2-bedroom flat · TQ1 2JB
For saleListed 1175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning second floor apartment with impressive balcony overlooking meadow views set in the Rowan Heights apartment building.
This latest phase of the prestigious Ilsham Grange development incorporates three apartment buildings situated in a commanding position.
These eagerly anticipated apartments offer stylish and easy living within beautifully designed buildings.
A step outside onto the sizeable balconies or terraces will offer enchanting views of the English Riviera coastline and beautiful countryside.
Within the apartments are contemporary open-plan living spaces that epitomise quality, as well as high-specification kitchens and bathrooms.
Specification includes Masterclass Kitchens, Neff appliances and Selnova bathroom suites. Ilsham Grange is located in beautiful and elevated coastal position within the village of Wellswood.
The location enjoys 45 acres of meadowland with stunning sea and country views.
Wellswood itself provides a range of boutique shops including a delicatessen, brasserie, chemists, local supermarket, restaurant and pub.
Anstey's Cove is a short walk from the site together with local park area and Meadfoot Beach.
There is fast access to Torquay centre and its marina together with the attractive areas of Babbacombe with its pretty beach and five star hotel also close at hand.
Communications are excellent with high speed trains direct from Torquay to Paddington and the A380 providing easy access to Exeter and onto the national motorway network.
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
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FAQ
About 15, Torquay
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