4-bedroom flat · TQ2 5SU
Listing removedListed 193 days
Opportunity summary
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About
With No Onward Chain! A well-presented and impressively spacious maisonette ideally positioned just a short distance from the town centre and harbour.
With versatile accommodation offering up to 4 bedrooms, with a lounge, kitchen, dining room or bedroom, three further bedrooms and a bathroom to the first floor, and a loft room with an ensuite.
A well-presented and impressively spacious maisonette ideally positioned just a short distance from the town centre and harbour, offering an excellent selection of bars, restaurants and shops.
This superb home provides a versatile layout and, due to its generous proportions, has a real house-like feel, making it an ideal purchase for first-time buyers, families or investors alike.
Upon entering the property, you are welcomed by a good-sized hallway leading through to a stylish kitchen/breakfast room.
This space is fitted with a range of wall, base and drawer units complemented by roll-top work surfaces and a central island with breakfast bar, creating a sociable and practical environment.
There is plumbing for a washing machine, a five-ring hob, fitted oven and space for a fridge/freezer.
The lounge is bright and spacious, featuring large double-glazed windows and a Juliette balcony, allowing natural light to flood the room while offering pleasant side sea views.
A separate dining room provides further flexibility and could easily serve as an additional bedroom if required. This room also benefits from its own Juliette balcony with similar sea views.
Stairs rise to the first floor where there are three bedrooms, including two generous doubles and a single bedroom with built-in storage.
The family bathroom is fitted with a low-level WC, wash hand basin, panelled bath with shower over, and a heated towel rail.
A further staircase leads to the second floor, where you will find a large loft room.
This space is enhanced by rear-facing Velux windows and benefits from its own en-suite shower room, Complete with low-level WC, wash hand basin and shower cubicle.
Additional benefits include double glazing and gas central heating throughout.
Offered with no onward chain, this is a fantastic opportunity to acquire a substantial and versatile home in a highly convenient location.
Material Information - Subject to Legal Verification Tenure – Leasehold (Approx.
153 Years Remaining) Service Charge – Any Maintenance Costs Split 4 Ways Buildings Insurance - Split 4 Ways, Buy To Let Or Holiday Homeowners will need to confirm with insurance.
Council Tax Band – A Local Authority – Torbay Council EPC Rating – E
Value & comps
No previous sales on record.
Returns
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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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About 1a, Coburg Place, Torquay
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