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See how verdicts work3-bedroom flat · TQ2 6JE
For saleReduced £20k (−8%) on 27 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming, CHAIN FREE, three-bedroom, ground-floor maisonette gives the feeling of a cottage. Very well-presented and nestled in a secluded, converted villa in Chelston.
Boasting its own garden space and parking this is a property is not to be missed.
Chelston is a popular and vibrant part of Torquay with an active local community, and only a short walk from the sea front.
The medieval village of Cockington, is also close by, and surrounded by nearly 500 acres of parkland, lakes and woodland walks.
A full range of local shops and amenities can be found a short distance away on Walnut Road & Old Mill Road. The property is approached via a drive.
The allocated parking spot is to the left of the property. As you enter the front door you come into the hall, which has stairs leading up to upper level.
To the ground floor, the lounge is a nice size with bay window to the front and French doors to a rear conservatory that leads out to the garden.
The kitchen is well equipped with a window to the front, range of wall, base and drawer units, stainless steel sink drainer unit, integral electric hob and cooker, space for under counter fridge and freezer.
The family bathroom has low level w/c, panelled bath and wash hand basin. Bedroom 1 completes this level, and is a very good-sized double with window to the rear and fitted wardrobes.
On the 1st level you have two bedrooms, bedroom 3 is a good-sized single with Velux window and bedroom 2 is another good sized double with built in shelving and Velux window.
Lastly, bedroom 3 has a good-sized ensuite with low level w/, shower cubicle and wash hand basin.
To the rear you have a private garden patio with flower boarders, a good sized green house and a pathway through to a rear gate.
This is a great opportunity to purchase a chain free home or investment is a lovely quite area in Chelston.
ADDITIONAL INFORMATION Tenure – Leasehold (959 years remaining) - does not allow: sub-lets, holiday lets & pets Ground Rent - £25 pa Service Charge – 25% of cost Council Tax Band - B For prices & more information about Council Tax go to: Local Authority - Torbay Council EPC - D There is a water meter at the property.
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VIEWING ARRANGEMENTS For further information or to arrange a viewing please contact our Chelston Office on . DIRECTIONS What 3 Words: apparatus.revived.bulky Sat-Nav: TQ2 6JE
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.
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FAQ
About Greenway Road, Torquay
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