2-bedroom flat · TQ14 8XP
For saleListed 161 days
Opportunity summary
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About
Offered for sale for the first time in over 35 years is this superb waterside purpose built apartment in the prestigious Morgans Quay development.
The second floor apartment offers one of the most desirable and sought after locations within this exclusive development with a private waterside balcony enjoying views directly into the Teign estuary following the river towards Shaldon Bridge, Newton Abbot and the moors beyond, with the considerable benefit of a double (tandem) lock up garage.
The accommodation comprises; Main reception (lounge dining room), balcony, comprehensively fitted kitchen, two bedrooms, bathroom, double length garage, communal courtyard.
Conveniently situated and within level walking distance of all amenities and close not only to the river beach, but just a short walk from Teignmouth’s seafront and promenade.
Communal entrance with secure telephone entry control system into a well kept and tastefully decorated communal hallways with stairs to the second floor and door to... Apartment 19 Door into...
Entrance hallway Door to linen/storage cupboard with automatic lighting, slatted shelving and housing the Fischer Aquafficient water heater. Hatch and access to loft space.
Dimplex night storage heater. Bespoke fitted dresser unit with display shelving. Wall mounted telephone entry control system. Doors to...
Main reception room (lounge dining room) uPVC double glazed sliding patio doors (tilt and turn) enjoying superb uninterrupted views of the river Teign estuary, taking in the river and inland towards Dartmoor.
From the patio doors there is access to a private balcony. Dimplex night storage heater. Private river facing balcony With stainless steel and glazed balustrading.
Enjoying the superb uninterrupted views of the river Teign estuary, Shaldon, and beyond Shaldon bridge towards Dartmoor.
Kitchen Fitted in 2018 with an extensive range of cupboard and drawer base units under rolled edge counter tops.
Space and plumbing for dishwasher, space and plumbing for washing machine, space for upright fridge freezer, space for microwave, fitted electric oven, fitted ceramic hob with extractor hood over, glazed splash back, one and a quarter bowl stainless steel drainer sink unit with mixer tap over and waste disposal, corresponding eye level units.
UPVC double glazed window overlooking the communal courtyard. Recessed display shelving. Door to larder with automatic lighting and fitted shelving.
Bedroom one UPVC double glazed window, river facing and enjoying superb uninterrupted views of the river Teign estuary, taking in the river and inland towards Dartmoor.
Range of fitted wardrobes with dressing table and overhead storage. Doors to built-in wardrobes with hanging rails and fitted shelving plus a mirror fronted door to a single store cupboard.
Bedroom two UPVC double glazed window overlooking the communal courtyard. Wall hung Dimplex electric heater. Sliding doors to fitted wardrobes with hanging rails and fitted shelving.
Bathroom Suite comprising panelled handled bath with fitted Mira shower, WC with concealed plumbing, Ambiance Bain moulded wash hand basin set onto high gloss vanity unit, fitted mirror, pelmet with inset spotlighting, corresponding wall hung cabinet, fitted extractor, wall hung electric heater.
Tandem garage Situated in the covered entrance to Morgans Quay accessed from Strand. With electrically operated up and over door. Power and lighting.
Sliding doors to a storage facility with additional storage area above. EPC Rating: C
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.
Area
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FAQ
About Flat 19, Morgans Quay, Teignmouth
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