1-bedroom flat
To rentListed 2 days
Opportunity summary
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About
Located in the lovely area of Babbacombe, this retirement apartment is located on the first floor.
There are garden views from the lounge and bedroom, and balcony overlooking the well maintained communal gardens.
The Retirement block is for the over 60's and has the benefit of a residents lounge, laundry and guest room for visitors looking to stay overnight.
About This Property Located in the popular area of Babbacombe, this retirement apartment can be found on the first floor and offers views over the communal gardens from both the bedroom and living room.
Offered to the market with no onward chain. The front door leads to the hallway with storage cupboard and doors to all rooms.
The living room is bright and spacious and has an archway leading to a high gloss white kitchen with electric oven and hob, and space for a full size fridge.
The shower room has a walk-in shower with electric shower unit and grab handle, low level WC and pedestal hand wash basin.
The well appointed bedroom benefits from built-in wardrobes and has views over the communal gardens. The property is heated by night storage heaters.
Homecombe House is a popular retirement block located a stone's throw from Babbacombe Downs, which offers a number of shops, restaurants and pubs.
The block was built in 1984 and 62 one bedroom apartments, with a lift servicing all floors. It is close to all shops and amenities, with a gp surgery, post office and bus routes close by.
The property has a resident manager and all apartments have the Careline system installed.
There is a residents lounge where weekly social activities are held, guest rooms, a laundry room and communal gardens with seating.
There is also off road parking in a residents car park, which is on a 'first come, first serve' basis.
Material Information What3words: ///petal.ready.foods Tenure: Leasehold, Council Tax: Band B with Torbay Borough Council Rights and Restrictions: Over 60s Mains: Mains electric and drainage Heating: Electric night storage Parking: Communal Unallocated Agents Notes; Water is included in the rent
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
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FAQ
About St Albans Road, Torquay
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