3-bedroom flat · TQ7 1PZ
Sold STCReduced £10k (−6.3%) on 23 SepListed 176 days
Opportunity summary
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About
Luscombe Maye are pleased to present this charming three-bedroom apartment, ideally situated in the heart of Kingsbridge, within easy reach of local amenities.
This modern and spacious first-floor property offers a perfect blend of comfort and convenience.
The apartment is accessed via a welcoming communal porch featuring an attractive stained-glass detail, leading into a well-maintained entrance hall with a short flight of steps up to the front door.
Upon entering, you will find two generously sized bedrooms to the right, both benefiting from large sash windows that allow an abundance of natural light.
To the left is a well-appointed bathroom comprising a white suite with a shower over the bath. Further along, the property opens into a bright and airy open-plan kitchen, dining, and living area.
This impressive space is enhanced by large sash windows, creating a warm and inviting environment ideal for cooking, entertaining, and relaxing.
Leading off this main living area is the third bedroom, a well-proportioned room also featuring large sash windows.
The property benefits from a designated parking space, a real benefit of the property considering the central location.
The property was previously tenanted with the last 2 tenants paying £1,000 per calendar month, equating to a 7.5% gross yield.
An excellent opportunity for first-time buyers or investors alike, this property is superbly located on Kingsbridge High Street, placing local amenities right on the doorstep.
Situation The property is situated in the heart of Kingsbridge, a popular and vibrant market town in the South Hams district of Devon.
Known for its picturesque estuary setting and strong community feel, Kingsbridge offers a wide range of local amenities including independent shops, cafés, restaurants, supermarkets, and leisure facilities.
The town lies within easy reach of the stunning South Devon coastline, with beautiful beaches such as Bantham and Bigbury-on-Sea just a short drive away.
The surrounding countryside also provides excellent opportunities for walking, sailing, and other outdoor pursuits.
Kingsbridge benefits from good transport links to nearby towns including Salcombe, Totnes, and Dartmouth, while Totnes offers a mainline railway station with direct services to London Paddington.
Verified Material Information Council Tax band: A Tenure: Leasehold Lease length: 963 years remaining Ground rent: £50 pa Service charge: £1000 pa Property type: Flat Property construction: Standard brick and block construction Energy Performance rating: E Number and types of room: 3 bedrooms, 1 bathroom, 1 reception Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Electric Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Great, Vodafone - Good, Three - Good, EE - Good Parking: Allocated Building safety issues: No Restrictions - Listed Building: Listed building 1107528: 70 And 72 Fore Street Kingsbridge [listed buildings for the Parish of Kingsbridge.
Grade II, (1/10). Property shown in the 3rd List of Buildings of Special Architectural or Historic Interest for the District of South Hams.
Probably C18 altered, 3 storey, rendered, 2 flush frame sash windows at upper floors. Cl9 wood shop fronts, one with entrance on splay, left. Wide eaves soffit.].
Restrictions - Conservation Area: Conservation area CONSAREA_22: Kingsbridge.
Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No Loft access: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Porch House,Flat 1, Fore Street, Kingsbridge
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