2-bedroom flat · TQ11 0AA
For saleListed 8 days
Opportunity summary
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About
This attractive flat occupies the first floor of a central period property and has been the subject of a recent refurbishment.
The accommodation has plenty of natural light with sash windows and a modern, clean cream-white finish throughout.
The open-plan living room and kitchen is of a good size and both bedrooms are capable of taking a double bed.
The shower room has a stylish suite and new floor coverings are being installed in every room.
There is currently no heating, though points for electric heaters are in a number of rooms and the shower room has two electric heaters.
The flat would make an excellent first home or for someone wishing to down-size, as well as a second-home base from which to enjoy Dartmoor.
Fore Street runs through the centre of the small South Dartmoor town of Buckfastleigh. There is a great range of local shops and amenities virtually on the doorstep.
The larger towns of Ashburton (10 minutes drive) and Totnes (20 minutes drive) each provide additional facilities, including a main line railway station at Totnes.
As well as being a gateway town to Dartmoor Buckfastleigh is readily accessible lying just off the A38 roughly midway between Plymouth and Exeter.
Council Tax Band: Band A at the time of preparing these particulars Tenure: Leasehold (999 years) Entrance Door from Fore Street to lobby area with inner door ahead to the flat and door on right for the shop (a secondary access for the shop).
Landing Hall Approached via a staircase from the ground floor. A good sized space with airing cupboard with hot water cylinder. Doors off to...
Living Room and Kitchen 19' x 12'6" overall measurements. Sash window to the front aspect. Ample electrical power points.
Kitchen area along the rear wall with wood effect worktop and inset stainless steel sink with mixer tap. Window over sink with outlook over roof tops to green hillside. Built-in electric oven.
Space for washing machine (not plumbed) beneath worktop. LED ceiling spotlights. Bedroom 1 12'2" x 9'8" Sash window to the front aspect. Ample electrical power points.
Bedroom 2 10'3" x 9' Sash window to the front aspect. Ample electrical power points.
Shower Room/WC A good sized room with white suite of shower with glazed enclosure, wash basin with cupboard beneath and WC. Illuminated wall mirror.
Electric towel radiator and wall mounted electric fan heater. Extractor. Window to rear aspect. Wood effect vinyl floor covering.
General Information Tenure - we are advised by the seller that a new 999 year lease will be granted with a peppercorn ground rent.
The external maintenance of the building's walls and roof to be split 70% for the flat and 30% for the shop.
Anti-Money Laundering (AML) Compliance To comply with UK Anti Money Laundering legislation, all estate agents are required to complete ID verification checks on all sellers and buyers, to apply ongoing monitoring until the transaction ends and to verify the legitimate source of funds of every buyer.
We conduct these checks through an independent specialist service provider, alongside our own internal due diligence, and there is a fee of £24 (£20 plus VAT) per person.
This is not a credit check so it will have no effect on your credit history.
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
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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 Fore Street, Buckfastleigh
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