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See how verdicts work1-bedroom flat · PL19 0AP
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently situated in the centre of the popular market town of Tavistock is this spacious first floor apartment with private balcony.
The light and airy accommodation has undergone many changes in its current ownership to allow for flexible use including the creation of a separate living room.
This room was originally an en suite bedroom and the plumbing for the former shower room remains, so it could easily be converted back to give a second en suite bedroom if desired.
The kitchen has been re-modelled to provide more work surfaces and storage. Along with the boiler, the flooring throughout the apartment has been upgraded.
The development has lift access and two communal rooftop terraces and is a stone’s throw from a number of bars and restaurants, as well as local shops, the bus station, doctors’ surgery, and the Pannier Market.
The market town of Tavistock provides good shopping amenities and schools along with riverside park, leisure centre and theatre all based around the beautiful countryside of Dartmoor National Park.
Ideally located with easy access to the maritime city of Plymouth which offers an excellent retail and commerce centre as well as road, rail and ferry links.
Services: Mains electricity, water and drainage. Tenure: Leasehold with share of the freehold. Agents Note Annual Service Charge: 01 Jan 2024 - 31 Dec 2024 is £2830.
Annual Buildings Insurance Premium: 22 Jun 2023 - 21 Jun 2024 is £451.05. 999 year lease starting from 01 Jan 2008. All residents hold an equal share of the freehold.
Value & comps
No previous sales on record.
Returns
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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 Abbey Court, Tavistock, Devon
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