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See how verdicts work2-bedroom flat · TQ14 8QW
Sold STCListed 88 days
Opportunity summary
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About
An excellent opportunity to acquire a modern, immaculately presented apartment within Wymering Court, a highly regarded residential development accessed via Stapleford Drive.
The development is accessed via a secure main entrance lobby, with lift and staircase serving all floors, and further level access available from New Road. Allocated Parking and Visitors parking.
Property Approach Discover a beautifully presented, modern apartment in the highly regarded Wymering Court—a true coastal gem offering a lifestyle of comfort and elegance.
Accessed via Stapleford Drive, the development features a secure main entrance with intercom, lift and staircase to all floors, and allocated parking.
Step Inside and enjoy Glass double doors lead from the forecourt into the grand ground floor lobby where there are mailboxes for each apartment, and an intercom remote access system provides secure entry into an inner hallway where there are stairs and a lift to the upper floors and the entrance of the apartment on the first floor.
There is also a first-floor pedestrian entrance direct from New Road.
Enter the property Inside, the apartment is spacious and light, and beautifully presented with light and neutral decor throughout complimented by attractive hardwood internal doors, and it feels warm and welcoming with electric heating and double glazing throughout.
The entrance hallway is carpeted and has a large cupboard on one side providing plenty of storage for coats and shoes and also contains the electric central heating storage boiler.
Cooking and Living A modern fitted sized kitchen has a durable luxury beech-effect vinyl floor and a fitted kitchen with plenty of granite-effect worktop space on three sides, and a range of light wood-effect base, drawer and wall units, providing ample cupboard space complete with tiled splashbacks.
The living/dining room is spacious and filled with light from two windows to the front.
It has plush carpet underfoot and an elegant polished stone fireplace with a flame-effect electric heater making a nice feature and focal point for the room.
There is also plenty of space for a dining table and seating for six or more places, ideal for any occasion.
Bedrooms and Bathrooms The master bedroom is a generous double, carpeted and with plenty of light from a window to the front, a built-in double wardrobe and an en suite shower room which has a tiled floor and part-tiled walls containing a double shower, a pedestal basin, a WC, a chrome heated towel rail and elegant integrated gloss-white cupboards providing storage for toiletries.
The second bedroom is a slightly smaller double with plenty of light from a window to the front also having a built-in double wardrobe.
The modern family bathroom has a tiled floor with part-tiled walls containing a P-bath with a shower and curved glass screen above, a pedestal basin, a WC, a chrome heated towel rail and a medicine cabinet with mirrored doors.
Outside Outside, in the block-paved forecourt, there is one numbered parking space along with two shared visitor spaces. Also on the ground floor is a meter room and a bin store.
Whilst there is no outside space with the apartment, there is a green space next to the parking, perfect for sitting down and enjoying some fresh air.
Location A conveniently located apartment, close to a regular bus route, a local convenience store with a post office, and within walking distance of the town centre.
Enjoy a delightful stroll through the picturesque Mules Park to reach the seafront.
The train station is nearby, and New Road provides excellent access to a variety of commuter routes, making this location perfect for both work and leisure.
Material Information Tenure Leasehold 999 years from 1st January 2003 (977yrs) 1/th of Freehold Service Charge £1980 pa includes communal area, building ins, maintenance lift, window cleaning Managed by Brunswick Property Management Teignbridge District Council.
Tax band C Mains: Water, gas, electric sewerage Heating: Electric with possiblity to connect Gas No holiday letting Pets by permission of the management company
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 Wymering Court, Teignmouth, Devon
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