1-bedroom flat · TQ14 8EA
For saleListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This flat, in a quaint street in town, is one of two above a shop in a Listed building. As you enter through the communal entrance at the side of the shop, stairs rise to the top floor.
Upon entering the flat, there is an entrance hall with an entry phone receiver and a large storage cupboard housing the combination gas boiler and electric consumer box with coat hanging space and shelving.
Doors lead to the living room, kitchen and bedroom. The rooms have some sloping ceilings, adding character.
The living room has windows to the front and rear aspect, with radiator and chimney breast with shelving fitted on either side.
The bathroom is off the living room with a white suite comprising panelled bath with shower attachment and tiled surround, pedestal wash hand basin with tiled splash back, low level WC, extractor fan and radiator.
The bedroom has a window to the front and a radiator.
The kitchen comprises base units with work surface over, small breakfast bar area, recessed appliances space, stainless steel sink and drainer, tiled splash backs, cooker point, plumbing for washing machine and window to the rear with views across to Shaldon.
There is no onward chain. MEASUREMENTS - Lounge 14’4” x 7’8” (4.37m x 2.34m), Bedroom 10’3” x 5’10” (3.12m x 2.34m), Kitchen 10’1” x 5’10” (3.07m x 1.78m).
Tenure - Leasehold - 999 yr lease from Jan 2008 Service Charge - One third cost of communal work done & buildings insurance.
This was £721.36 in 2025 and £733.06 in 2024 which included one third of the buildings insurance. Ground Rent - £100 per year. Council Tax Band - A - £1,806.79 per year.
Mains Services - Gas, Water and Electric Broadband Speed- 1000Mbps (according to OFCOM) EPC Rating: E
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 Teign Street, Teignmouth, TQ14
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