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See how verdicts work1-bedroom flat · TQ2 7QA
For saleReduced £5k (−6.7%) on 22 OctListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A chain-free one-bedroom first floor flat situated within the Hele area of Torquay, offering convenient access to local amenities and transport connections.
The property benefits from gas central heating, double glazing and a particularly useful amount of storage throughout.
The property may also prove attractive to buy-to-let investors, with an indicative rental value in the region of £650-£695 per calendar month, representing an approximate gross yield of approximately 10% based on the asking price.
The accommodation is approached via a communal entrance at ground floor level, with stairs rising to the first floor and the private entrance to the flat.
Immediately outside the property are two lockable storage cupboards positioned within the communal hallway, one of which houses the gas boiler.
Upon entering, the accommodation opens into a comfortable living room featuring a double glazed window to the front, radiator and a fireplace with decorative mantelpiece surround.
From here, a door leads through to the kitchen, which is fitted with a range of wall and base units complemented by roll-edge work surfaces and tiled surrounds.
Further features include a stainless steel sink with mixer tap, cooker, space and plumbing for a washing machine and a double-glazed window.
Two built-in cupboards provide additional practical storage.
A further door from the living room opens into an inner hallway, where there is another built-in cupboard housing the utility meters and consumer unit whilst also providing useful storage space.
The double bedroom is accessed from the inner hallway and benefits from a built-in wardrobe with hanging rail.
Completing the accommodation is the bathroom, fitted with a three-piece suite comprising a bath with tiled surround, mixer tap and handheld shower attachment, pedestal wash basin and low-level WC.
A wall-mounted heated towel rail provides the finishing touch.
With its practical layout, generous storage and convenient location within Torquay, the property represents an appealing opportunity for both owner-occupiers and investors alike.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (89 years) Ground Rent: £10 per year Service Charge: £150 per month 125 years remaining on the lease from 1 April 1990.
Under Sanctuary management, the lease permits standard renting of the property but explicitly forbids pets and holiday lets.
Broadband options available at the property include: * Standard broadband (12Mbps download, 1Mbps upload) * Superfast broadband (49Mbps download, 11Mbps upload) * Ultrafast broadband (1800Mbps download, 220Mbps upload) - Networks in area - Openreach, Virgin Media
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 advisers 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
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FAQ
About 99 Pendennis Road, Torquay
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