2-bedroom flat · TQ14 8FT
For saleReduced £20k (−7.4%) on 7 AugListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautiful period property is an excellent main residence or holiday home. It was modernised in 2016 to create individual apartments of exceptionally high standard.
No home in this development can be used as a holiday let, which therefore preserves it’s relaxed, peaceful atmosphere Outside the property is a large driveway with 1 allocated space and guest parking and a large south-facing garden with spectacular ocean views The front doors open into a lobby used for post, deliveries and a video intercom system which connects to each apartment.
The lobby opens up to a communal hallway with the original staircase Off the main hallway is the front door to the apartment which leads into the bright, warm and spacious open plan lounge, kitchen, dining room with large sash windows.
The luxury kitchen has plenty of worktop space, built-in oven, induction hob, fridge freezer, with space for a dishwasher and washing machine The large light, warm, master bedroom has a beautiful period style ceiling pendant light and bedside wall lights, high level ceiling and large bay sash window; with built-in wardrobes and storage.
The en-suite shower has a rainfall shower and handset and marble-effect panelling, a vanity unit, WC and a chrome heated towel rail The hallway leads to the main bathroom, backdoor (for alternative access) combi-boiler (installed 2025) and loft hatch plus plenty of room for coats and shoes The second double bedroom has bedside wall lights, but can be used for any purpose.
The room has plenty of light from the large sash window to the front The properties main bathroom has shower over bath, rainfall shower and handset, marble effect panelling, glass screen, vanity unit, a WC and a chrome heated towel rail The cellar room provides sizeable, private storage for the apartment and has light and power; it's perfect for bikes, paddle boards or seasonal items 2 min walk to Eastcliff Park Teignmouth has all basic amenities and is well served by bus and train Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £2,000.00 Service Charge Review Period No review period Lease End Date 31/12/3013 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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 Apartment 5/Marsland Court, Dawlish Road, Teignmouth
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