House · TQ2 6DZ
Listing removedReduced £10 (−1.7%) on 10 AugListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rent includes Council Tax, heating, electric, gas, water and wi-fi. No additional bills to pay. 1 simple monthly rent. Ideal for people working in the care industry / Torbay Hospital.
Double bed sized room for single person occupancy in a 4 room shared house. Double bed, bedside drawers, chair, storage unit, open wardrobe. Picture is of a similar room in same property.
Actual room pics to be uploaded in a few days. Looking for a respectful, cheerful person taking their share of ensuring tidiness and cleanliness. Total house renovation in 2023. Room fully furnished.
Communal kitchen and separate dining room is well equipped with hob / oven, microwave, fridge freezer and utensils. Modern shower room.
House is situated in a quiet residential area within 15 minutes walk to Torbay Hospital. Local shops and supermarket circa 10 minute walk.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. TRQ240102/2
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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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
FAQ
About Arden Drive, Torquay, Devon, TQ2
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