1-bedroom flat · PL19 9FD
For saleReduced £10k (−7.4%) on 22 JulListed 153 days
Opportunity summary
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About
Offered with no onward chain, is this spacious and well presented second floor apartment, being generous in size, light and airy.
With lift access, community lounge and laundry room, this secure gated development for the over 55's, enjoys a pleasant aspect to the rear. The double bedroom boasts a large built-in wardrobe.
Ample private parking is available and mobility scooter storage. Other facilities on the site include a residents' lounge hosting many social activities, including occasional film night.
A guest room, available at a low cost, laundry room and waste/refuse disposal room are available also for residents. There is also a House Manager and 24 hour emergency careline system.
Approached via lift access, the apartment comprises its own entrance hall, with large built-in airing cupboard housing the hot water cylinder, a generous lounge/diner, enjoying a pleasant aspect to the rear.
French doors into a modern kitchen, compact with range of wall and base units, space for fridge, built-in oven and ceramic hob with extractor over, views to rear.
There is a double bedroom with built-in wardrobes and a large shower room with walk-in shower, WC and basin. The vendor would be happy to include the contents of furniture if required.
Entrance Hall Lounge/Diner (5.34 x 3.33 (17'6" x 10'11")) Kitchen (2.23 x 2.16 (7'3" x 7'1")) Bedroom (4.10 x 2.75 (13'5" x 9'0")) Shower Room (2.13 x 1.69 (6'11" x 5'6")) Services Mains electricity, water and drainage.
Night storage heating. Local Authority West Devon Borough Council - Band B Epc B83 Tenure Leasehold - 125 Year Lease granted in 2008 - 108 years remaining. Ground Rent £425.00 per annum.
Service Charge £2846.46 per annum. Situation Tavistock is an ancient stannary and market town located on the edge of the Dartmoor National Park.
The town offers a wide range of located and national shops whilst also boasting the renowned pannier market, riverside park, leisure centre and theatre.
The area is excellent for visitors both to see the town itself and for exploring the surrounding countryside, the wild Dartmoor scenery and the many neighbouring pretty villages and a variety of National Trust properties.
There are exceptional educational facilities in both the state and private sector.
The town itself has fantastic sporting facilities including, tennis courts, a bowls club, athletics track and various football pitches.
For golf enthusiasts, there are excellent golf courses nearby, at Yelverton and Tavistock and St. Mellion.
There are also opportunities to fish by arrangement on a number of local rivers, including the Walkham, Tavy and Tamar.
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
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FAQ
About 41 St. Johns Court, Abbey Rise, Tavistock
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