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See how verdicts work3-bedroom flat · TQ2 6QY
For saleReduced £15k (−7.3%) on 13 AugListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought after Cromartie Point on Livermead Hill, this spacious 3 bedroom ground floor apartment enjoys a superb coastal location, within easy walking distance of Torquay seafront, the picturesque Cockington Village, the railway station and a range of local transport links.
About This Property The property is approached via steps leading to a well-maintained communal entrance, which benefits from a secure entry system.
The front door opens into the entrance hallway, providing access to all rooms and offering the convenience of two useful storage cupboards.
The modern cream shaker style kitchen overlooks the rear garden and is fitted with a range of units and integrated appliances, including an oven, electric hob, fridge freezer and dishwasher.
A particular feature of the apartment is the bright and spacious living room, where patio doors open directly onto a private terrace, perfect for outdoor seating.
From here, there is direct access to the communal garden. The modern shower room features a double shower, vanity unit with inset wash hand basin, WC and a chrome heated towel rail.
There are three well-proportioned bedrooms, offering versatile accommodation. Externally there is a communal car park and the property benefits from its own garage.
Material Information What3words: ///fled.news.arts Tenure: Leasehold, 99 Years from 1 September 1976 with a share of the freehold Maintenance: £185 per month including buildings insurance Council Tax: Band C with Torbay Borough Council Mains: Electric, Water and Drainage Heating: Electric Heating Parking: Communal Parking and Private Garage Rights and Restrictions: Call office
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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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 Flat 10, Cromartie Point,, Livermead Hill, Devon
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