1-bedroom flat · EX20 1NA
Listing removedReduced £50 (−7.4%) on 21 JunListed 242 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Immediately this one bedroom fisrt floor apartment is a must to view. Offering accommodation to include 11' reception room, double bedroom, fitted kitchen & modern fitted shower room.
This property is subject to pre-qualification to view and successful referencing upon application. Front Aspect From the roadside a communal wooden door gives access into...
Communal Hallway Wooden door gives access into the property. Entrance Hall Carpeted flooring, carpeted stairwell rising to the first floor accommodation.
First Floor Landing Ceiling mounted light point, ceiling mounted smoke alarm, loft hatch, wooden balustrades encompass stairwell, power point.
Storage cupboard with double doors, water heater and high level shelving. Doors give access to the kitchen, reception room, bedroom and the shower room.
Kitchen (2.8m x 2.5m (9' 2" x 8' 2")) Ceiling mounted light point, wall mounted electric heater, power points, uPVC double glazed window to the side aspect, drainage and water feed for a washing machine, space for a fridge/freezer, space for freestanding electric cooker.
Range of base and drawer units with complementary worktops over, stainless steel sink and drainer with swan neck monobloc mixer tap over.
Reception Room (3.4m x 2.5m (11' 2" x 8' 2")) Ceiling mounted light point, wall mounted electric heater, uPVC double glazed window to the rear aspect, power points, aerial points, cable point.
Bedroom (2.9m x 2.5m (9' 6" x 8' 2")) Ceiling mounted light point, wall mounted electric heater, power points, carpeted flooring, uPVC double glazed windows to the front aspect. Sliding Door Into...
Shower Room (1.9m x 1.6m (6' 3" x 5' 3")) Ceiling mounted light point, wall mounted electric heater, wall mounted basin with monobloc mixer tap over and storage cupboard under, low level WC, shower cubicle with glass shower screen, shower rail with curtain and electric shower over, wall mounted extractor fan, vinyl flooring.
Required Information Tenure - Leasehold. Services - The property benefits from mains water, electricity and drainage. Council Tax - Band A. Local Authority - West Devon Borough Council.
Agents Note This property is subject to pre-qualification before viewing and subject to successful referencing. The landlord is looking for a long term tenant.
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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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 24b, Victoria Street, Devon
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