4-bedroom terraced house · TQ1 4AL
Listing removedReduced £10k (−6.3%) on 12 OctListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description As you arrive, you are welcomed into a convenient porch area, providing a practical space for coats and shoes.
Stepping inside, the lounge is located to your right a bright and airy room with a charming feature fireplace and generous natural light pouring through the windows.
The kitchen, just beyond the lounge, offers a range of both wall and base units with work surfaces over.
There is room for a freestanding cooker and fridge/freezer, making this a functional and practical area with potential for modernisation.
Adjacent to the kitchen is a handy WC, adding to the property's convenience. Heading downstairs, you'll find two well-proportioned bedrooms.
Also on this level is a handy WC and a door leading onto a courtyard area it is perfect to fit a small table and chairs just to soak up the fresh air.
Returning to the upper floor, there are two further bedrooms. These rooms also enjoy excellent natural light and offer scope for customisation.
Completing the accommodation is the family bathroom, featuring a bath, low level WC, and wash hand basin. Additional benefits include double glazing throughout and gas central heating.
Excellently located close to local amenities, shops, schools, and transport links, this home offers not only convenience but also great potential to be transformed into a truly special property.
Council Tax Band: B (Torbay Council) Tenure: Leasehold (993 years) Ground Rent: £0 per year Service Charge: £441.95 per year In relation to pets the lease states: Keep any animal, bird or reptile which does or may cause any nuisance or disturbance to the Landlord or the owners or occupiers of adjacent or neighbouring premises.
Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 49 Parkfield Road, Torquay
Explore nearby