1-bedroom flat · TQ2 5LU
For saleReduced £15k (−15%) on 4 SepListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *£100,000 - £110,000* The accommodation is well presented throughout and comprises a modern fitted kitchen, a spacious living/dining room, a generous double bedroom and a bathroom.
A particular feature of the property is the covered balcony, providing a sheltered outdoor seating area from which to enjoy the far-reaching coastal views throughout the year.
Residents also benefit from beautifully maintained communal gardens with attractive flower beds and seating areas, creating a peaceful environment to relax and socialise.
Designed with comfort and peace of mind in mind, the development benefits from emergency pull-cord assistance systems and a secure intercom entry system.
Conveniently located within easy reach of local amenities and transport links, this apartment offers an excellent opportunity for those seeking independent retirement living in a desirable coastal setting.
Council Tax Band: A Tenure: Leasehold Living Room (9.5' x 17.5') Kitchen (5.4' x 8.5') Bedroom (8.9' x 14.5') Bathroom (5.5' x 7.3') Agency Notes Lease & service charge details to be confirmed
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
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FAQ
About 13 Homequay House, Torquay
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