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See how verdicts work1-bedroom flat · TQ1 1PN
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Arriving at this well-presented one bedroom ground floor apartment, the property benefits from the added convenience of an allocated parking space.
Upon entering through the porch and into the welcoming hallway, there are useful built-in storage cupboards, providing excellent space.
The hallway leads through to a bright and spacious lounge, flooded with natural light and offering a comfortable setting to relax and unwind.
The kitchen is fitted with a range of wall and base units with work surfaces over and benefits from a four-ring gas hob, electric oven and space for an under-counter fridge and washing machine.
The generous double bedroom enjoys plenty of natural light, providing a comfortable and peaceful retreat.
Completing the apartment is a modern shower room, comprising a walk-in shower, low-level WC and wash hand basin.
Further benefits include double glazing throughout and access to well-maintained communal gardens that can be enjoyed during the warmer months.
The property is also ideally located for enjoying the stunning South Devon coastline with scenic coastal walks just a short distance away.
Torquay Harbour and the vibrant town centre are also within easy reach, providing a wide range of shops, restaurants, leisure facilities and attractions.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (163 years) Ground Rent: £5 per year Service Charge: £3,100 per year Please note in relation to pets the lease states: Not to keep or permit to be kept on the demise premises any pet or animal without the prior consent of the Lessor.
Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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
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FAQ
About Flat 3, Glenallon, Torquay
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