2-bedroom flat · TQ2 7QG
Listing removedListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious light and airy two bedroom ground floor flat benefiting from level gardens front and back. The property has a good sized lounge, two double bedrooms, kitchen and a bathroom.
The property enjoys a level position and is conveniently located for local shops and on a bus route- being offered with no onward chain. Lease remaining 30 years. Cash buyers only!
UPVC Front door leading to. Lounge Diner - 4.82m x 3.83m (15'9" x 12'6") Bright and spacious with UPVC window, facing out to the front garden. Wooden flooring and radiator.
Kitchen - 3.58m x 2.01m (11'8" x 6'7") A white range of wall and base units, integrated oven and hob, space for fridge freezer and space for washing machine. UPVC window facing onto back garden.
Bathroom Modern large double shower with glass screen, sink and WC. Tiled walls and floors. Storage cupboard.
Bedroom One - 4.76m x 2.83m (15'7" x 9'3") A bright spacious double room, with white floor boards and UPVC window facing out to the back garden. Radiator.
Bedroom Two - 3.54m x 2.64m (11'7" x 8'7") Another double bedroom with UPVC window, facing to the side. Radiator. Outside Front Garden Level lawned area and patio seated area.
Back Garden Storage shed and bin area steps into pretty gardens with plants and shrubs. Lease remaining 30 years. Cash buyers only! Agents notes These details are meant as a guide only.
Any mention of planning permission, loft rooms, extensions etc, does not imply they have all the necessary consents, building control etc.
Photographs, measurements, floorplans are also for guidance only and are not necessarily to scale or indicative of size or items included in the sale.
Commentary regarding length of lease, maintenance charges etc is based on information supplied to us and may have changed.
We recommend you make your own enquiries via your legal representative over any matters that concern you prior to agreeing to purchase.
Please be aware there are only 30 years reamaining on lease which has been reflected on price...
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 177, Hele Road, Torquay
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