1-bedroom flat · TQ2 7PX
Let agreedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This wonderful 1 bedroom, second floor flat benefits from allocated parking, intercom system and is tucked away in a quiet area within walking distance to public transport and local shops.
Once inside the flat, there is an entrance porch that leads through to the hallway that has an airing cupboard and doors off to all rooms.
The lounge is a good size with plenty of space for a dining table and chairs along with living furniture and boasts a feature fireplace.
The kitchen is well presented with a fridge/freezer, cooker and plumbing for a washing machine. The bedroom is a large double with plenty of space for bedroom furniture.
The family bathroom comprises a bath with mixer taps and shower over, low level WC and wash hand basin.
Additional information: EPC Rating - B Council Tax Band - A Local Authority - Torbay Council Letting information: Available: Now Security Deposit: £675.00 Sorry, Council Tax Band: A (Torbay Council) Deposit: £775 Holding Deposit: £155 To The Front Allocated parking.
Intercom system. Stairs rising to the flat. Entrance Porch Internal door. Shelf and a coat rack Entrance Hall Intercom system. Doors off to all rooms.
Airing cupboard housing the modern immersion heater. Lounge/Diner (4.48m x 3.47m) Double glazed window to the front. Television point. Telephone line. Feature fireplace.
Bathroom A three piece suite comprising a bath with mixer taps and shower over, low level WC and wash hand basin. Part tiled. Extractor fan. Bedroom 1 (3.41m x 2.96m) Double glazed window to the rear.
Night storage heater. Kitchen (3.85m x 1.48m) A range of wall and base units with work surfaces over. Sink and drainer. Electric cooker and fridge/freezer. Plumbing for a washing machine.
Double glazed window to the rear. Please Note *** Draft details and subject to change ***
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 15, Newtake House, Torquay
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