2-bedroom flat · TQ13 9SX
Listing removedReduced £10k (−4.3%) on 22 JunListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large 914 sq ft Duplex Maisonette with Two En-Suites, Garage & Riverside Setting.
An exceptionally spacious and beautifully refurbished two-bedroom maisonette, offering approximately 914 sq ft of accommodation (excluding garage), arranged over two floors in the heart of Bovey Tracey.
Providing a rare level of privacy for this style of property, there are no neighbours above or below, with only one quiet adjoining property.
Both large double bedrooms benefit from modern en-suite bathrooms, complemented by a separate guest WC.
The property has been recently renovated to a high standard throughout, featuring a contemporary Howdens kitchen, three newly fitted bathrooms, and new carpets and flooring throughout.
The home is bright and airy with a sunny aspect, and benefits from gas central heating and an EPC rating of C, making it comfortable and efficient year-round.
Externally, residents enjoy access to a large communal garden set alongside the attractive River Bovey.
The property also includes a substantial garage (approximately 1.5x standard size) with power and lighting, currently used for EV charging from a 3pin plug, along with parking directly in front and additional free parking nearby.
Ideally located within approximately 150 metres of amenities including make Southwest, Parke National Trust, Café 360, the library, and a doctor’s surgery opposite.
The nearby Number 39 bus route provides convenient access to Exeter and Newton Abbot.
The development benefits from a responsive management company, with well-maintained communal areas and gardens year-round.
Tenure & Charges: - Leasehold (155 years from 1 May 2006) - Ground Rent: £295 per annum - Service Charge: £2,024 per annum - Council Tax Band: C - EPC Rating: C Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £295.00 Ground Rent Review Period No review period Annual Service Charge £2,024.00 Service Charge Review Period No review period Lease End Date 31/03/2161 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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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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 advisors 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
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FAQ
About 3 Waterside,, Le Molay, Littry Way, Bovey Tracey
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