1-bedroom flat · TQ2 6NY
To rentListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom ground floor flat located in the popular Chelston area of Torquay, close to local shops and amenities, and Torquay sea front. RENT INCLUDES WATER.
This flat is one of four in a large property conversion, with a shared driveway (allocated space for one car) and garden at the front, a communal main entrance (intercom entry system), and communal hallway with individual lockable postboxes.
The self contained accommodation comprises:- Small hallway with fitted carpet, intercom entry phone, smoke alarm, and doors to the double bedroom and living room.
Double Bedroom with fitted carpet, and double glazed sash window. Living Room with fitted carpet, built-in storage space, and doors to the bathroom and kitchen.
Bathroom with vinyl floor, shower cubicle with electric shower, wash basin, and toilet.
Kitchen with vinyl floor, free standing electric oven and hob, fridge with freezer compartment, space and plumbing for washing machine, skylight, and door to the back of the property.
Outside at the rear of the property is a small courtyard area (not enclosed) with a rotary line, and steps up and access to the local shops at Walnut Road a short walk away.
REGRET NO SMOKERS PLEASE NOTE THAT REFERENCES ARE CARRIED OUT BY AN INDEPENDENT REFERENCING COMPANY, LETSSAFE AND IN ORDER TO REFERENCE FOR A PROPERTY THE APPLICANT REQUIRES AN ANNUAL NET INCOME EQUIVALENT TO 36 MONTHS RENTAL, GOOD CREDIT HISTORY, CONFIRMED AFFORDABILITY FROM THEIR BANK.
FOR SELF EMPLOYED INDIVIDUALS 3 YEARS CERTIFIED ACCOUNTS ARE REQUIRED IN ADDITION.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs

FAQ
About Rathmore Road, Torquay, Devon, TQ2
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