2-bedroom flat · TQ1 3PJ
For saleReduced £10k (−9.1%) on 4 SepListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this spacious two bedroom second floor flat is ideally situated on the popular Warbro Road, conveniently positioned for local transport links and the amenities of both Babbacombe and St Marychurch.
About This Property The property is accessed via a secure communal entrance with stairs leading to the flat's private front door.
To the rear aspect is a fitted kitchen featuring a range of cream shaker-style wall and base units along with a useful storage cupboard.
The hallway also benefits from a substantial storage cupboard which offers excellent potential for conversion into a utility area, subject to any necessary consents.
The generously proportioned lounge looks to the front aspect and provides access to a private balcony. From the lounge, an inner hallway leads to the sleeping accommodation and bathroom.
There are two good sized double bedrooms, making the property suitable for a range of purchasers, including first-time buyers, downsizers and investors.
The accommodation is further enhanced by an airing cupboard, providing additional storage.
Material Information What3words: ///hooks.pump.undulation Tenure: Leasehold 125 years from 1 April 1987 Maintenance Charges: Tbc Ground Rent: Tbc Council Tax: Band A with Torbay Borough Council Mains: Gas, Electric, water and drainage Heating: Gas central heating Parking: No parking available Rights and Restrictions: Call office
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.
Area
Agent & docs
FAQ
About Flat 18, Warbro Court,, Warbro Road, Devon
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