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See how verdicts work1-bedroom flat · TQ2 5AJ
Sold STCListed 657 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pegg Estates is pleased to offer this chain free one double bedroom ground floor flat. The accommodation comprises of a large living room, generous double bedroom with large en-suite shower room.
To the rear of the ground floor flat there is a kitchen/diner and external access to the private garden. A new lease is to be drafted.
Council Tax Band: A Tenure: Leasehold Restrictions: Lease restrictions Communal Entrance Double glazed door to the front to the ground floor flat.
Living room 11.6ft x 15.0ft Has picture rails, electric heater, double glazed window to the front aspect and carpet flooring.
Bedroom 1 11.4ft x 12.1ft Has carpet flooring and access to the ensuite via a obscure glazed door.
En-suite 8.7ft x 7.6ft Has a double glazed window to the rear aspect, sky light, shower cubicle with electric shower, pedestal wash hand basin with mixer tap, low level wc, heated towel rail, vinyl flooring.
Inner Hallway Has carpet flooring, storage cupboards and dado rail.
Kitchen 13.0ft x 7.3ft Has matching wall and base level work units with roll top work surfaces, built in electric oven and hob with cooker hood, stainless steel one and a half bowl sink and drainer, space for fridge freezer and washing machine, double glazed windows and door to the side aspect.
Outside There is a courtyard garden and pathway with water tap from the kitchen door with steps up to a shared communal garden. Leasehold Information TBC
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 South Street, Torquay
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