3-bedroom semi-detached house · TQ2 5BE
For saleReduced £15k (−6.3%) on 5 AugListed 112 days
Opportunity summary
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About
Situated on a tree lined road, this chain free late 1800s limestone built semi detached home is full of rustic charm, original features and potential.
Surrounded by Victorian high stone walls, the property enjoys a peaceful and private setting that feels more like a country cottage, whilst only being a short walk to Torre Station, Torquay Seafront and town centre.
About This Property The front gate opens into a delightful mature garden planted with Bluebells, Wild Garlic, Rosemary, Holly, a large Fuchsia, a Rose bush and a rare Chilean Wineberry tree.
The accommodation begins with an entrance porch, with a ground floor WC and a useful utility/boot room.
The space currently benefits from plumbing for a washing machine as well as hot and cold connections with isolating valves ready for a sink or dishwasher if desired.
The hallway leads through to the kitchen, which features stunning exposed limestone walls, pine floorboards, a traditional freestanding gas cooker with eye level grill and a stainless steel free standing sink and drainer, enhanced by an antique floor-standing cast iron radiator.
The kitchen is functional and offers excellent scope for a purchaser further fit out the kitchen to their taste, creating a space tailored to their own style and requirements.
The spacious living room enjoys two windows overlooking the rear patio, built-in storage and an original fireplace.
Upstairs are three well proportioned bedrooms, with bedroom two retaining an original fireplace.
A spacious shower room completes the first floor, fitted with a corner shower, WC, bidet and wash basin and offers plenty of room to fit a bath if desired.
The rear garden is bright and open and is designed for easy maintenance, with a patio that enjoys sun from late morning until sunset, creates an ideal space for outdoor dining and relaxation.
The current owner has sympathetically restored the property, exposing original floorboards throughout, redecorating the interior walls and retaining many of its period features, including antique floor standing radiators in the hallway and kitchen.
Offering a wonderful balance of character and opportunity, this unique home provides buyers with the chance to complete and personalise a charming Victorian property to their own tastes, with the added benefit of no onward chain.
Material Information What3words: ///pretty.needed.chill Tenure: Freehold Council Tax: Band B with Torbay Borough Council Mains: Gas, Electric, Water & Drainage Heating: Gas Central Heating Parking: On street (no restrictions) Rights and Restrictions: Call office Agents note: There is a small flying freehold in bedroom 3
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.
Area
Agent & docs
FAQ
About 16, Cleveland Road, Devon
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