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See how verdicts work3-bedroom house · TQ1 4NR
For saleReduced £5k (−1.4%) on 31 JulListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a Private Gated Close in the sought after area of St Marychurch, this 3 Bedroom Semi Detached House offers the perfect opportunity to create a spacious family home within walking distance to St Marychurch Precinct, local schools and amenities.
About This Property This 3 Bedroom Semi Detached Home is situated in the heart of St Marychurch, in a gated development.
The front gate leads into a private lawned front garden ideal for catching the morning sun, with a path leading down a front patio and front door.
The front door leads into the entrance hallway with understair storage, with doors to the lounge/dining room and kitchen.
The dual aspect lounge/dining room has patio doors into the rear garden and double doors leading into the kitchen.
The spacious kitchen is fitted with a range of wall and base units with cathedral style doors, with space for an oven, dishwasher and undercounter fridge freezer.
This leads on to a breakfast room with patio doors to the rear patio, with access to a downstairs toilet and storage space with plumbing for a washing machine.
Upstairs there are 2 bright double bedrooms with picture windows and a single bedroom, along with a bathroom with cream suite. There is also a handy storage cupboard.
To the rear of the property, there is a flat landscaped garden which is lawned, with a patio and borders, ideal for enjoying the evening sun.
Material Information What3words: ///yappy.leaps.hope Tenure: Freehold Council Tax: Band C with Torbay Borough Council Estate charge: £275 p.a.
Payable to Lornas Corner Management company, covering the road, lights and cleaning Mains: Gas, electricity, water and drainage Heating: Gas central heating Parking: Two parking spaces on the private road Rights and Restrictions: Call office Metalliferous Mine Search Required.
This does not mean there is definitely a mining threat to your property; however, MineScanner® has identified a threat somewhere within a 2000m radius & that a Mining Search report is needed to discount or clarify any further risks Agents Note St Margarets Close is owned by Lorna's Corner (Torquay) Management Company in which each house has one director i.e.
The close is self managed. The annual maintenance contribution is to be confirmed, towards street lighting, insurance, upkeep and maintenance of the pavement and road.
The close is gated with access for parking only for the residents and their visitors.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 6, St Margarets Close, Torquay
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