2-bedroom house · TQ6 9RA
Listing removedListed 161 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
6 MONTH LET. A furnished 2 bedroom cottage located on Horn Hill Steps close to the Historic Cherub Inn and only a couple of minutes walk from the river front.
The property benefits from its central location close to ample free parking and a garden deck outside. Available Immediately.
Ground Floor - Front door opens to; Kitchen/Dining Room - Cream shaker style base and eye level units with granite worktop over, Belfast style sink with mixer tap, electric oven with hob and extractor over, space and plumbing for washing machine or dishwasher, cupboard housing the new Worcester boiler which provides domestic hot water and central heating, engineered oak flooring, LED ceiling spotlights, radiator, uPVC window to front.
Lounge - Fire place with log burner, engineered oak flooring, LED ceiling spotlights, uPVC window to rear. Stairs leading up to; 1st Floor - Landing - LED ceiling spotlights.
Bedroom One - Feature fire place, 2 x pendant lights, built-in wardrobes, radiator, uPVC window to rear. Bedroom Two - Pendant light, radiator, uPVC window to front.
Shower Room - 3 piece suite comprising corner shower enclosure with waterfall shower head with additional shower attachment and glass screen, low level w/c work basin built into storage shelf.
Chrome ladder style heated towel rail, part tiled walls, LED ceiling spotlights. Outside - Rear Garden - Enclosed garden, raised deck over gravel for alfresco dining.
Services - Electricity, water and drainage are connected. The property has been re-wired and re-plumbed throughout with hard wired smoke detectors.
Epc: D - Local Authority - South Hams District Council Council Tax Band: D - Please Note - PETS BY NEGOTIATION, NO SMOKING IN PROPERTY AND NO MULTIPLE OCCUPANCY.
References required together with a holding fee of 1 weeks rent and deposit of 5 weeks rent. Tenants to allow viewings with 24 hours notice should the property be marketed for sale during the tenancy.
Consumer Protection From Unfair Trading - These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate.
No guarantee can be given with regards to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested.
Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make an appointment to view before travelling to see a property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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