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See how verdicts work2-bedroom flat · TQ2 7HJ
Listing removedReduced £9.9k (−5.5%) on 18 JulListed 238 days
Opportunity summary
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About
Please Quote DB0925 - Stylishly Renovated Two-Bedroom Apartment in the Heart of Shiphay with Panoramic Views Perfectly positioned in the heart of the popular Shiphay residential area, this two-bedroom second-floor apartment has undergone a comprehensive program of renovation.
The result is a sleek, contemporary, and incredibly bright home that is ready for immediate occupation.
Located just a short stroll from local amenities including the Co-op, various independent shops, well regarded primary school and within walking distance Torbay Hospital, this property is ideal for first-time buyers, downsizers, or those looking for a high-quality investment.
The property is accessed via a well-maintained communal hallway and stairs. Upon entering the apartment, you are greeted by a welcoming hallway that immediately sets the tone for the rest of the home.
A notable feature is the large, walk-in store room, providing essential space for household items and keeping the living areas clutter-free.
The living and dining room is the social heart of the apartment. Recently re-carpeted and decorated in neutral tones, it feels both spacious and cosy, centered around a modern electric fireplace.
Large windows flood the room with natural light and frame far-reaching views across the Torquay skyline.
From here, a door leads out onto a private balcony—a wonderful spot to enjoy the elevated position and the panoramic scenery of the surrounding area.
Directly off the living area, the kitchen has been thoughtfully re-fitted to a high standard.
It boasts a range of contemporary high-gloss units paired with generous worktop space and a large rear-aspect window.
Practicality is key here, with an integrated electric hob, stainless steel sink and drainer, and plumbing for a washing machine, all finished with a modern aesthetic.
The accommodation continues through an inner hallway leading to two well-proportioned double bedrooms, there is also loft access here.
The principal bedroom is particularly spacious, enjoying a front-facing aspect with plenty of room for a king-sized bed and additional storage.
The second bedroom is equally versatile, currently offering ample space for a double bed and wardrobes. The renovation is perhaps most evident in the boutique-style shower room.
This stylish space features a large double shower with a glass screen and a luxurious rain-shower head.
It is further enhanced by an integrated vanity unit with a washbasin and WC, complemented by clever storage cabinets and a large mirror above.
With a ladder towel radiator, full tiling to the walls and floor, and recessed downlights, it offers a truly high-end feel.
Externally, the property benefits from a communal drying area to the rear and the significant added bonus of a private, lockable store shed—perfect for bikes or garden gear.
With double glazing, central heating, and street parking conveniently located nearby, this apartment offers the very best of modern Shiphay living. Further Information - Council tax band A.
Leasehold 87 years approx (125 year lease from 1988, Sanctuary Housing). Service charge approx £105 per month. According to BT OpenReach, Full Fibre Broadband is available.
Mobile coverage - 3g and 4g, EE, Vodafone, O2, Three. General construction - block / brick. Flood risk - low.
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.
Area
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FAQ
About Collaton Court,18, Collaton Road, Torquay
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