2-bedroom flat · TQ9 5PB
Listing removedListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, Grade II listed apartment with two double bedrooms in the centre of Totnes. Large/bright living area with bay window overlooking Totnes castle, spacious open plan kitchen.
White goods included. Gas central heating. Furnished. Pets by negotiation. EPC Band: C. Tenant fees apply.
Situation - Totnes town is a bustling market town with a range of independent shops and recreational facilities.
The town is one of Devon's gems, full of colour and character, that stems from a rich cultural, historical and archaeological heritage.
The facilities include a hospital, a wide range of good local schools, two supermarkets, an interesting range of galleries, together with riverside walks, the Guild Hall, churches and its very own Norman Castle.
There is a mainline railway station with links to London Paddington and the A38/Devon Expressway is approximately 6 miles away, allowing speedy access to the cities of Exeter and Plymouth and the country beyond.
Access - The property is accessed through a communal door off of the High Street, then there is a flight of stairs ascending to the flat door.
Once through the flat door, there is a further flight of stairs, leading to the hallway (which is big enough to be used as a dining space).
Living Room - Good size living room with a bay window to the back of the property and an alcove for storage. There is an archway that leads to the kitchen.
Kitchen - Spacious kitchen with wall and floor units throughout. There is a freestanding fridge, washing machine and oven/hob. There are windows to the back and side of the property.
Bedroom 1 - Double bedroom, with a built in rail and shelving for storage. Window to the front of the property, looking out onto the High Street.
Bedroom 2 - Double bedroom, with a built in rail for clothing. Window to the front of the property, looking out onto the High Street.
Bathroom - Comprises of a shower over bath, WC and hand wash basin. Services - Mains gas, electricity and water. Council Tax band: A. Gas - Heating.
South Hams Council Ofcom predicted broadband services - Superfast: Download 2000 Mbps, Upload: 2000 Mbps. Ofcom predicted limited mobile coverage for voice and data: EE, Three and Vodafone.
Letting - The property is available to let on an assured periodic tenancy, furnished and is available September. RENT: £1,100.00 pcm exclusive of all charges.
DEPOSIT: £1,269.00 returnable at end of tenancy subject to any deductions (all deposits for a property let through Stags are held on their Client Account and administered in accordance with the Tenancy Deposit Scheme and Dispute Service).
References required, viewings strictly through the agents. Pets may be considered at this property subject to a vetting application.
Holding Deposit & Tenant Fee - This is to reserve a property and set off against the first month’s rent and deposit.
The Holding Deposit (equivalent of one weeks rent) will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request.
Tenant Protection - Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme.
In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme. Renters Right Bill - The first phase of the Renters Rights Act was implemented on the 1st May 2026.
The legislation introduced many reforms affecting how tenancies are conducted.
This includes the introduction of the month to month Assured Periodic Tenancy ending the fixed term agreement and the abolition of section 21 notices now utilising the amended Section 8 notice provisions plus other reforms.
For further information and guidance please contact our offices or visit our Renters Rights Hub at Stags.co.uk.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 High Street, Totnes
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