1-bedroom flat · TQ1 4RW
No longer listedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well positioned first floor apartment is accessed via a communal entrance and is located within a well-maintained building.
To the rear of the property there is a spacious car park providing allocated parking for one vehicle. Upon entering the property, the hallway leads through to the generous living area.
The lounge is a bright and inviting space, benefiting from open views across the valley to the rear of the property, creating a pleasant outlook and an ideal area to relax.
Off the hallway is the fitted kitchen, comprising a range of wall and base units with work surfaces over, offering ample storage and preparation space.
There is plumbing for a washing machine, along with a freestanding cooker and space for a fridge.
The double bedroom is well proportioned and benefits from a double glazed window, providing a bright and airy feel.
The bathroom is and well sized, comprising a bath with shower over, low level WC and wash hand basin.
The property has recently been redecorated throughout and benefits from new floor coverings, enhancing its fresh and contemporary feel. The location is ideal, including local shops nearby.
Happaway Road Park, and is within walking distance of St Marychurch, offering a variety of shops, cafés and amenities.
Babbacombe Downs is a further stroll away, providing access to the Coastal Footpath around Torbay.
Torquay town centre is easily accessible via the adjacent bus stop, and The Willows shopping centre is a short drive away.
Council Tax Band: A (Torbay Council) Deposit: £750 Holding Deposit: £150 Please note there is a Virgin supply to the block that a tenant can connect to at their own cost.
Please Note *** Draft details and subject to change ***
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 Flat 4, 256 Teignmouth Road, Torquay
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