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See how verdicts work3-bedroom flat · TQ8 8JG
For saleListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Salcombe is one of the most sought after addresses on Devon’s south coast and for good reason; the town is situated on the Kingsbridge and Salcombe Estuary, flanked by the glorious rolling countryside of the South Hams and is renowned for its micro climate.
Salcombe offers two sandy beaches, North Sands and South Sands and a short boat trip across the water to East Portlemouth provides access to a long sandy beach with hidden coves backed by woodland and coastal paths.
The position of The Salcombe is simply perfect; right on the edge of the Salcombe estuary, with panoramic views that span south west towards the sea and northwards looking into the tidal estuary itself.
Number 18 is one of the largest apartments in The Salcombe, a former hotel occupying a prominent prime waterfront position in the town centre.
This fabulous ground floor apartment with level access from the car park has been stylishly renovated and is beautifully presented throughout.
The main bedroom has an open plan en-suite bathroom with a free-standing bath perfectly positioned to enjoy the views.
An enclosed sun room which is accessed from the second bedroom and the kitchen provides an all-weather sitting area.
The living room with two sets of bi-fold doors opens on to the balcony which leads down to a large roof terrace enjoying sensational views of the estuary, harbour and across the beaches on the East Portlemouth shoreline.
The Salcombe benefits from communal gardens with a heated swimming pool.
In front of the building there are lawned gardens leading to the sea wall where there is a landing stage and access to mooring pontoons with a berth available for the owner of Number 18.
The property has an established and successful holiday letting history and figures are available on request. SERVICES Mains drainage, water, gas and electricity.
DIRECTIONS From Whitestrand Car Park in the centre of Salcombe proceed about 100 yards along Fore Street and the entrance to The Salcombe will be found on the left hand side EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Fore Street, Salcombe
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