2-bedroom flat · TQ14 8XP
Listing removedListed 50 days · slow let
Opportunity summary
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About
Two bedroom first floor waterside apartment This property is part of the Morgans Quay development and is conveniently located to all local amenities.
With a river-facing private balcony enjoying uninterrupted views of the River Teign estuary, taking in Teignmouth’s back beach, Shaldon, Teignmouth Port and inland beyond Shaldon Bridge, rural Bishopsteignton, Ringmore with Dartmoor in the distance.
The accommodation is arranged as follows: Communal entrance and hall Hall with storage cupboards & telephone entry system Lounge with feature fireplace, sliding patio doors giving access to a balcony and enjoying uninterrupted views of the River Teign estuary Modern Fitted Kitchen with high gloss units, one and a quarter bowl stainless steel drainer sink unit with mixer tap over, space for cooker, space for upright fridge freezer, corresponding eye level units with concealed extractor hood, uPVC double glazed tilt and turn window enjoying the aforementioned river and rural views Bedroom one, overlooking the communal quadrant Bedroom two, overlooking the communal area Shower room, with Mira shower, WC with concealed plumbing, wash hand basin set into vanity unit, corresponding medicine cabinet, fitted extractor Garage, which is a large tandem for two vehicles, electric up-and-over door with power and lighting Residents-only gated access from the communal quadrant directly onto the back beach.
There is also access to a communal store.
Night storage heating uPVC double glazed windows no smokers / council tax band = C / EPC = D Prospective tenants applying for a rental property will be required pay a one-off holding deposit equivalent to one week’s rent which will be credited to the first month’s rent.
A holding deposit is non-refundable if an applicant (or applicants) fails a ‘right to rent’ check, provides false or misleading information, withdraws from a property or fails to take all reasonable steps to enter into a tenancy agreement.
Tenant default fees/charges include replacement key or security device to be charged at cost, late or non-payment of rent of no more than 3% above the Bank of England base rate for each day the payment has been outstanding for 14 days or more, any other permitted default fee.
Our redress scheme is The Property Ombudsman (TPO) membership no. N00274. Our Client Money Protection is provided by ARLA Propertymark and our scheme reference is C0005473.
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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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 18 Strand, Teignmouth
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