2-bedroom flat · TQ7 1DA
Listing removedListed 42 days
Opportunity summary
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About
A superb and conveniently located, well presented two double bedroom top floor apartment with good views towards the estuary. A single allocated off road parking spot. No onward chain.
Council Tax Band: B. EPC: Band C.
Situation Malt Mill is located on the favoured Embankment Road in the much sought-after part of the town, being within easy walking distance of the centre of the town with its many shops, restaurants and pubs.
Kingsbridge offers an excellent range of further facilities which include two supermarkets, a cinema, leisure centre with indoor swimming, medical centre and community hospital, library, schools and churches.
There are boat moorings, quays and slipways close by and the area has an abundance of sandy beaches and coastal and countryside walks.
The popular sailing towns of Dartmouth and Salcombe are within easy reach.
Decription 14 The Malt Mill is a superbly located top floor apartment within this attractive barn conversion, set just a short stroll from the Quayside and Market Square.
The property has been in the same ownership for approximately 19 years and is now offered for sale with no onward chain.
The apartment is available with furniture (by separate negotiation) if required.
Access to the building is gained through two entrance doors, each leading to a central staircase hall which rises to the second floor and the private entrance to No. 14.
There is the benefit of an intercom entry system from the front entrance door, together with individual ground floor letterboxes for each apartment.
Accommodation The apartment enjoys taller than average ceiling heights, creating a sense of space and light.
The accommodation is well presented throughout and briefly comprises: Entrance hall – with access to a cloakroom fitted with wash hand basin.
Open plan kitchen / sitting room – a superb living space with Juliet balcony enjoying views towards the Estuary.
The well-fitted kitchen area has a range of base and eye level units, laminate flooring and breakfast bar, with integrated appliances as follows: Bosch fan-assisted electric oven, Neff gas hob with extractor over, Worcester gas-fired combi boiler, undercounter fridge and freezer, space and plumbing for full-size dishwasher and washing machine.
The sitting room has a feature fitted electric fire for ambience and full-height glazed doors opening to the Juliet balcony.
There are two double bedrooms, the main bedroom with a taller than average fitted double wardrobe and the second room which is currently arranged with twin single beds.
The shower room has been refurbished, with a corner shower (mains hot water pressure), WC and built-in sink unit. Both bedrooms and the shower room benefit from fitted shutters.
Outside A single allocated off road parking space. Tenure Leasehold with a 999 year lease commencing in 2000.
Some pets may not be allowed or holiday letting is allowed; however long term residential letting is allowed.
The annual service charge is currently £2062, paid in two instalments on 1st August and 1st February. Services Mains water, drainage, electric and gas with gas fired central heating.
According to Ofcom, superfast broadband and good mobile coverage is available at this property.
Directions Malt Mill is located opposite the Town Square and is accessed either by a locked gate by a short path leading from the pavement just past the pedestrian traffic lights or off Ebrington Street for vehicular access.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 14 Malt Mill, Ebrington Street, Kingsbridge
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