2-bedroom flat · TQ12 2AP
Sold STCListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bedroom first floor flat forming part of this retirement complex close to all amenities in a level position in town, close to doctors, dentists, parks and bus routes, together with an easy walk into the town centre.
The A380 to Exeter and the link road to Torbay, as well as the mainline rail links to London/Paddington are a short distance away.
The internal accommodation comprises entrance hall, 2 double bedrooms with fitted wardrobes, lounge/dining room with doors opening to the balcony, fitted kitchen and shower room.
Other features include emergency alarm pull cords, Telecom entry system, night storage heating and double glazing.
Further benefits include communal facilities including laundry room, residents lounge, gardens and parking.
Viewing of this property is highly recommended for those seeking a flat within easy walking distance of the town centre and close to the 'Rec' centre with squash and tennis courts together with other social facilities.
AGENT'S NOTE: Tenure: Leasehold Lease: 125 years from 1999 Service Charge: 4426 September 2025 to August 2026 Ground Rent: 300 Management Company: First Port Management
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
Agent & docs
FAQ
About Marsh Road, Newton Abbot, Devon.
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