Studio flat · TQ1 4JR
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The flat boasts a single, well-presented reception room, which could double as an occasional bedroom, providing flexibility based on your needs.
Accompanying the reception room is a well-equipped, open-plan kitchen that effortlessly merges with the lounge area.
This design promotes a modern and sociable living experience, perfect for both entertaining guests and day-to-day life.
The property also possesses a single bedroom and a bathroom equipped with a shower room, ensuring all your basic needs are met. The residence is spacious, functional, and ready to become a home.
Located in a highly sought-after area, the property benefits from excellent public transport links, ensuring your commute is as smooth as possible.
Nearby schools make this an ideal location for young families, while local amenities and parks provide plenty of recreational options to explore.
This property stands as a testament to its potential as an investment or a first step onto the property ladder.
Its prime location and unique features combine to present a not-to-be-missed opportunity. We invite you to view and appreciate the potential of this flat.
Council Tax Band: A Tenure: Leasehold Access Located at the rear of Forest Road, up a shared access lane, there is a private patio with potential for parking with gates leading to the front garden.
Outside The garden is mostly laid to lawn with hardstand and patio. Hall Double glazed door to hallway, carpet flooring, meter cupboards, doors to kitchen and occasional bedroom.
Kitchen/lounge 16.0ft x 8.7ft Has a double glazed window to the rear aspect, carpet flooring, radiator, recess storage shelving and built in cupboard.
Open access to a reception room/occasional bedroom, wall mounted boiler, part tiled walls, matching wall and base level work units with roll top work surfaces, stainless steel sink and drainer with mixer tap, space for washing machine, fridge freezer and cooker.
Reception room 7.2ft x 10.6ft Has a door from the hallway, carpet flooring, open access from the kitchen/lounge, radiator, built in cupboard housing the electric meter and fuse box, door to shower room.
Shower Room Comprises of a heated towel rail, low level wc, extractor fan, wall mounted wash hand basin with tiled splash back, vanity mirror and shower cubicle.
Leasehold Information Share of freehold with a new lease to be created.
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
FAQ
About Forest Road, Torquay
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