2-bedroom flat · TQ1 3AY
Likely let agreedListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A recently renovated and modernised two-bedroom first floor flat, conveniently located in close proximity of Torquay town centre and the harbour.
Residents' permit parking is available on Waterloo Road, providing practical parking options in this central location.
Accessed via a communal entrance at ground level, stairs rise to the first floor where the private entrance to the flat is found.
An internal hallway, with electric radiator, leads to all the principal rooms.
The kitchen is fitted with an electric oven and offers space and plumbing beneath the counter for a washing machine, together with a double-glazed window allowing for good natural light.
The lounge is laid with carpet and also benefits from a double-glazed window. There are two bedrooms, one a double and the other a small double, each with double-glazed windows and electric radiators.
Completing the accommodation is a three-piece bathroom comprising a bath with electric shower over, pedestal wash basin and low-level WC.
Council Tax Band: A (Torbay Council) Deposit: £865.38 Holding Deposit: £173.07 Broadband options available at the property include: * Standard broadband (16Mbps download, 1Mbps upload).
* Superfast broadband (77Mbps download, 20Mbps upload). * Ultrafast broadband (1800Mbps download, 220Mbps upload). - Networks in area - Virgin Media, Openreach
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 4, Wellington Court, Torquay
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