front aspect. Radiator.
Sliding mirror doors to built-in double wardrobe complete with hanging rail and shelf. Feature wood panelled wall with fitted wall lighting.
BEDROOM 2 8' 5" x 7' 3" (2.57m x 2.21m) Further double bedroom with Upvc double glazed window to rear aspect and outlook over the garden. Radiator.
BATHROOM 9' 7" x 6' 2" (2.92m x 1.88m) (max) White suite comprising; low level w.c., pedestal hand wash basin and bath with tiled surround, mixer tap with fixed shower head and further handset.
Radiator. Velux ceiling window. Chrome ladder style radiator. Extractor fan.
OUTSIDE FRONT The property has an open garden area laid to gravel which offers parking for a couple of vehicles plus a parking space in front of the garage.
Double doors lead into a useful storage room which runs the length of the side of the property.
GARAGE 18' 0" x 12' 2" (5.49m x 3.71m) Up and over electric remote controlled door leads to a good size garage with light and power.
Arrangement of fitted base and wall units with fitted sink and also space and plumbing for washing machine. Door to deep understair cupboard. Fitted low level w.c.
Upvc part glazed door to rear garden. REAR GARDEN Pretty fully enclosed level rear garden laid to gravel and artificial grass. Outside light and cold water tap.
Double doors leading to a useful garden studio.
GARDEN STUDIO 12' 1" x 10' 0" (3.68m x 3.05m) Upvc double glazed french doors lead to a useful multi-use studio room - fully insulated with light and power, plus wall mounted electric radiator.
AGENTS NOTES: To the best of the Vendors knowledge they have advised the following: Tenure: Leasehold.
Lease: 999 years from 2004 - 977 years remaining Service Charge of £85 per month (which includes the buildings insurance, maintenance to green spaces etc) Ground Rent of £50 per year Council Tax Band: B Council: Teignbridge District Council Green Space Charge: £144.81 per half year Parking: Allocated parking for up to three vehicles plus garage Garden: Enclosed southerly facing garden Electricity: Mains Gas: Mains Heating: Gas central heating Water Supply: Mains Sewerage: Mains Broadband: Super Fast Fibre Mobile Signal: Various networks currently showing available including EE and Vodaphone Standard 3 Mbps 0.5 Mbps
Value & comps
No previous sales on record.
Returns
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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.
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