2-bedroom flat · TQ2 6BP
Listing removedListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £140,000 - £150,000.
This well proportioned first floor apartment presents a fantastic opportunity for first-time buyers, investors, or those looking to downsize, offering generous living space with the added bonus of a private garden.
Ideally situated in a popular and convenient location, the property is within walking distance of local schools, shops, excellent public transport links and Torbay Hospital.
As you enter the property, you are welcomed by an entrance hall with a large storage cupboard and stairs rising to the main accommodation.
The spacious lounge is bright and airy, enjoying an abundance of natural light, and provides a comfortable space to relax, entertain, or unwind after a long day.
The kitchen is fitted with a range of wall and base units with work surfaces over and has space for a freestanding cooker and additional appliances.
The flat offers two bedrooms, both double bedrooms and benefiting from storage cupboards. The family sized bathroom includes a bath, low level WC, and wash hand basin.
A standout feature of the property is the spacious level garden perfect for enjoying those sunny summer days, whether you're hosting a BBQ, tending to potted plants, or simply relaxing outdoors.
The outdoor space offers a rare and welcome addition for an apartment. Additional benefits include gas central heating and double glazing throughout.
With its great location, versatile layout, and excellent outdoor space, this property offers fantastic potential and should not be missed.
Council Tax Band: A (Torbay Council) Tenure: Leasehold (96 years) Ground Rent: £10 per year Service Charge: £650 per year Restrictions: Lease restrictions, Holiday home rental, Restrictive covenants Please note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
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 Queensway, Torquay, TQ2
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