2-bedroom flat · TQ6 9NJ
Sold STCListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and light-filled apartment enjoying some of the most impressive views across the River Dart, set in a prime position on the North Embankment and just a short riverside stroll from the town’s excellent selection of shops, bars, restaurants and galleries in the heart of the South Hams.
The apartment is flooded with natural light throughout and also benefits from an on site parking space to the rear of the building, a particularly valuable feature for such a central and highly sought-after waterside location.
This makes the property equally well suited as a stylish town-centre bolthole or an attractive investment opportunity in the very heart of Dartmouth, having been successfully holiday let by the current owners.
Situated on the first floor, the property is entered via a welcoming entrance hall where the sense of space and light is immediately apparent.
The main living accommodation is arranged as an open-plan sitting and dining room, positioned to the front of the apartment so that the superb river views can be fully appreciated.
The kitchen is a very well equipped and thoughtfully fitted space with a comprehensive range of wall and base units and a selection of integrated appliances, and a rear door provides access to the back of the building.
There are two comfortable double bedrooms, one of which is currently arranged as a twin room, while the principal bedroom is located to the front and again enjoys beautiful open views across the River Dart.
The family bathroom is a generously proportioned room fitted with both a bath and a separate shower cubicle.
Dartmouth is a picturesque and highly regarded waterside town, particularly well known as a sailing centre with excellent facilities for yachtsmen and for its famous annual Dartmouth Royal Regatta.
The town offers a wide and appealing range of independent shops, restaurants and galleries and is surrounded by stunning countryside, with some of the area’s most beautiful beaches only a short drive away.
There are also several excellent golf courses within easy reach.
Mainline railway services to London Paddington are available locally from Totnes, approximately 13 miles to the north, and access to the A38 Devon Expressway is available at Buckfastleigh, around 19 miles away.
Overall, this is a rare opportunity to acquire a beautifully positioned first floor apartment combining exceptional river views, generous natural light and the convenience of private parking in one of South Devon’s most desirable town-centre locations.
Tenure Freehold Annual Maintenance Charge £2400 p.a. paid twice yearly & A 1 /16 Share In The Freehold Management Company Services Mains electricity water and drainage.
Electric heaters Viewing Strictly by appointment with the Sole Agents, Marchand Petit, Dartmouth.
Telephone: Fixtures & Fittings All items in the written text of these sales particulars are included in the sale.
Other items are expressly excluded, regardless of inclusion in any photograph.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory working order
Value & comps
No previous sales on record.
Returns
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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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