1-bedroom flat · TQ1 3BY
For saleReduced £7.5k (−14.9%) on 23 SepListed 101 days
Opportunity summary
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About
A comfortable retirement apartment in a highly convenient location, offering independent living with valuable communal facilities.
This inviting one-bedroom apartment is set within a popular development, benefiting from a resident manager and communal areas that offer friendly retirement living with the amenities of the town nearby.
Accessible via a communal entrance with both stairs and a lift, this property ensures ease of access and an internal inspection is highly recommended.
The accommodation comprises, Communal entrance with stairs and lift, door to: Entrance hall 4.32m x 0.89m (14'2" x 2'11") Coved and textured ceiling with wall light point, secure door entry intercom system, emergency pull cord, airing cupboard housing the hot water cylinder with slated shelving, doors to: Sitting room 5.08m x 3.05m (16'8" x 10'0") Maximum Measurements.
Coved and textured ceiling with wall light points, UPVC double glazed window to front aspect, electric heater, TV connection point, telephone point, emergency pull cord, sliding door to: Kitchen 3.12m x 1.93m (10'3" x 6'4") Maximum Measurements.
Coved and textured ceiling with strip light, extractor fan.
Fitted kitchen comprising a range of base and drawer units with work surfaces over, inset sink and drainer, space for electric cooker with extractor over, tiled surrounds, wall cabinets, space for under worktop appliance, space for fridge freezer.
Bedroom 3.89m x 2.59m (12'9" x 8'6") Maximum Measurements.
Coved and textured ceiling with wall light points, UPVC double glazed window to front aspect, TV connection point, emergency pull cord, fitted double wardrobe.
Shower room/WC 2.51m x 1.63m (8'3" x 5'4") Maximum Measurements. Coved and textured ceiling with light point, extractor fan, wall mounted electric fan heater.
Comprising shower cubicle with pivoting door and electric shower, pedestal wash hand basin, WC, tiled walls, emergency pull cord, shaver socket.
Useful information Tenure - Leasehold 99 years Age - 27/09/1985 Heating – Electric heating Drainage - Mains Windows - Double glazed Council Tax - A EPC Rating - tbc Broadband - To be confirmed Mobile - To be confirmed Minimum Age Requirement 60 yrs Plus Service Charge - £3,600.38 approx (2025/2026) Ground Rent - £200 per annum
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.
Area
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FAQ
About Stratheden Court,17, Market Street, Torquay
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