3-bedroom flat · TQ7 1LQ
Let agreedListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ENTRANCE Access is via the lift and there is also stairs. Opening into entrance hall way.
OPEN PLAN LIVING AREA Open plan well presented kitchen with integrated appliances fridge/freezer, dishwasher, washing machine. Electric Oven with gas hob, plenty of storage cupboards.
Currently furnished but can be flexible. Dining table and chairs and seating area with comfy sofas, doors open to views on the estuary and fields beyond.
SITTING ROOM Open plan living area - with space for dining table and chairs. There is a juliet balcony with views over Kingsbridge and the estuary.
BEDROOM 1 Good Size double bedroom with built in storage, doors opening onto balcony where you can enjoy your morning coffee.
Door leading to ENSUITE SHOWER ROOM A well presented shower room with walk in shower,, WC, wash hand basin and heated towel rail.
FAMILY BATHROOM Well appointed family bathroom with shower over the bath, heated towel rail. Window to side BEDROOM 2 Currently laid up as a twin room. Window to back of the apartment.
BEDROOM 3 Single Bedroom with plenty of storage BALCONY Balcony from the Main Bedroom to enjoy the views across Kingsbridge and beyond. PARKING Allocated parking space located underground.
There is a lift access as well to the flat.
Mains Water , Electric and Gas Totnes 12 miles & A38 Devon Expressway 10 miles & Salcombe 6 miles South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ95NE Tel: Band E - £3,060.94 Rating C A Holding Deposit of one week's rent, subject to contract and satisfactory references.
This is to reserve the property.
The Holding Deposit will be withheld if any relevant person including any guarantor(s) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Tenant Deposit: Five weeks rent. Rent: The first month's rent minus the Holding Deposit paid.
Should you wish to make any alterations to the terms and conditions already agreed, including changing the tenancy commencement date, which will necessitate amended documentation, to be provided, an administration charge of £50+VAT will apply.
Marchand Petit is a member of RICS Client Money Protection Scheme Marchand Petit is a member of The Property Ombudsman 1. These particulars are for guidance only.
They are prepared and issued in good faith and are intended to give a fair description of the property, but do not constitute part of an offer or contract. 2.
Any description or information given should not be relied on as a statement or representation of fact that the property or its services are in good condition.
Neither Marchand Petit, nor any of its employees, has any authority to make or give any representation or warranty whatsoever in relation to the property. 3.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 4.
Any reference to alterations to, or use of, any part of the property is not a statement that any regulations or other consent has been obtained.
These matters must be verified by any intending purchaser. 5.
Descriptions of a property are inevitably subjective, and the descriptions contained herein are used in good faith as an opinion and not by way of statement of fact.
If any points of particular importance need clarifying before viewing, please do not hesitate to contact our 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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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.
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