3-bedroom flat · TQ7 1PY
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and spacious, third floor apartment in the centre of town, with three bedrooms, generous living space and parking. EPC E.
Situation The market town of Kingsbridge lies at the head of the Salcombe estuary and is surrounded by beautiful rolling countryside.
It offers an excellent range of shops, local services and facilities which include a Sports Centre (with a competition-size indoor swimming pool), primary and secondary schools, health centre and cottage hospital.
The sailing town of Salcombe is only 6 miles away whilst Totnes and Dartmouth are both within easy reach.
Description Located off Fore Street this conveniently positioned apartment is within an imposing Victorian building, formerly the Albion Hotel.
The apartment is located on the third floor with accommodation of generous proportions. The apartment comprises, entrance hall giving access to a shower room, three bedrooms, lounge/diner and kitchen.
Outside There is one allocated parking space associated with this apartment. Services Mains drainage, electricity & water. Electric heating.
Based on the latest data at Ofcom Superfast broadband and mobile coverage from EE, O2, Vodafone & Three are available at the property. Lease information - Service charge - £2,126.70.
Ground rent - £100.00. 64 years remaining on the lease. *Please note there is no lift in this building*
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 11 Albion Court, Fore Street, Kingsbridge
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