2-bedroom flat · TQ2 6JT
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please Quote JK1243 - Situated in the highly sought-after Shiphay area of Torquay, this beautifully presented ground floor apartment offers an enviable lifestyle opportunity, perfectly combining coastal views, countryside surroundings and everyday convenience.
Enjoying sea views to the front and positioned on the edge of open countryside, the property further benefits from its own private garden, creating an ideal space for relaxing, entertaining or simply enjoying the peaceful setting.
The accommodation is both welcoming and practical, beginning with an entrance hall featuring a useful storage cupboard.
The spacious lounge/diner is flooded with natural light and enhanced by newer double glazed French doors opening directly onto the garden, seamlessly blending indoor and outdoor living.
The kitchen has been tastefully designed and decorated, offering a stylish yet functional space for modern living.
There are two generous bedrooms, both benefitting from fitted storage/wardrobe space, together with a contemporary refitted shower room finished with eye-catching vibrant green tiling, adding a unique touch of character.
Perfectly positioned for those who enjoy the outdoors, the property is only a short distance from the picturesque village of Cockington, renowned for its charming thatched cottages, country pub (The Drum) and stunning countryside walks.
The property is also conveniently located within easy reach of the A380, providing excellent transport links to Exeter and beyond, making it ideal for commuters, first-time buyers or the actively retired seeking both tranquillity and accessibility.
Value & comps
No previous sales on record.
Returns
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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 Ferndale Road, Torquay, TQ2 6JT
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