2-bedroom flat · TQ1 4FS
Listing removedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Please note: In order to schedule a viewing for this property, you must complete an online application. To apply, visit the property on our website and click the red "Apply Now" button.
All tenants will be subject to pre-screening and must be able to provide valid id in line with UK Right to Rent requirements.
Occupying a convenient position in the heart of St Marychurch, just a short distance from the Precinct and its range of shops, cafés and local amenities, this well-presented two-bedroom first-floor apartment offers spacious accommodation finished to a high standard.
The property further benefits from an allocated parking space to the front of the building, with both lift and stair access serving all floors.
A particular feature of the apartment is the impressive full-width balcony, which provides generous outside space for seating and enjoys attractive sea views.
Accessed directly from the living room, it creates an excellent extension of the main living accommodation and an appealing setting in which to relax.
The generously proportioned living room connects naturally with the contemporary fitted kitchen, which provides ample cupboard and worktop space complemented by under-cabinet lighting.
Integrated appliances include a slimline dishwasher, washing machine, fridge/freezer and double eye-level oven, together with an inset gas hob beneath an extractor hood and a 1.5-bowl stainless steel sink with drainer.
There are 2 well-proportioned double bedrooms, both enjoying windows overlooking the balcony, while a modern 3-piece bathroom suite completes the accommodation.
Combining a central St Marychurch location with sea views, private outside space, allocated parking and a high-quality finish, the apartment offers an attractive and practical home in a particularly convenient setting.
Council Tax Band: B (Torbay Council) Deposit: £1,269 Holding Deposit: £253 Broadband options available at the property include: * Standard broadband (14Mbps download, 1Mbps upload).
* Superfast broadband (80Mbps download, 20Mbps upload). * Ultrafast broadband (330Mbps download, 50Mbps upload). - Networks in the area: Openreach
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 24 Gracewood Court, Torquay
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