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See how verdicts work2-bedroom flat · TQ2 8HL
Listing removedReduced £15k (−13%) on 28 FebListed 447 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A welcoming hallway leads into a generously sized lounge/dining room, complete with an electric fire and space for both seating and dining areas.
The adjacent kitchen is fitted with a range of wall and base units, providing good worktop space and room for essential appliances.
The property features two double bedrooms, each offering neutral décor and ample natural light.
One of the bedrooms benefits from access to a private balcony-a perfect outdoor retreat for morning coffee or relaxing with a book.
The bathroom includes a three-piece suite with an electric shower over the bath and full wall tiling for easy maintenance.
The flat also benefits from gas central heating, double glazing, and secure intercom entry.
Council Tax Band: A Tenure: Leasehold Communal Entrance Enter the Communal entrance and take one flight of stairs to the apartment Hall 3.25ft x 4.92ft Carpet flooring.
Single radiator. Electric points. Kitchen 6.25ft x 14.08ft The Galley Kitchen. Currently has foam covering over floorboards.
A matching range of wall and base kitchen units with work surface over and plenty of electric points.
There is a Gas cooker point (currently with gas cooker fitted), Electric oven to the side and extractor fan above.
Stainless-steel sink with large double-glazed window (overlooking a communal outdoor patio area) There is also a store/pantry cupboard.
The central heating boiler (the boiler is a Viessmann and was newly installed in 2020 with a full yearly service history) is also housed in this area.
Lounge/diner 10.83ft x 17.08ft Laminate flooring. Large double-glazed window overlooking the front area.
Another double-glazed window to the side aspect overlooking the private balcony. Radiator. Several electric sockets; TV point. Electric fireplace with mantel over.
Inner Hallway Which leads to two bedrooms and a bathroom Bathroom 5.25ft x 9.19ft Suite comprises a Low Level WC; a wall-mounted wash-basin; Panel-enclosed bathe with shower over and obscured double-glazed window overlooking the communal courtyard.
Tiled walls. There is plenty of useful storage in the bathroom. Bedroom 2 8.17ft x 12.83ft Carpet flooring, UPVC double-glazed window overlooking the communal courtyard.
A useful amount of built-in storage space. Matching base-level bedroom units and also some wall units. Plenty of electric sockets. Master bedroom 9.17ft x 11.5ft Carpet flooring.
Built in range of fitted wardrobes with bridging storage cupboards over the bed; further built-in wardrobes also to the left of the room. Ample electric sockets.
Balcony 4.58ft x 9.83ft From the Master bedroom is access to a private balcony with a tiled floor; outside lighting and also outside storage.
Value & comps
No previous sales on record.
Returns
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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.
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About Clennon Court, Torquay
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