2-bedroom flat · TQ12 2DG
For saleReduced £15k (−12%) on 31 JulListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bedroom Warden assisted Ground Floor Flat situated just off the town centre, close to Courtenay and Osborne Park, shopping facilities, library, cinema, doctors, dentists, leisure centre, pubs and restaurants, together with gaining easy bus routes to local nearby towns plus the main railway line to London Paddington.
The accommodation internally comprises entrance hallway, lounge, kitchen with built-in oven and hob, 2 bedrooms and a bathroom.
Further benefits include intercom system, well-maintained communal gardens with seating area, communal parking, residents’ lounge and communal laundry room, plus stairs and lift leading up to the first floor.
The property is being sold with no chain and is ideal for those looking for a warden assisted flat close to town on a level location. Viewing is highly recommended.
Agent’s Note Council Tax Band: ‘B’ £2012.19 for 2025/26 EPC Rating: ‘D’ Long Term Flood Risk: Low/Very Low Tenure: Leasehold Length of Lease: 125 years from 1988 Service Charge: £246.30 per month (inc Building Insurance) Age Restriction: Over 60 Pets: Both cats and dogs are generally accepted, but when it dies you cannot replace it.
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.
Area
Agent & docs
FAQ
About Flat 10 Lydford House, Hameldown Way, Newton Abbot
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