3-bedroom flat · TQ7 3HQ
Sold STCListed 204 days
Opportunity summary
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About
4 Armada House is in a fabulous location in the centre of the picturesque fishing village of Hope Cove, within a stone’s throw from the golden sandy beaches of Outer and Inner Hope.
There are beautiful sea views from all the rooms towards Bolt Tail, Burgh Island and beyond. The apartment is arranged over two floors, with a large entrance hallway and understairs storage.
There are three good sized bedrooms on the ground floor, all of which enjoy sea views, and a spacious family bathroom.
Upstairs, the accommodation features an open-plan living and dining area with two dormer windows that provide far-reaching views, along with a well-equipped kitchen.
Planning Permission has also been granted for the insertion of full height windows within the existing dormers under reference 1574/23/ful.
The property has been a much loved holiday home and has a strong letting history.
Hope Cove lies within the South Devon Area of Outstanding Natural Beauty (aonb) between the market town of Kingsbridge and the sailing town of Salcombe.
The village enjoys two pubs, golden sandy beaches, picturesque thatched cottages and direct access onto the South West Coast path, making it the perfect place for a coastal home.
Viewing arrangements Strictly by appointment with Luscombe Maye, Salcombe directions what3words - ///butterfly.shrub.seaweed material information To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.
If available, please scan the qr code or access the additional online material information. Alternatively, you can contact our team for this information.
Council Tax band: Not banded Tenure: Share of Freehold Lease length: 976 years remaining (999 years from 2003) Property type: Maisonette Property construction: Standard brick and block construction Energy Performance rating: C Number and types of room: 3 bedrooms, 1 bathroom, 1 reception Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Lpg central heating is installed.
The boiler was renewed in March 2023.
Heating features: Double glazing Broadband: Adsl copper wire Parking: None Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Loft access: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 4, Armada House,Flat 4, Kingsbridge
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