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See how verdicts work3-bedroom flat · TQ2 5UN
Listing removedListed 732 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Charltons is an exciting new development with a distinctive Art Deco exterior located in the heart of Torquay comprising of 8 modern apartments.
All plots have been finished to a very high standard and offer flexible and modern living accommodation, there are a number of parking spaces available and there is a lift servicing the block.
The complex is in a fantastic location on a boutique high street with access to a variety of amenities and sitting on a bus route.
It is just a short walk from Torquay sea front with access to the Historic Torre Abbey, as well as Tor Abbey beach and also Tor Abbey sands with its selection of upmarket bars and restaurants.
Apartment 2 is a stunning upper floor apartment with three good sized bedrooms of which one could be used as an additional reception room.
There is a modern fitted en-suite, a shower room with walk in shower and also a large open plan lounge/kitchen/dining room.
This property also has its own private parking space in the communal car park as well as access to storage space in communal areas.
Access to the apartment can be either via stairs of the communal lift. Entrance Hall Telephone entry system. Wall mounted radiator. Entrance door.
Open plan Lounge/Kitchen/Dining room 18' 0'' x 16' 5'' (5.48m x 5.00m) Front elevation double glazed windows. Wall mounted radiator. Fitted kitchen with wall and base units.
Fitted work surfaces. Under cabinet LED lighting. Oven with hob and cooker hood over. Bedroom One 16' 2'' x 14' 4'' (4.92m x 4.37m) Front elevation double glazed windows. Wall mounted radiator.
En-suite Walk in shower. Low level WC. Wash hand basin with vanity unit. Wall mounted mirror. Tiling. Heated towel rail.
Bedroom Two 16' 4'' x 10' 1'' (4.97m x 3.07m) Front elevation double glazed window. Wall mounted radiator. Bedroom Three/ Office 8' 4'' x 13' 0'' (2.54m x 3.96m) Wall mounted radiator.
Rear elevation double glazed window. Bathroom Walk in shower cubicle. Low level WC. Wash hand basin with vanity unit. Wall mounted mirror. Heated towel rail. Tiling.
Value & comps
No previous sales on record.
Returns
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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 Scarborough Place, Torquay, TQ2
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