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See how verdicts work2-bedroom flat · TQ1 3QW
For saleReduced £5k (−4%) on 8 JulListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Benefiting from its own private entrance-shared only with the ground floor flat-the property offers a greater sense of privacy and independence than many apartments of its kind.
Ideally positioned directly opposite Plainmoor Green and park, the home enjoys a pleasant open outlook while being just a short walk from a wide range of local amenities.
Spires College is only minutes away, along with the shops, cafés and everyday conveniences found in Plainmoor.
The scenic Babbacombe Downs, renowned for its coastal views and leisure opportunities, is also within easy walking distance, making this a highly desirable and convenient location.
The accommodation itself is well-proportioned throughout, offering a comfortable and practical layout. Upon entering, stairs rise to the first-floor landing, leading into the main living spaces.
The living room is a bright and inviting area, providing ample space for both relaxation and dining.
The kitchen is fitted with a range of units and offers good workspace, making it both functional and well-suited to modern living.
There are two generously sized bedrooms, both capable of accommodating double beds and additional furniture, offering flexibility for a variety of uses such as guest accommodation or a home office.
The bathroom is well-appointed and serves the property with a clean and practical suite.
A significant advantage of this property is the exceptionally long 999-year lease, providing long-term security and peace of mind for prospective purchasers.
With its combination of generous living space, private access, excellent location and the added benefit of being offered chain free, this maisonette represents a fantastic opportunity to acquire a well-positioned home close to local amenities, schools and the stunning South Devon coastline.
Council Tax Band: A Tenure: Leasehold Agency Notes Pets allowed btl allowed Holiday let allowed Length of lease 999 years remain Living Room (14.07' x 11.15') Kitchen (9.74' x 5.58') Bedroom 1 (11.15' x 14.50') Bedroom 2 (11.42' x 10.93')
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
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FAQ
About 23a Marnham Road, Torquay
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