Studio flat · TQ2 5AJ
Sold STCListed 637 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pegg Estates is pleased to present this chain-free studio first-floor flat, offering a fantastic opportunity for first-time buyers or investors.
A cozy studio flat, making it an excellent choice for single occupants or those looking for a more compact living space.
With no onward chain, this flat is ready to move into and offers a straightforward buying process. An excellent choice for those looking for an easy-to-maintain home or investment property.
Tenure: Leasehold Bedroom 11.83ft x 11.17ft Electric heater, electric points, TV points, carpet flooring, one double glazed window to the left hand side of the property.
Kitchen 7.42ft x 8.0ft Stainless steel sink, electric hob and oven, extractor fan, double glazed uPVC window to the rear, vinyl flooring, electric points.
Bathroom 9.8ft x 6.9ft Three piece suite comprising of electric shower, low level wc, sink.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 South Street, Torquay
Explore nearby
