1-bedroom flat · TQ1 2BZ
For saleReduced £10k (−5.9%) on 14 OctListed 93 days
Opportunity summary
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About
Communal entrance door Door with secure entry phone system leads into :- communal hallway Stairs rise to the top floor landing. Top floor landing Front door to Apartment 9.
Hallway Useful cloaks/storage cupboard. Doors to :- living room - 7.36m x 5.4m (24'1" x 17'8") A light and airy room with UPVC double glazed windows overlooking the surrounding are. Coved ceiling.
Spotlighting. Dado rail. Radiator. T.V. Aerial point. Archway and step up to a Dining area. Tiled floor. Double glazed door opening out onto the Sun Terrace.
Kitchen - 3.62m x 2.35m (11'10" x 7'8") UPVC double glazed window and door looking out and leading to the roof terrace enjoying far reaching views out across Torquay and beyond.
Fitted with a range of wall and floor mounted 'shaker' style units and co ordinating worksurfaces. Part tiled walls. Integrated washing machine and dishwasher. Space for cooker.
Space for fridge/freezer. Cupboard housing the gas boiler. Bedroom - 3.6m x 3.5m (11'9" x 11'5") UPVC double glazed window. Central heating radiator.
Shower room Well appointed with an oversized walk-in fully tiled cubicle and shower with rainfall head. Pedestal wash basin. Low level W.C. Extractor fan. Spotlighting. Tiled walls. Towel radiator.
Roof terrace A lovely space ideal to relax and enjoy or entertain. Enclosed by a stainless-steel balustrading and with glazed panels.
Enjoying open views across towards Torre Abbey Sands, the sea front, Torquay Marina and Dartmoor in the distance. Outside light. Access to the external metal fire escape.
Outside To the rear there are well maintained communal garden areas. There are 2 undercover parking spaces for the apartment in the adjoining Garage.
Agents notes The property we are told is Leasehold for 999 years from 1965 with all apartments owning a share of the Freehold. Service charge is circa £2000 per annum. It is Council Tax Band C.
The are 2 undercover parking spaces in the adjoning garage.
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 Vane Cliff, 7,Flat 9, Vane Hill Road, Torquay
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