2-bedroom bungalow · TQ2 8LJ
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom mid terrace bungalow located in the popular Watcombe Park area of Torquay and is being offered to the market with NO CHAIN. .
Tucked away in a quiet location this mid terrace bungalow offers spacious accommodation throughout and is an ideal purchase for any budding gardeners.
The property is approached via a mature front garden with Palm tree, flower beds and ramp leading to the main accomation, comprising Entrance porch, Lounge with double glazed window overlooking the front gardens.
Kitchen with a comprehensive range of built in units with undercounter fridge and freezer, space for appliances and a breakfast bar area. There are two double bedrooms and a shower room.
The rear garden offers a decked area with water tap and garden beyond with pathway and gate giving access to communal pathway at rear. The garage is situated in a block in Velland Avenue.
Material Information What3words: ///hero.chips.duty Tenure: Freehold Council Tax: Band C with Torbay Borough Council Mains: Electricity, gas, water and drainage Heating: Gas central heating Parking: Garage in a block Rights and Restrictions: Call office
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 Velland Avenue, Torquay, Devon
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