1-bedroom house · TQ14 8AQ
For saleReduced £5k (−5%) on 25 SepListed 157 days
Opportunity summary
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About
Chain Free First Floor Apartment In The Popular Leander Court Development, Designed For Those Aged 55 Plus And Ideally Positioned Close To Teignmouth Beach, The Estuary, Town Centre And Local Amenities.
Offered to the market chain free, this well presented first floor apartment enjoys a pleasant outlook over the rear gardens within the popular Leander Court development.
Designed specifically for those aged 55 and over, the property offers comfortable, low-maintenance living in an enviable location just across from Teignmouth beach and the estuary, with the town centre and a wide range of local amenities only a short, level walk away.
The apartment has been recently decorated and benefits from new carpets in the lounge, bedroom and hallway.
A secure communal entrance leads into the development, where both stairs and lift access serve the first floor.
Inside, the accommodation begins with an entrance hallway offering useful storage, including an airing cupboard with a factory-lagged hot water cylinder and shelving, together with an additional cloaks cupboard.
The lounge is a bright and welcoming room, featuring a uPVC double glazed square bay window overlooking the courtyard and a wall-mounted Dimplex night storage heater.
From the lounge, a door leads through to the kitchen/breakfast room, which is fitted with a range of base and eye-level units, high gloss laminate work surfaces, tiled splashbacks and a stainless steel sink with mixer tap.
There is space and plumbing for a washing machine, along with space for a cooker, fridge and freezer, while a breakfast bar provides a practical dining area.
Residents also have the option of using the communal laundry facilities if preferred.
The double bedroom enjoys a courtyard outlook through a uPVC double glazed window and includes a built-in wardrobe with sliding doors, hanging rail and shelving.
The accommodation is completed by a modern fitted shower room comprising a concealed cistern WC, pedestal wash hand basin and oversized shower cubicle with glazed sliding door and screen.
Additional features include an extractor, shaver light and socket, fitted mirror, bathroom cabinet, wall-mounted electric heater and heated towel rail.
Leander Court provides a range of communal facilities designed to support a sociable and convenient lifestyle, including a residents' lounge, laundry room, garden area and organised social activities.
There is also a bookable guest suite available for visitors, along with the reassurance of a resident manager and Careline alarm system with pull cords throughout the apartment.
Material Information Subject To Legal Verification EPC Rating: B Council Tax Band: B Tenure: Leasehold Ground Rent: £100 Per Year Annual Service Charge: Approx £3,985.68 Lease Length: 86 Years Remaining (End date - 01/01/2113)
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.
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About Flat 18 Leander Court, Strand, Teignmouth
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