2-bedroom flat · TQ2 5ST
For saleListed 1267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Superbly presented, two bedroom first floor apartment situated in a well maintained block in a sought after location with fantastic sea views, small private balcony and within walking distance of the beach and town centre.
The apartment has a spacious, open plan lounge/kitchen with French patio doors to a small private balcony with sea views, two good sized double bedrooms and bathroom.
The property is currently tenanted to a long term tenant at a rental of £10,800 per annum and is available with the tenant in place, or, with vacant possession.
Council Tax Band: D (Torbay Council) Tenure: Leasehold (977 years) Ground Rent: £0 per year (reviewed every 0 years) Service Charge: £2,400 per year (reviewed every 1 years) Entrance Secure communal entrance door and hall with stairs leading to the first floor to: Entrance Hall Wooden flat door leading to hallway with doors off to all principle rooms, door intercom phone system and central heating radiator.
Living Room (4.39m x 4.50m) Spacious lounge with UPVC double glazed French Patio doors leading to small private balcony with sea views, central heating radiator and phone point, opening onto: Kitchen (2.46m x 2.62m) Fitted kitchen with a range of wall and base units with white gloss slab doors, inset stainless steel sink and drainer, integral single electric oven and hob, integral under counter fridge, combi boiler and space for freestanding appliances.
Bedroom 1 (2.95m x 3.35m) Double bedroom with UPVC double glazed window to front aspect and central heating radiator.
Bedroom 2 (2.45m x 2.69m) Double bedroom with UPVC double glazed window to front aspect and central heating radiator.
Bathroom Fitted bathroom suite comprising of panelled bath with thermostatic mixer shower over, low level WC, pedestal sink unit, central heating radiator, part tiled walls, shaver socket and extractor fan.
Parking On street parking available outside and in surrounding streets as well a council car park nearby with yearly permits available.
Material Information Tenure: Leasehold length of lease: 999 Years from 2002 annual ground rent: Tbc ground rent review period: Tbc annual service charge: £2400.00 service charge review period: Annual council tax band: D energy performance rating: C Aml Checks By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this Viewings Viewings by appointment only.
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Disclaimer: These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed.
They do not constitute part or all of an offer or contract.
The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy.
We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition.
Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents.
In order to make sure there is no delay in agreeing a sale, we would ask for co-operation.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 4 Seacliff, Torquay
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