Auction
Auction date passed
This lot went to auction on 26 October 2026 (2 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat · PL19 0DU
For saleListed 32 daysAuction 26 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £45,000 (plus fees).For sale by national timed auction, bidding opens 26th of October 2026 and closes 24 hours later. A studio flat in Tavistock.
Legal pack available to download free of charge via our website. Studio Flat A ground floor flat in Tavistock. The accommodation comprises an open plan living/bedroom, kitchen and a bathroom.
PVCu D/G and GCH. The property is located close to the town centre, shop and amenities. There will be a new 999 year lease on completion.
AUCTIONEERS NOTE The seller will not respond to direct enquiries. Please direct all queries to Auction House South West and consult the legal pack (when available).
ACCOMMODATION Living Room/ Bedroom Kitchen Bathroom FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website.
All published information is to aid identification of the property and is not necessarily to scale. VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction.
Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Tenure: Leasehold EPC Rating: D66 Administration Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Flat 1, Madge Court, King Street, Tavistock PL19 0DU
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