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See how verdicts work1-bedroom house · PL19 0RH
Sold STCListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on a level walk to the town centre, is this delightfully presented one double bedroom ground floor flat for the over 55s, offering spacious, light accommodation and NO ONWARD CHAIN.
The community at Parkwood Court have many activities including Knit and Natter and group lunches, held in the communal lounge.
The flat is only a short level walk from the bustling town centre and set within delightful communal well tended gardens.
The property boasts a generous living room with electric fire, and there are two large built-in cupboards, one housing the hot water cylinder, but these two cupboards offer scope to create a desk area if required.
The living room opens into a well fitted kitchen area with integrated fridge/freezer and dishwasher. Built-in electric double oven with inset microwave above. Electric hob with extractor over.
From the living room a door leads to the hallway with door into a double bedroom with built-in bedroom furniture and a well equipped bathroom with bath and newly installed shower over.
The property benefits a recently carried out electrical test report and is economical to heat with night storage and panel heaters.
The gardens are well tended with various seating areas to enjoy the sunshine. Offered for sale with no onward chain.
Hallway - Living Area - 5.05 x 3.1 (widening to 3.9) (16'6" x 10'2" (widen - Kitchen - 3.10 x 1.70 (10'2" x 5'6") - Bedroom - 4.10 x 2.76 (13'5" x 9'0") - Bathroom - Tenure - Leasehold.
Lease expires August 2088. Ground rent £337.92 payable March and September. Maintenance charge £2,849.80 annually. Water bill is included in the maintenance charge.
Services - Mains electricity, water and drainage. Council Tax Band - B Epc - C70 Situation - Tavistock is an ancient stannary and market town located on the edge of the Dartmoor National Park.
The town offers a wide range of local and national shops whilst also boasting the renowned pannier market, riverside park, leisure centre and theatre.
The area is excellent for visitors both to see the town itself and for exploring the surrounding countryside, the wild Dartmoor scenery and the many neighbouring pretty villages and a variety of National Trust properties.
There are exceptional educational facilities in both the state and private sector.
The town itself has fantastic sporting facilities including, tennis courts, a bowls club, athletics track and various football pitches.
For golf enthusiasts, there are excellent golf courses nearby, at Yelverton and Tavistock and St. Mellion.
There are also opportunities to fish by arrangement on a number of local rivers, including the Walkham, Tavy and Tamar.
Directions - From Tavistock Town Centre proceed down the main road towards Co-op, continuing down to the end of Parkwood Road where you will find Yelverton Terrace on your left.
Follow Yelverton Terrace down, where Parkwood Court will be found in front of you.
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.
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FAQ
About Parkwood Road, Tavistock
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