2-bedroom flat · TQ2 7HL
For saleListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no chain is this two bedroom ground floor apartment. Situated in Shiphay within close reach of local shops, schools and amenities the property offers versatile accommodation.
The property features 2 Double Bedrooms, Kitchen, Bathroom, spacious Lounge and Conservatory. To the rear is a private garden and the sweeping driveway leads to a storage garage.
About This Property This spacious ground floor two bedroom flat occupies the entire lower level of a detached house.
Accessed via a communal entrance porch, the property benefits from a sweeping driveway and a storage garage.
Inside, the large lounge/dining room creates an impressive central living space, opening directly into a bright conservatory that leads out onto a private rear garden.
The separate kitchen offers direct access to a useful store area and a side entrance. Both bedrooms are comfortable doubles, and the bathroom is well proportioned.
The location is ideal for access to Shiphay shops, local amenities, and well regarded schools, making it a good option for a wide range of buyers.
Material Information What3words: ///rankings.prevented.madder Tenure: Freehold Maintenance Charges: Ad hoc - split 50/50 with flat above Council Tax: Band B with Torbay Borough Council Mains: Gas, Electric, Water and Drainage Heating: Gas Parking: Driveway & Storage garage Rights and Restrictions: Call office Metalliferous Mine Search Required.
This does not mean there is definitely a mining threat to your property; however, MineScanner® has identified a threat somewhere within a 2000m radius & that a Mining Search report is needed to discount or clarify any further risks Agents Note There is a lease on the upper flat.
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
FAQ
About Horse Shoe Lodge, 4, Collaton Road, Torquay
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