1-bedroom house · TQ1 2RJ
For saleReduced £5k (−7.1%) on 22 JunListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to purchase with no onward chain is this one bedroom retirement apartment ideally located in Wellswood Village.
Inside, briefly comprises, of reception hallway with ample storage cupboards, bathroom suite, bright and airy lounge, and a fitted kitchen.
The apartment needs updating throughout but has potential to make a lovely home for a new buyer.
Glenside Court has the added benefit of a large, lockable private storage area situated in the lower ground floor of the building, lift access to all floors and a disability access ramp to the front door.
To the rear of the building are delightful and well established and private communal gardens for the residents enjoyment.
To the rear of the building are delightful and well established and private communal gardens for the residents enjoyment. Parking is available on road only.
Glenside Court is a purpose built retirement care development comprising of 30 flats arranged over four floors, providing 24 hour assisted security.
Glenside Court occupies a much sought after residential position just off Ilsham Road, Wellswood, being within yards of local boutique shops, cafes and further facilities and amenities on Ilsham Road and close to a bus stop which connects Torquay town centre, seafront and harbour which also have a fantastic array of restaurants, cafes, shops, facilities and further amenities, approximately 3⁄4 of a mile away.
Ilsham Valley and Meadfoot Beach are also within close proximity, with their stunning scenery and coastal cafe.
An internal inspection is highly recommended to appreciate the condition the accommodation boasts.
Agents Notes: Leasehold, 65 Years Remaining On The Lease Glenside Court is Managed by First Port Service Charge is Approximately £3181.67 Per Annum Electric Heating System Cavity Wall Insulation Installed October 2014 With The Remainder of 25 Year Guarantee No Onward Chain Council Tax Band - A EPC Rating - C EPC Rating: B Location Located in The Highly Sought After Area of Wellswood, Is This Upper Floor Retirement Apartment Offered To The Market With No Onward Chain, Disabled Access, Well Presented and Maintained Communal Gardens and Easy Access To Local Shops, Beaches and Bus Routes...
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.
Area
Agent & docs
FAQ
About Flat 24, Glenside Court Higher Erith Road, Torquay
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