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See how verdicts work2-bedroom flat · TQ14 8TL
For saleReduced £20k (−7.7%) on 20 JunListed 423 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious chain free ground-floor apartment on a private road, blending period charm with modern comfort.
2 beds, main ensuite, open-plan lounge/kitchen/dining, allocated parking, private courtyard & communal gardens. Share of freehold.
This spacious ground floor apartment, set on a private road, is offered chain free and blends period charm with modern comforts.
With a share of the freehold and a generous lease, it's ideal for anyone seeking a characterful yet practical coastal home.
Accessed via a private road with allocated parking and visitor spaces, the property features a communal entrance leading to a porch with mailboxes and meters.
Inside, a wide entrance hallway impresses with tall ceilings, decorative coving, cornices, and a ceiling rose. Laminate flooring runs throughout much of the home.
The principal bedroom features high ceilings, period detailing, a bay window, and direct access to a private courtyard garden, complemented by a modern en-suite shower room.
The second double bedroom is bright and airy with triple-aspect windows and stylish finishes.
The open-plan lounge, kitchen, and dining area is a striking focal point, with a marble fireplace, period detailing, and a wide bay window with timber shutters showcasing far-reaching views across the communal gardens, sea, and countryside.
The kitchen is fitted with matching wall and base units, integrated fridge-freezer and dishwasher, space for a cooker, and metro-tiled splashbacks.
A separate utility room provides additional storage, plumbing for appliances, and a guest WC.
Outside, the private courtyard garden is perfect for seating and entertaining, leading onto beautifully maintained communal lawns with panoramic sea and countryside views.
With allocated parking, visitor spaces, a private road setting, and no onward chain, this is a rare opportunity to own a stylish coastal apartment in a highly sought-after location.
Agents Notes Tenure: Share of Freehold Lease Length: 999 years from 1974 (approx. 948 years remaining) Service Charge: £2,000 per annum Ground Rent: Peppercorn Location: Situated on a Private Road
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 Flat 6 Llanstephan, Second Drive, Teignmouth
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