2-bedroom flat · TQ14 8AY
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom third floor flat in the town centre Freshly renovated two bedroom flat located in the centre of the town, close to shops, railway station and beaches.
Communal stairwell and lift access and one parking space.
The accommodation is arranged as follows: Hall with large shelving area Bathroom with shower over the bath Kitchen (3.1m × 1.9m) with integrated oven hob, extractor and undercounter fridge, free standing Bosch washing machine and a large larder storage cupboard Lounge (4.9m x 3.m) with bay window and sea view Double Bedroom (3.3m x 2.9m) with a walk in dressing room Dressing Area (2m x 1.5m) Quantum Night Storage Heating Double Glazing One allocated parking space no smokers / / council tax band = B / EPC = D Prospective tenants applying for a rental property will be required pay a one-off holding deposit equivalent to one week`s rent which will be credited to the first month`s rent.
A holding deposit is non-refundable if an applicant (or applicants) fails a right to rent check, provides false or misleading information, withdraws from a property or fails to take all reasonable steps to enter into a tenancy agreement.
Tenant default fees/charges include replacement key or security device to be charged at cost, late or non-payment of rent of no more than 3% above the Bank of England base rate for each day the payment has been outstanding for 14 days or more, any other permitted default fee.
Our redress scheme is The Property Ombudsman (TPO) membership no. N00274. Our Client Money Protection is provided by ARLA Propertymark and our scheme reference is C0005473. Parking - Allocated Parking
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
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FAQ
About Flat C, Devon House, Teignmouth
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