Studio flat · TQ2 5RR
Listing removedReduced £50 (−8.3%) on 20 JunListed 154 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description First floor studio apartment situated in a convenient location, close to the town centre, local amenities and bus routes.
The apartment comprises of a bright open plan living/bedroom, separate kitchen and separate shower room. There is on street, parking available in nearby roads.
Council Tax Band: A (Torbay Council) Deposit: £692.3 Holding Deposit: £138.46 Information For Tenants All tenants/guarantors will have to be satisfactory referenced and credit checked before a tenancy begins.
As well as paying the rent, you may also be required to make the following permitted payments.
Permitted Payments: Before the tenancy starts (payable to Agent) - Holding Deposit: 1 weeks rent - Deposit: 5 weeks rent During the tenancy (payable to the Agent) - Payment of £60 if you want to change the tenancy agreement.
- Payment of interest for the late payment of rent at a rate of 3%. - Payment of incurred costs of replacement for the reasonably incurred costs for the loss of keys/security devices.
- Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.
During the tenancy (payable to the provider) if permitted and applicable - Utilities gas, electricity, water - Communications telephone and broadband - Installation/subscription of cable/satellite - Television licence - Council Tax.
Please Note All images and floorplans are for illustrative purposes. We use digital editing and ai tools to prepare photos (including item removal and virtual staging).
Measurements are provided as a general guide only. Prospective tenants should verify all details in person before proceeding.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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.
Area
Agent & docs
FAQ
About Flat 4, 41 Morgan Avenue, Torquay
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