2-bedroom flat · TQ6 9RT
Sold STCReduced £9.5k (−4.1%) on 11 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** WATCH THE FULLY NARRATED GUIDED VIDEO TOUR ** Discover this enchanting location featuring an exquisite duplex apartment with the added convenience and security of private reserved parking.
The apartment can be purchased fully furnished.
All holiday let marketing and future booking can be transferred to new owners with the option of the existing owner continuing to manage the properties on their behalf at an agreed management fees.
The owner has achieved a 40% profit margin over the last 4 years. Financial report available subject to a nondisclosure agreement. Currently rated for business rates.
The Accommodation Comprises: - (ALL MEASUREMENTS APPROX) Description for 45c Victoria Rd.
Entrance Hall - Staircase to first floor, doors to:- Sitting Room/ Dining Room - Stair case to first floor, recessed storage cupboard, doors to:- Kitchen - Double glazed sash window to rear, range of modern base and wall mounted units, sold wood worksurfaces, inset single drainer stainless steel sink, inset electric hob with built in double oven and grill under, space and plumbing for a washing machine, integrated fridge, solid wood breakfast bar, tiled splashback.
Shower Room - Modern suite comprising of walk in shower electric shower, vanity unit with inset sink and designer tap, low level WC, part tiled walls.
First Floor Landing - Interconnecting doors, doors to:- Bedroom One - Doubled glazed window to front. Bedroom Two - Double glazed velux window to rear.
Outside - Both properties benefit from a private parking space each to the back of the building. Please Note - Both apartments are available fully furnished.
All holiday let marketing and future booking can be transferred to new owners with the option of the existing owner continuing to manage the properties on their behalf at an agreed management fees.
In the last 4 financial years a turnover of £300,000 with the current owner achieving at least 40% profit margin. Financial report available subject to a nondisclosure agreement.
Service Charge + Ground Rent - Payable quarterly approx £1043 per annum, per apartment. Tenure - Each apartment has a separate leasehold. 990 years remaining on leach lease.
Business Rates - This property is currently rated for business rates with no council tax being payable due to the fact that it is run as a commercial holiday let.
Consumer Protection From Unfair Trading - These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate.
No guarantee can be given with regards to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested.
Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make an appointment to view before travelling to see a property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Dartmouth
Explore nearby