3-bedroom house · TQ1 4HN
Sold STCReduced £10k (−4.5%) on 22 JunListed 273 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The ground floor offers a modern open-plan living space incorporating a comfortable living room, dining area and fitted kitchen, creating a sociable and versatile hub of the home.
A downstairs WC with utility area adds further practicality. Upstairs, the accommodation comprises three well-proportioned bedrooms and a family bathroom.
This attractive property would make a great family home, combining spacious living with an excellent location close to everyday amenities.
Council Tax Band: B Tenure: Freehold Entrance Hall Bamboo parquet flooring, understairs storage, stairs to first landing. Kitchen/Diner (20.50' x 17.25') The kitchen/Dining area has Laminate flooring.
A range of matching wall and base units with work-surfaces over. Built-in appliances include: Dishwasher; Fridge/freezer; Electric oven; Inset gas hob with extractor fan above.
There is a matching Breakfast bar. The ceiling has modern inset spotlights. Radiator. Feature fireplace. A double-glazed window and door leads out to the rear garden. Space for dining furniture.
Open Entrance from the Kitchen/diner leads through to the Living Room.
Living Room (11.17' x 10.50') The open plan style living room has a double-glazed bay window with plenty of space for soft and hard furnishings.
Utility The Utility area has wall-mounted storage cupboards above the work surface. Space and plumbing for washing machine. There is a window to the rear aspect. Cloakroom Low-level WC.
Wash-hand basin. Tiled floor. Bedroom 1 (11.83' x 10.17') Wooden flooring. Bay window to the front aspect. Large fitted wardrobe. Radiator.
Bedroom 2 (11.83' x 10.17') Window to the rear aspect with view over the garden. There are buily in wardrobes which incorporate a desk area. Radiator.
Bedroom 3 (7.58' x 6.58') Bedroom 3 would be suitable as a single bedroom, nursery or home office. It has a carpeted floor and radiator.
Bathroom The bathroom is fully tiled and comprises: Bath with shower over; wash-basin; low-level WC; Fitted storage.
Rear Garden The property has a sunny garden with paved patio areas, mature shrubs and borders. Front Garden The front garden is over three tiers and offers a private patio seating area.
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 34 Wrights Lane, Torquay
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