2-bedroom flat · TQ1 2ND
For saleReduced £30k (−14.3%) on 20 JunListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The property is accessed via a spacious entrance hallway with phone intercom system, leading to two well-proportioned double bedrooms.
The bright and airy living space takes full advantage of the elevated position, featuring a Juliet balcony that frames breath-taking coastal views.
The kitchen also benefits from sea views, making it a wonderful space to enjoy the outlook throughout the day.
Further accommodation includes a modern bathroom and a separate toilet, adding to the practicality of the layout.
Situated in a quiet and sought-after residential area, the apartment offers the perfect balance of peace and convenience, with Wellswood shops and Torquay Harbour just a short walk away.
An ideal home, holiday retreat, or investment opportunity, offering location, views, and privacy in equal measure.
Council Tax Band: C Tenure: Leasehold (162 years) Service Charge: £2,908 per year Carrick Johnson management company No pets permitted No holiday lets permitted btl permitted Hall Intercom.
Carpet flooring. Electric points. Built-in sliding mirror wardrobe. Radiator.
Kitchen (11.00' x 7.75') The kitchen is tiled throughout and has a matching range of wall and base units with worksurface over. Induction hob with stainless-steel extractor hood above.
Stainless steel sink/drainer. Built in washing machine. Ceiling spotlights. Built in 'Stoves' doube oven. Living Room/Diner (20.08' x 11.50') Carpet flooring.
Full height 'Juliet style' balcony' with sea views. TV point. Electric points. Radiator. Bedroom 1 (13.58' x 11.75') A generous double bedroom. Carpet flooring.
Double-glazed window to the front aspect with sea views across Torbay. Radiator. Electric points. Bedroom 2 (11.75' x 11.33') Carpet flooring. Double-glazed window to the rear aspect. Radiator.
Electric points. Bathroom (6.08' x 5.58') Tiled throughout. Vanity wash-basin. Panel-enclosed bath with 'Grone' shower over.
Double-glazed window to the front aspect with elevated sea views across the bay.
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
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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
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FAQ
About 31 Ridgeway Heights, Torquay
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