We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · TQ1 1NT
Under offerReduced £5k (−6.9%) on 26 OctListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Self-contained ground floor maisonette arranged over two levels. The property has been recently refurbished and is presented in good condition throughout.
The accommodation includes an open-plan kitchen and living space on the entrance level, with a bedroom and en-suite shower room on the lower ground floor.
The property benefits from double glazing and gas central heating. There are no restrictions on letting, allowing use for residential or short-term/holiday accommodation.
LOCATION Situated on Warberry Road West, on the elevated slopes above Torquay town centre. The property is within easy reach of the town centre, harbour and seafront.
The location is suitable for owner occupiers, second home buyers or investors, particularly those looking for a holiday let or AST investment.
The premises briefly comprises:- OPEN-PLAN KITCHEN/LIVING AREA 11' 10'' x 14' 3'' (3.60m x 4.34m) Fitted kitchen units, space for appliances, wall-mounted boiler.
Stairs down to:- BEDROOM 10' 11'' x 8' 2'' (3.34m x 2.48m) EN-SUITE WET ROOM With shower, WC and wash basin. TENURE Available on a new 999-year lease, to be created on sale.
The leasehold contributes a share towards water, buildings insurance and maintenance of communal areas. Peppercorn ground rent. PRICE An asking price of £72,000.
EPC RATING D COUNCIL TAX BAND A LEGAL COSTS Each party will be responsible for their own legal costs unless expressly agreed otherwise.
VIEWING Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Warberry Road West, Torquay, Devon
Explore nearby
