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See how verdicts work2-bedroom flat · TQ9 5GZ
For saleListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever popular Throgmorton House development, occupying a fantastic position with level access to the town centre and amenities.
Number 8 is situated on the first floor with lift and stair access, further benefits include allocated parking and visitor parking. Offered to the market with no onward chain.
The accommodation comprises a large entrance hall gives access to the kitchen, sitting room, two bedrooms, en-suite shower room and bathroom. The new 999 year lease started 6th February 2026.
Service charge of £700.00 per quarter. Totnes town is the commercial centre for the South Hams.
This part of Devon is renowned for its outstanding natural beauty with Dartmoor National Park ten miles to the north and stunning beaches and coastline ten miles to the south.
The bustling medieval market town has a mainline railway station giving direct connections to London Paddington with easy connection to St Pancras for Eurostar.
There is also excellent access to the A38 Devon Expressway, linking Plymouth and Exeter where it joins the M5.
Schooling in the area is excellent with a number of well-regarded primary and secondary schools.
Totnes also boasts a thriving market as well as a good selection of shops, supermarkets, restaurants and inns.
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
Agent & docs
FAQ
About Throgmorton House, New Walk, Totnes
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