2-bedroom flat · TQ1 4FG
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern 2 bedroom 2nd floor flat briefly comprising lounge, fitted kitchen, balcony off bedroom one, and modern bathroom. Gas central heating, double glazing, security intercom and allocated parking.
About This Property A purpose bult second floor apartment located close to Torquay town centre. Security entry system with communal stairs leads to the second floor landing.
Reception hallway with storage cupboard off. Lounge/diner with double glazed window and door leading to the balcony. Modern kitchen with a range of wall and base units with space for appliances.
Bedroom one is located to the front with door giving access to the balcony, Further bedroom and bathroom with white suite. There is one allocated parking space and bin stores.
Material Information What3words: ///parade.puddles.oppose Tenure: Leasehold Council Tax: Band B with Torbay Borough Council Mains: Electricity, gas, water and drainage Heating: Gas central heating Parking: Allocated parking space Rights and Restrictions: Call office
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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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 10, Edmonds Walk, Devon
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