1-bedroom flat · TQ9 5XX
Sold STCListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a well-presented one-bedroom ground-floor flat, ideally situated within the popular residential area of The Carrions in the highly sought-after market town of Totnes.
The property benefits from the rare parking space in the town centre, making it an appealing proposition for both owner-occupiers and investors.
The accommodation is well proportioned and comprises an entrance hall, sitting room, newly fitted kitchen, double bedroom and bathroom.
The practical layout offers comfortable, low-maintenance living and would suit a range of purchasers.
The property has also enjoyed considerable success as a rental over many years , demonstrating its appeal as a desirable short-term rental in this sought-after South Devon location.
This history, together with the property's central position, communal garden and rare parking provision, makes it an attractive investment opportunity with potential for , longer-term rental or personal use, subject to any necessary consents.
A particular highlight is the condition and rental potential.
The addition of a town-centre parking space is a particularly rare and desirable feature, adding further to the property's appeal and practicality.
The Carrions is a well-established residential development conveniently positioned for access to the many amenities Totnes has to offer.
The town is renowned for its vibrant community, independent shops, cafés, restaurants and markets, while the mainline railway station provides excellent connections to Exeter, Plymouth and London.
The beautiful South Devon countryside and coastline are also within easy reach.
Combining a new kitchen, communal garden and rare town-centre parking , this is an exciting opportunity to acquire a versatile property in one of South Devon's most desirable market towns.
Whether purchased as an investment, holiday home or permanent residence, early viewing is highly recommended. Agent's Note: Please note that we have been advised that there is an absent freeholder.
General Information Tenure: Leasehold Lease: 999 years from 17th January 1983 Ground Rent: Peppercorn (£1.00) Service Charge: TBC EPC Rating: C Parking - Allocated parking
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 The Carrions, Totnes, TQ9
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