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See how verdicts work1-bedroom flat · TQ2 8AB
For saleReduced £5k (−5.6%) on 2 OctListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Upon entering, the hallway leads into a spacious lounge/diner, which enjoys plenty of natural light and offers ample space for both comfortable seating and a dining table and chairs.
A door provides direct access to a private patio area, ideal for enjoying some fresh air.
The kitchen is fitted with a range of wall and base units with work surfaces over, space for a freestanding cooker and plumbing for a washing machine, together with useful additional storage cupboards.
The generous double bedroom also benefits from plenty of natural light. A bathroom completes the accommodation, comprising a bath, low-level WC and wash hand basin.
Further benefits include double glazing throughout.
Lincoln Green is situated in a convenient residential area of Torquay, offering easy access to a range of local amenities, schools and transport links, while the nearby Willows and Wren Retail Parks provide a wider selection of shops and everyday facilities.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (102 years) Ground Rent: £0 per year Service Charge: £1,416 per year Please note that the Ground Rent is included in the Maintenance Charge.
Please note the Lease states " No animal bird or reptile shall be kept in the flat without the written permission of the Landlord which if given shall be deemed to be by way of licence revocable at will.
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.
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FAQ
About 1 Lincoln Green, Torquay
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