2-bedroom flat · TQ9 5DW
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this beautifully presented first-floor apartment, ideally situated in the charming town of Totnes, nestled within a Grade II listed former Methodist chapel.
This delightful home boasts a blend of historic charm and modern convenience, making it a truly unique find in the Devon property market.
Upon entering the property, doors from the entrance hall open to the lounge, kitchen, two bedrooms and bathroom.
The dual aspect living room, with views over the River and Vire Island, creates a bright and airy atmosphere perfect for both relaxing and entertaining.
The well-appointed fitted kitchen offers ample space and modern amenities for passionate cooks and casual chefs alike. The apartment features two well-proportioned double bedrooms.
The master bedroom is a serene retreat which enjoys views over the River and Vire Island and has its own en-suite shower room, providing a touch of luxury and privacy.
The second double bedroom is versatile, offering plenty of space for family, guests, or a home office.
Additionally, a stylish family bathroom serves the household, complete with contemporary fittings.
Positioned within a level walk of Totnes town centre, this property benefits from easy access to an array of shops, cafes, and essential amenities.
The vibrant local community, coupled with Totnes's renowned character and heritage, enhances the appeal of its location.
Practicality meets charm with the inclusion of an allocated off-road parking space, a valuable feature within this popular area.
This apartment not only offers a convenient lifestyle but also serves as a fantastic investment due to its prime location and charming features. 4 The Chapel is leasehold with share of freehold.
999 years from 04.04.2022. Service charge: £1567.07 including building insurance.
Agents Note: There is currently a reserve fund payment in place for £500.00 (paid annually) to cover unexpected expenses.
Whether you are embracing town life or seeking a second home close to Devon's picturesque countryside and coastlines, this well-presented apartment is a perfect choice.
Experience the best of both worlds with this characterful property located within a beautifully restored chapel.
Make this exceptional apartment your new home and enjoy the unique setting and vibrant community Totnes has to offer. Ready to view?
Contact us today to arrange a visit and witness the charm of this remarkable property first hand. EPC Rating: B Parking - Allocated parking Allocated off road parking space
Value & comps
No previous sales on record.
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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 starting price
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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 The Plains, The Chapel The Plains, TQ9
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