1-bedroom flat · TQ1 3ND
For saleListed 431 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Babbacombe, within walking distance of Babbacombe Downs with its restaurants, cafes and Theatre, with other amenities also within walking distance.
The property is being offered to the market with no onward chain. The apartment is for retirement and you will need to be over 60, offering communal lounge, launderette and guest suite. .
Homecombe House is located just approximately a couple of hundred yards from Babbacombe Downs, and within approximately half a mile of ever popular St Marychurch with its comprehensive range of amenities including supermarket, doctors, post office, banks and bustling precinct.
Nearby bus stops also connect Torquay town centre, harbour and marina, which are approximately two miles distant.
Security entry system leading into the communal area with stairs and lift leading to the first floor.
Reception hallway with deep storage cupboard, lounge with double glazed windows overlooking the gardens, coving to ceiling, electric heating and archway through to the kitchen with a range of wall and base units and space for appliances.
Bedroom with double glazed windows, electric heating and built in wardrobe, bathroom with coloured suite. There are well maintained communal gardens.
Material Information What3words: ///exchanges.deep.rescue Tenure: Leasehold, 99 Years from 01.09.1983 Council Tax: Band B with Torbay Borough Council Maintenance: £1273.62 per half year Ground Rent: £220,81 per half year Rights and Restrictions: Call Office Mains: Electric, water and drainage Heating: Electric Mining: Metalliferous Mine Search Required Parking: Communal 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
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 St Albans Road, Babbacombe, Torquay, Devon
Explore nearby
