2-bedroom flat · TQ2 6JT
Listing removedListed 70 days
Opportunity summary
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About
A superbly presented ground floor apartment in the popular Chelston area with garage and enclosed garden. To arrange a viewing, when calling please quote CS1097.
Beautifully presented and offering good sized accommodation the apartment makes an excellent first home or investment purchase and an internal inspection is highly recommended to appreciate the accommodation on offer.
The property is accessed via a light bright entrance hall with cupboard housing the boiler and a door leading into the sitting room, which in turn has double doors opening onto the garden.
The modern kitchen offers an integrated fridge and freezer, built in oven and space for a washing machine.
An inner hallway leads to the two bedrooms both with built-in wardrobe space and there is a contemporary shower room/WC.
Outside is an enclosed garden with southerly aspect and a garage in a nearby block.
The accommodation comprises UPVC obscure glazed door to: Entrance hall - 1.85m x 1.22m (6'1" x 4'0") Inset spotlights, radiator with thermostat control, cupboard housing the boiler, consumer unit and electric meter.
Door to: Sitting room - 4.42m x 3.81m (14'6" x 12'6") Coved ceiling with inset spotlights, UPVC double glazed window and double doors opening onto the enclosed garden, vertical radiator with thermostat control, TV connection point, door to inner hallway, door to: Kitchen - 2.69m x 2.41m (8'10" x 7'11") Inset spotlights, UPVC double glazed window to rear aspect.
Fitted kitchen comprising a range of base drawer units with work surfaces over, inset sink and drainer with mixer tap over, inset electric hob and extractor over, tiled surrounds, matching wall cabinets, integral fridge freezer, built-in electric oven, space and plumbing for washing machine, integral waste bin.
Inner hallway - 2.54m x 0.86m (8'4" x 2'10") Inset spotlights, smoke detector, storage cupboard with shelving, doors to: Bedroom one - 3.76m x 3.12m (12'4" x 10'3") Inset spotlights, UPVC double glazed window front aspect, radiator with thermostat control, built in wardrobe space with shelving and hanging rail.
Bedroom two - 2.95m x 2.08m (9'8" x 6'10") Inset spotlights, UPVC double glazed window to rear aspect, radiator, built in wardrobe space with hanging rail and shelving.
Shower room /WC - 2.95m x 1.5m (9'8" x 4'11") Inset spotlights, UPVC obscure glazed window.
Comprising walk-in shower enclosure with glazed screen, vanity unit with inset wash hand basin, WC, heated towel rail, tiled walls.
Outside The property benefits from its own private garden space which is accessed from the sitting room and a laid to lawn, enclosed by hedgerow and enjoying a fair degree of seclusion, with a Southerly aspect and gated side access.
There is also a garage in a nearby block.
Useful information Tenure – leasehold 999 years from 29/9/1964 Ground Rent- £12.10 per annum Age - 1960's Heating - Electric heating Drainage - Mains Windows - Double glazed Council Tax - Tax band B EPC Rating - C/69 potential - C/76
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
Agent & docs
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FAQ
About 3, Ferndale Road, Torquay
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