2-bedroom flat · TQ14 8XZ
For saleListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Opportunity to purchase a purpose built third floor apartment within the prestigious Morgans Quay development with lift access, secure underground parking and enjoying sea views extending from the Ness, along the Teign estuary, over the beaches at both Teignmouth and Shaldon, over Salty, and extending up the river Teign taking in Shaldon bridge with Dartmoor in the distance.
The internal accommodation briefly comprises; lounge, kitchen, two bedrooms and a bathroom. Offered for sale with no upper chain. Secure telephone entrance doors into the...
Communal entrance hallways With stairs or lift access to the third floor. Use of a communal store room. Door to...
Apartment 49 Generously sized entrance hallway Dimplex electric heater, access to loft space, door to useful storage cupboard, door to linen cupboard with lagged hot water cylinder. Doors to...
Lounge Wall hung telephone entry control panel, Dimplex electric heater, uPVC double glazed square bay window with superb views to the Teign estuary, with an outlook over the courtyard to the rear and with glimpses towards the Quay and extending to Haldon moor and enjoying an outlook across the river beach into the Teign estuary to Shaldon taking in the “Salty” and towards Ringmore.
Archway through to the...
Kitchen Cupboard and drawer base units under rolled edge work surfaces with tiled splash backs, integrated electric double oven, four ring hob with concealed extractor over, integrated dishwasher, space and plumbing for washing machine, integrated fridge freezer, one and a quarter bowl drainer sink unit with mixer tap over, corresponding eye level units, glazed fronted display cabinet, under counter lighting, recessed spotlights.
From the hallway, doors to...
Bedroom one Dual aspect with uPVC double glazed tilt and turn windows with superb views into the Teign estuary heading inland over Shaldon bridge towards Dartmoor, window with far reaching sea views taking in the Ness, Shaldon and Teignmouth’s Point.
Doors to built in wardrobes with hanging rail and fitted shelving. Bedroom two UPVC double glazed tilt and turn windows enjoying the aforementioned river and rural views.
Double doors to built in wardrobes with hanging rail and fitted shelving.
Bathroom Part tiled walls, panelled handled bath with fitted Mira shower over, pedestal wash hand basin, WC, fitted mirror, shaver light and socket, fitted extractor, wall hung Creda electric heater, heated towel rail.
Outside Secure underground allocated parking space. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 49, Morgans Quay Strand, Teignmouth
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