1-bedroom flat · TQ9 5PH
For saleListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient location at the top of the town and within easy walking distance of the High Street and amenities, a beautifully presented one bedroom ground floor apartment with private garden.
The entrance doors open through to a spacious and bright open plan sitting, dining and kitchen space, which has wooden floor throughout and stunning feature stone wall.
There is ample space for a dining table and chairs and the kitchen is fitted with modern wall and base units, a washing machine and space for a fridge/freezer and freestanding oven.
Beyond the kitchen is a small hallway with large window and day bed, The hallway gives access to a shower room and double bedroom.
From the kitchen a door leads to the rear garden with steps leading to a south-facing gravelled terrace bordered by mature plants and shrubs. Lease Information: 999 years from 15/08/1986.
£20 per annum ground rent. No service charge. Totnes town is the commercial centre for the South Hams.
This part of Devon is renowned for its outstanding natural beauty with Dartmoor National Park ten miles to the north and stunning beaches and coastline ten miles to the south.
The bustling medieval market town has a mainline railway station giving direct connections to London Paddington with easy connection to St Pancras for Eurostar.
There is also excellent access to the A38 Devon Expressway, linking Plymouth and Exeter where it joins the M5.
Schooling in the area is excellent with a number of well-regarded primary and secondary schools.
Totnes also boasts a thriving market as well as a good selection of shops, supermarkets, restaurants and inns.
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.
Area
Agent & docs
FAQ
About Garden Flat, 5 Plymouth Road, Totnes, Devon
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