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See how verdicts work2-bedroom flat · TQ14 8PS
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom ground-floor apartment, offering spacious and characterful accommodation together with a private rear garden and allocated parking.
Conveniently located within easy reach of the Town Centre, train station and beaches and has been newly refurbished to include a new kitchen, bathroom and carpets and is offered for sale with no onward chain.
The accommodation briefly comprises COMMUNAL HALLWAY Stairs rising to… APARTMENT ONE Entrance door into… INNER HALL With cupboard housing electric meter and fuse box. Entry intercom.
BATHROOM A newly fitted suite comprising bath with mains powered shower over, vanity wash hand basin, low level WC with eco flush, radiator, extractor fan, vinyl flooring. Access to loft space.
BEDROOM ONE With uPVC double glazed window to front aspect. Radiator. Built in storage cupboard with hanging rail and shelving.
LIVING ROOM With large uPVC double glazed window overlooking the rear garden. Feature fireplace with ornamental surround. High ceilings with picture rail, decorative coving and ceiling rose.
TV point, telephone point, radiator, thermostatic controls for heating.
KITCHEN Newly fitted with a matching range of wall and base units with wood effect work top and tiled splash back, stainless steel one and a half bowl sink and drainer with mixer tap, space for fridge freezer, space for cooker, under cabinet lighting, extractor fan, vinyl flooring.
BEDROOM TWO Radiator. With uPVC double glazed door leading out onto the rear garden.
GARDEN There is a small garden to the front of the property and wrought iron railings and steps lead down onto the rear garden which is manly laid to paving with several planting areas.
Large shed (with power and light) and outside tap. Further steps lead down to the STORE ROOM/WORKSHOP which has a uPVC obscure double glazed door and houses the gas combination boiler.
The store room/workshop is fitted with power, lighting and a radiator along with plumbing for a washing machine, a work top and a stainless steel sink.
To the front of the property is one allocated parking space. EPC Rating: C Parking - Allocated 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
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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 Barnpark Terrace, Teignmouth, TQ14
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