2-bedroom house · TQ1 3TU
For saleListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With an impressive outlook looking towards Lyme Bay and the coastline of East Devon, the property offers comfortable one floor living, far reaching views and attractive gardens.
The kitchen is well fitted with ample storage, with two windows and a door opening to the garden, the living room has a dual aspect with bi-fold doors opening directly onto a glazed balcony, each of the two bedrooms are of good size, complemented by a well appointed shower room, welcoming hallway and side lobby.
Terraced rear gardens, arranged over defined levels, small garage/store, garden to the front designed for ease of maintenance, driveway parking.
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
Agent & docs
FAQ
About 3, Locks Close, Torquay
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