Studio flat · TQ2 5YE
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION COMMUNAL ENTRANCE Stairs and lift leading to all floors. Communal laundry room (payable). LANDING Composite front door to Flat 34. HALLWAY Built-in linen cupboard. Smoke alarm.
Central heating radiator. Doors to :- KITCHEN - 2.2m x 1.83m (7'2" x 6'0") Range of units with squared edge work surfaces. Single drainer sink with taps over.
UPVC double glazed window with views across rooftops towards the Warberries in the distance.
STUDIO ROOM - 5.5m max x 4.7m max (18'0" x 15'5") Dual aspect UPVC double glazed windows with views across the rooftops towards the sea in the distance. Central heating radiator.
Fitted cupboard housing fusebox and electrcity meter. UPVC double glazed window with views across rooftops towards the Warberries in the distance.
BATHROOM - 1.67m x 1.59m (5'5" x 5'2") Suite comprising pedestal wash hand basin, WC and bath. Tiled spashbacks. Extractor fan. AGENTS NOTES The property is LEASEHOLD with over 900 years remaing.
Central heating and hot water is supplied via a communal boiler with the costs included in the service charge which we are told are circa £198 p/c/m. Managed by Crown Property Managment.
Council Tax Band A. No holiday letting or pets allowed. Open reach says there is fibre to cabinet broadband in the street.
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 34 Waldon Point St. Lukes Road South, Torquay, Devon, TQ2 5YE
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