2-bedroom flat · TQ14 8RU
Listing removedListed 71 days · slow let
Opportunity summary
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About
Two-bedroom apartment in popular residential area of teignmouth with parking Two-bedroom second floor apartment with views over Teignmouth, communal lawned gardens and designated parking.
The property is arranged as follows: The accommodation is arranged as follows - Entrance hall Storage cupboard Bathroom with bath Master bedroom with en-suite shower room Double bedroom Dining room/Office/Third bedroom Fitted kitchen with built in cooker, hob and plumbing for washer/dryer Lounge with views over Teignmouth, the Ness and out to sea Gas central heating Double glazing throughout Lift Allocated parking Secure entry phone system French doors from lounge leading to private balcony no smokers / pets considered / council tax band = D / EPC = C Prospective tenants applying for a rental property will be required pay a one-off holding deposit equivalent to one week`s renwhich will be credited to the first month`s rent A holding deposit is non-refundable if an applicant (or applicants) fails a right to rent check, provides false or misleading information, withdraws from a property or fails to take all reasonable steps to enter into a tenancy agreement.
Tenant default fees/charges include replacement key or security device to be charged at cost, late or non-payment of rent of no more than 3% above the Bank of England base rate for each day the payment has been outstanding for 14 days or more, any other permitted default fee.
Our redress scheme is The Property Ombudsman (TPO) membership no. N00274. Our Client Money Protection is provided by ARLA Propertymark and our scheme reference is C0005473.
EPC Rating: C Parking - Off Street
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Flat 5, Firlands, Teignmouth
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