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See how verdicts work1-bedroom flat · TQ2 5AN
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious one-bedroom first-floor apartment is located within a small, well-maintained development in a secluded position on the outskirts of the town centre, offering both peace and convenience.
Ideally situated, the property provides easy access to local shops, amenities, and excellent transport links.
The accommodation comprises a generous double bedroom, an impressive 23ft open-plan lounge and dining area with a modern kitchen adjoining, a welcoming entrance hallway, and a well-appointed bathroom.
The apartment further benefits from double glazing and gas central heating throughout, ensuring comfort and energy efficiency.
Externally, the property offers allocated parking, additional visitor parking, and attractive, well-maintained communal gardens, making it an ideal home for first-time buyers, professionals, or investors alike.
Communal Entrance Hall Stairs rise to the first floor landing. Entrance Hall Coving to textured ceiling. Smoke alarm. Circuit breaker box. Built in cupboard. Door entryphone handset.
Doors to :- Living Room Coving to textured ceiling. Dual aspect UPVC double glazed windows overlooking the front and the side of the property. Two central heating radiators with thermostatic controls.
Built in storage cupboards one housing the boiler. TV point. Open plan through to :- Kitchen Range of wall and floor mounted units with rolled edge work surfaces and tiled splashbacks.
Single drainer sink with mixer tap over. Integrated oven and hob with cooker hood over. Breakfast bar. Display cabinets. Space and plumbing for washing machine. Recess for Fridge/Freezer.
Bedroom (10' 11'' x 11' 3'' (3.32m x 3.43m)) Coving to textured ceiling. UPVC double window overlooking the front of the property. Central heating radiator with thermostatic control. Spotlighting.
Bathroom (5' 4'' x 7' 11'' (1.62m x 2.41m)) Coving to textured ceiling. Three piece suite comprising wash hand basin set within useful vanity unit. Low level WC.
Bath with fitted thermostatic mixer shower and glazed shower screen over. Extractor fan. Tiled walls. Towel radiator. Mirror. Wood effect flooring.
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
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FAQ
About flat 5 Fernlea, Mill Lane, Torquay
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