# 1 bedroom apartment for sale (TQ9 5HA)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, DENYER HOUSE, NEW WALK, TOTNES, DEVON TQ9 5HA |
| Price | £160,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 59 m² |
| Last sold | £152,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 11/07/2033
- **Current heating cost:** £1,281/year
- **Est. upgrade cost to C:** £6,023

### Recommendations
- W2 (£4,000 - £6,000)
- C (£15 - £30)
- L2 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0360-2022-7230-2197-3871)

## Description

A well-proportioned and beautifully positioned one-bedroom apartment situated moments from the river and Totnes town centre. Ideal first home, investment or downsize opportunity. No onward chain. EPC Band: D.

**Situation** - The property is only a stone's throw from the bustling Elizabethan market town of Totnes, renowned for its rich history and cultural charm. Residents enjoy access to a plethora of amenities, including excellent local schools, diverse shopping facilities, and recreational pursuits such as an indoor swimming pool and boating opportunities on the River Dart.

For commuters, the A38 Devon expressway is conveniently located approximately 6 miles away, providing swift connections to the bustling cities of Exeter and Plymouth, as well as the wider countryside. Furthermore, Totnes benefits from mainline rail links to London Paddington, adding to its accessibility and appeal.

**Description** - Flat 2, Denyer House is a well-appointed ground floor apartment set within a handsome period building on the sought-after New Walk, just a short stroll from the vibrant town centre. With a share of the freehold and no onward chain, the property presents an attractive opportunity for a wide range of buyers, including first-time purchasers, investors, or those seeking a conveniently located and manageable home in Totnes.

The apartment offers 581 sq ft of accommodation, with a generous dual-aspect living/dining room, a separate kitchen, and a spacious double bedroom with adjacent bathroom and separate WC. There is also a useful internal storage cupboard and the property benefits from high ceilings and period-style sash windows.

**Accommodation** - The front door opens into a welcoming entrance lobby with access into the large living/reception room, featuring twin sash windows and ample space for both dining and relaxing. A door leads into the kitchen, which is fitted with a range of units, worktops, and integrated cooking appliances.

A hallway from the living area leads to the bedroom and bathroom. The bedroom is a well-proportioned double with twin windows to the front, while the adjacent bathroom includes a panelled bath with shower over and basin, with a separate WC next door. An internal storage cupboard is also accessed from this hallway.

**Services** - Mains electricity, water and drainage. Electric heating. According to Ofcom, good outdoor and in-home mobile coverage and superfast broadband is available.

**Tenure** - Leasehold: 975 years remaining. Share of freehold. Managed by Denyer House Management Company. Service charge £482.10 per annum.

**Directions** - With the Totnes office of Stags on your left, proceed down to the mini roundabout at the bottom of the main street and go straight across into The Plains. Continue for a short distance and turn left into a pedestrian only street where you will see The Dartmouth Inn in front of you. The property can be found on your left.

## Property Photos

- ![4_59020.JPG](/listings/photos/165480635/882602) - 4_59020.JPG
- ![6_59020.JPG](/listings/photos/165480635/882603) - 6_59020.JPG
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- ![1_59020.JPG](/listings/photos/165480635/882606) - 1_59020.JPG
- ![10_59020.JPG](/listings/photos/165480635/882607) - 10_59020.JPG
- ![2_59020.JPG](/listings/photos/165480635/882608) - 2_59020.JPG
- ![3_59020.JPG](/listings/photos/165480635/882609) - 3_59020.JPG
- ![11_59020.JPG](/listings/photos/165480635/882610) - 11_59020.JPG
- ![7_59020.JPG](/listings/photos/165480635/882611) - 7_59020.JPG
- ![5_59020.JPG](/listings/photos/165480635/882612) - 5_59020.JPG

## Floorplans

- ![12_59020_watermarked_2.jpg](/listings/photos/165480635/882613) - 12_59020_watermarked_2.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/165480635/882614) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| DENYER HOUSE FLAT 2 NEW WALK, TOTNES, SOUTH HAMS, DEVON, TQ9 5HA | £152,000 | 20/02/2026 | Flat |
| DENYER HOUSE FLAT 2 NEW WALK, TOTNES, SOUTH HAMS, DEVON, TQ9 5HA | £152,500 | 31/03/2023 | Flat |
| DENYER HOUSE FLAT 2 NEW WALK, TOTNES, SOUTH HAMS, DEVON, TQ9 5HA | £105,000 | 12/05/2011 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| APPLE WHARF FLAT 17 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5QL | £365,000 | 16/06/2025 | Flat |
| 44C FORE STREET, TOTNES, SOUTH HAMS, DEVON, TQ9 5RP | £195,000 | 01/12/2023 | Flat |
| THE CHAPEL FLAT 3 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5DW | £210,000 | 12/10/2023 | Flat |
| THE MALTHOUSE 2 NEW WALK, TOTNES, SOUTH HAMS, DEVON, TQ9 5YY | £250,000 | 22/03/2023 | Flat |
| 8 FLAT 2 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5DR | £200,000 | 23/02/2023 | Flat |
| APPLE WHARF FLAT 10 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5QL | £180,000 | 13/12/2022 | Flat |
| APPLE WHARF FLAT 5 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5QL | £200,000 | 30/11/2022 | Flat |
| THE CHAPEL FLAT 5 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5DW | £275,000 | 07/11/2022 | Flat |
| 10 FLAT 3 FORE STREET, TOTNES, SOUTH HAMS, DEVON, TQ9 5DX | £177,500 | 21/10/2022 | Flat |
| BRIDGE TERRACE FLAT 13 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5DL | £425,000 | 18/10/2022 | Flat |
| BRIDGE TERRACE FLAT 17 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5DL | £495,000 | 01/09/2022 | Flat |
| 6A FORE STREET, TOTNES, SOUTH HAMS, DEVON, TQ9 5DX | £475,000 | 23/08/2022 | Flat |
| THE MALTHOUSE 9 NEW WALK, TOTNES, SOUTH HAMS, DEVON, TQ9 5YY | £272,000 | 22/08/2022 | Flat |
| APPLE WHARF FLAT 14 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5QL | £298,000 | 04/07/2022 | Flat |
| THE MALTHOUSE 16 NEW WALK, TOTNES, SOUTH HAMS, DEVON, TQ9 5YY | £185,000 | 30/06/2022 | Flat |
| 21A FORE STREET, TOTNES, SOUTH HAMS, DEVON, TQ9 5DA | £175,000 | 17/06/2022 | Flat |
| BERTRAM HOUSE FLAT 9 TICKLEMORE STREET, TOTNES, SOUTH HAMS, DEVON, TQ9 5EJ | £187,500 | 19/05/2022 | Flat |
| BRIDGE TERRACE FLAT 14 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5DL | £335,000 | 20/04/2022 | Flat |
| APPLE WHARF FLAT 11 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5QL | £167,000 | 18/03/2022 | Flat |
| APPLE WHARF FLAT 4 THE PLAINS, TOTNES, SOUTH HAMS, DEVON, TQ9 5QL | £150,000 | 18/02/2022 | Flat |

**Area average:** £260,850 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £337,113 (8 Flat, TQ9, 2024–2026)
- **Deviation:** -52.5%

## Rental Range

*ONS Price Index of Private Rents (South Hams). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £900/mo
- **Realistic:** £1,000/mo
- **Optimistic:** £1,100/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South Devon (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £504/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, High Street, TQ9 | £867/mo | 1 | 0.35 miles | OpenRent |

**Average rent: £867/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.54% (weak for cashflow)
- **Max investor price (0.8%):** £108,375
- **Target investor price (1%):** £86,700

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £867/mo).*

- **Gross yield:** 6.5%
- **Cost-to-rent:** 15.4×
- **Monthly cashflow:** £125/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,712/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -10.7%
- **10y growth:** 5%

## House Price Index (HM Land Registry)

*Official index for South Hams; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -3.9%
- **5y growth (index):** 0.1%
- **10y growth (index):** 11.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)