2-bedroom flat · TQ1 1RA
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Warberries area, this chain free two bedroom apartment presents an excellent opportunity for first-time buyers or those looking to downsize.
The property is accessed from road level, with both step and ramp access leading to a private front door.
About This Property The property is approached via a charming, gravelled communal garden that enjoys pleasant views across Torbay.
Internally, the front door opens into a bright and welcoming living room, enhanced by two windows that allow for plenty of natural light.
A central hallway provides access to all rooms, including a spacious kitchen/dining room fitted with a range of wall and base units, integrated electric oven and microwave, electric hob, washing machine and fridge freezer.
The modern bathroom features a white suite with a shower over the bath, complemented by useful built-in storage.
There are two well proportioned double bedrooms, with the second bedroom benefiting from fitted wardrobes. Externally, the property further benefits from an allocated parking space.
Material Information What3words: ///shout.page.adding Tenure: Leasehold 199 years (less 3 days) from 22 June 1987 Maintenance etc: Service charge £2,761.30 pa Ground rent £18 pa Council Tax: Band B with Torbay Borough Council Mains: Electric, water and drainage Heating: Electric & Night Storage Heater Parking: Allocated parking space Rights and Restrictions: Call office
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 Flat 11, Pine Court,, Middle Warberry Road, Devon
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