We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · TQ1 4AJ
Sold STCReduced £10k (−9.1%) on 10 JulListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description As you arrive at the property there is a communal entrance leading to the apartment.
Stepping inside, there is a spacious lounge filled with natural light, creating a bright and comfortable living space ready for you to add your own personal touch.
The kitchen is fitted with a range of wall and base units complemented by work surfaces and offers space for freestanding appliances.
A door from the kitchen opens out onto a private courtyard area, which also benefits from a rear side access gate.
Just off the kitchen is the bathroom, comprising a bath, low-level WC, and wash hand basin.
Completing the accommodation is a well-proportioned double bedroom, enjoying plenty of natural light and offering a peaceful retreat.
The property further benefits from double glazing throughout and gas central heating.
Upton Road is centrally located within Torquay, offering a highly convenient setting close to a wide range of amenities.
The area is within easy walking distance of the town centre, providing access to shops, supermarkets, cafés, and leisure facilities, as well as Torquay's picturesque seafront and harbour.
Well-served by public transport links, including nearby bus routes and Torquay train station, the location is ideal for commuters and those seeking accessibility.
Council Tax Band: A (Torbay Council) Tenure: Share of Freehold (981 years) Please note we have been instructed on behalf of a company and have limited information, they have said there is no maintenance or ground rent payable.
We have not been able to confrim this ourselves. Please note we are selling on behalf of a company and do not hold a copy of the Lease.
Please Note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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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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
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FAQ
About Ground Floor Flat, 40 Upton Road, Torquay
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