1-bedroom flat · TQ1 3QW
Listing removedReduced £5k (−3.8%) on 1 OctListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-situated one-bedroom ground floor apartment, occupying a convenient and level position close to both St Marychurch and Babbacombe, with an excellent range of local amenities, shops and bus routes right on the doorstep.
The apartment features a generously sized double bedroom with a double-glazed door and window overlooking the rear.
The spacious living area is enhanced by a large double-glazed bay window, providing pleasant views to the front and an abundance of natural light.
The kitchen/breakfast area is fitted with a range of wall and base units and includes an integrated fridge and freezer, along with space and plumbing for a washing machine.
The bathroom is fitted with a panelled bath with shower over. Further benefits include off-road allocated parking located to the rear of the property. Hallway Wall mounted radiator.
Under stair storage. Storage cupboard. Living Room (13' 2'' x 12' 6'' (4.01m x 3.81m)) Front elevation double glazed bay window. Wall mounted radiator. Picture rail.
Kitchen/Breakfast Room (9' 3'' x 12' 0'' (2.82m x 3.65m)) Side elevation double glazed door. Rear elevation double glazed windows. Fitted kitchen with wall and base units. Roll top work surfaces.
Wall mounted radiator. Sink with drainer. Integrated oven. Cooker hood. Four ring hob. Wall mounted boiler. Integrated fridge and freezer. Plumbing for washing machine.
Bedroom (10' 11'' x 14' 11'' (3.32m x 4.54m)) Rear elevation double glazed door with window over. Fitted cupboards. Bathroom (5' 5'' x 5' 0'' (1.65m x 1.52m)) Panelled bath with shower over.
Side elevation double glazed frosted window. Low level WC. Wash hand basin. Tiling. Fitted cabinet. Fitted mirror.
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 24A, Marnham Road, Torquay
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