2-bedroom flat · TQ1 3NW
For saleListed 24 days
Opportunity summary
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About
Description The chain free property has undergone an extensive programme of renovation and modernisation, providing a stylish and contemporary home that is essentially ready to move straight into.
The new Howdens kitchen was installed in 2025, while both bathrooms were newly fitted in 2026.
Further improvements include a new balcony door in 2023, two new bedroom windows in April 2025 and a new bathroom window in March 2025.
The apartment has also been refreshed throughout with modern finishes and new carpets, creating a fresh, contemporary feel throughout.
The spacious accommodation comprises a large and welcoming lounge with beautiful views over Cary Park, a modern and well-fitted kitchen, two generous double bedrooms, a separate shower room/WC and an en-suite bathroom/WC to the master bedroom.
The master bedroom also benefits from a large range of fitted wardrobes, providing excellent storage.
The apartment further benefits from an allocated parking space to the rear of the building, adding valuable convenience.
Within a short walking distance of Compton House, you will find both the popular St Marychurch shopping precinct and the spectacular Babbacombe Downs.
The surrounding area provides excellent access to a wide range of amenities including churches, shops, medical practices and banking facilities.
The area is also renowned for its beautiful coastal and countryside walks.
The picturesque Oddicombe Beach can be reached via the famous Babbacombe Cliff Railway, which operates during the summer months, or by taking a gentle stroll through the peaceful Babbacombe cliff woodlands.
In brief, this is a spacious and comprehensively renovated two-bedroom apartment in a highly desirable Babbacombe location, combining modern, ready-to-move-into accommodation with attractive views, allocated parking and easy access to local amenities and the stunning South Devon coastline.
Council Tax Band: C Tenure: Leasehold Agency Notes Management company: Carrick Johnson Lease remaining: 199 years from 1989 (162 years) Service charge to include ground rent: £200 Pets permitted btl permitted Holiday let is not permitted Living Room/Diner (16.47' x 15.39') Kitchen (9.91' x 8.37') Bedroom (9.97' x 11.88') Bedroom (9.97' x 11.88') Kitchen (9.91' x 8.37') Bathroom (7.78' x 5.25')
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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FAQ
About Flat 4, Compton House, Torquay
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