2-bedroom terraced house · PL19 0HL
Sold STCReduced £10k (−5.9%) on 29 MayListed 273 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought-after riverside development, this well-maintained two-bedroom apartment offers peaceful, low-maintenance living exclusively for the over 50s.
Set within attractive, landscaped communal gardens that are beautifully maintained and available for all residents to enjoy, the property benefits from a tranquil yet convenient location ideal for those seeking a relaxed lifestyle within easy reach of local amenities.
The apartment occupies a prime position within the development, with a designated parking bay located close by and additional visitors' parking available.
Internally, the accommodation is arranged over two floors.
The entrance hall includes two useful storage cupboards and leads into a bright and spacious L-shaped living and dining room—an inviting space perfect for relaxing or entertaining.
A separate, well-appointed kitchen is positioned off the main living area. Upstairs, there are two comfortable bedrooms and a bathroom, all well presented and filled with natural light.
This charming property offers an ideal opportunity to enjoy peaceful surroundings, a friendly community, and riverside living in one of the area’s most desirable developments.
Early viewing is recommended. Agents Note The current service management fees are £600 per annum, plus insurance. Lease Details The property has a 999 year lease which commenced in 1981.
Value & comps
No previous sales on record.
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 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
Agent & docs
FAQ
About River Court, Tavistock, Devon
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