# 2 bedroom apartment for sale (TQ7 1LN) ## Property Details | Key | Value | |-----|-------| | Address | 16, SALT QUAY MOORINGS, EMBANKMENT ROAD, KINGSBRIDGE, DEVON TQ7 1LN | | Price | £130,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Construction age | England and Wales: 1983-1990 | | Floor area | 48 m² | | Last sold | £115,000 Sep 2021 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 08/03/2026 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £294/year - **Est. upgrade cost to C:** £1,478 ### Recommendations - A (£100 - £350) - C (£15 - £30) - E (£30) - O3 (£1,000 - £1,400) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0418-5045-7267-4336-1964) ## Description **HOW** **TO** **GET** **THERE** **** Proceed along the A381 Dartmouth Road along the Embankment, shortly after passing the Kingsbridge recreational ground entrance on the left, Salt Quay Moorings Apartments will seen on the left hand side.   **SITUATION** **** Salt Quay Moorings is situated in a convenient location within level and close walking distance to the popular Crabshell Inn fronting the Salcombe Estuary and a short walk from the town centre and amenities in the market town of Kingsbridge. Kingsbridge is situated at the head of the Salcombe Estuary and has a Leisure Centre with indoor swimming pool and bowls arena, a Cottage Hospital, the highly regarded Kingsbridge Community College, a variety of restaurants and pubs, a cinema, harbour and boating facilities together with a range of independent shops and two supermarkets. The South Devon coastline is renowned for spectacular scenery and beaches, stretching from the mouth of the Dart in the east to Plymouth Sound in the west. The nearest beaches at Bantham (Approx. 5 miles) and Slapton Sands (Approx. 6 miles) offer splendid clifftop and coastal walks where you can enjoy the spectacular rugged splendour the South Hams Coastline has to offer. The popular sailing resort of Salcombe is about 7 miles distant by road, with an excellent range of recreational and shopping facilities and the sandy beaches of East Portlemouth, North Sands and South Sands. There are golf clubs at nearby Bigbury and Thurlestone, flanking the mouth of the River Avon, and Dartmouth Golf and Country Club about 10 miles distant. The City of Plymouth, about 21 miles away, has a full range of facilities, including an excellent modern theatre, ferry service to France and Spain, and mainline railway station with direct services to Cornwall, London and the Midlands. The nearby Elizabethan town of Totnes is located about 13 miles away and offers mainline railway services together with a range of local and independent shops and a regular market.  **DESCRIPTION** **** **** Salt Quay Moorings is a select residential apartment block with 24 apartments providing up to date and easy to maintain properties for the community aged over 60 years old. There is a warming, welcoming and secure communal entrance with kitchen area and from here stairs or a lift can take you to the correct floor. 16 Salt Quay Moorings is located on the top floor and benefits from an elevated position with stunning views. The property has 2 bedrooms with a spacious living/dining room with dual aspect windows with superb views over the estuary and park, kitchen and family bathroom.   **THE** **ACCOMMODATION** **COMPRISES:** ****   **ENTRANCE** **HALLWAY ** **** With fuse box and airing cupboard housing hot water cylinder with wooden slatted shelving.   **LIVING** **ROOM** **** **** A naturally bright room with dual aspect windows with superb views over the estuary and park. Panel heater, telephone point.   **KITCHEN** **** **** A bright fully fitted kitchen with floor and wall units comprising cupboards and drawers, inset one and a half bowl sink unit with mixer taps and single drainer. Low level electric oven with 4 ring hob and extractor fan above. Undercounted space and plumbing for washing machine, space for tall standing fridge/freezer. Window to the front.  **BEDROOM** **1** **** A double bedroom with window to the side.   **BEDROOM** **2** **** With window to rear aspect. Built in wardrobe with shelving and hanging space together with drawers.   **FAMILY** **BATHROOM** **** A white three piece suite comprising panel bath with Mira sport shower over with glass screen, hand basin with mixer taps, low level WC with concealed cistern.   **OUTSIDE** **** **** There is under cover and secure parking available within Salt Quay Moorings.   **TENURE** **** Leasehold Service charge £170 per month  **SERVICES** **** Mains Electricity, water and drainage.  **COUNCIL** **TAX** **** The property is council band 'C'   **LOCAL** **AUTHORITY** **** South Hams District Council Follaton House Plymouth Road Totnes Devon TQ9 5NE Tel: .   **VIEWING** **** **** Strictly by appointment with the agents: Luscombe Maye 62 Fore Street Kingsbridge Devon TQ7 1PP Tel:   ## Property Photos - ![Photo](/listings/photos/56528007/1261799) - ![Photo](/listings/photos/56528007/1261802) - ![Photo](/listings/photos/56528007/1261804) - ![Photo](/listings/photos/56528007/1261806) - ![Photo](/listings/photos/56528007/1261808) - ![Photo](/listings/photos/56528007/1261812) - ![Photo](/listings/photos/56528007/1261814) - ![Photo](/listings/photos/56528007/1261817) ## Floorplans - ![Floorplan 1](/listings/photos/56528007/1261820) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/56528007/1261824) - EPC 1 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #15525627 - **Address:** 16 Salt Quay Moorings, Embankment Road, TQ7 1LN - **Certificate Issued:** 11/12/2022 - **Work Completed:** 24/11/2022 - **Items:** 5 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | SALT QUAY MOORINGS 16 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £115,000 | 23/09/2021 | 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 | |---------|-------|------|------| | SALT QUAY MOORINGS 22 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £200,000 | 19/12/2025 | Flat | | RIVERSIDE FLAT 13 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LJ | £167,000 | 05/12/2025 | Flat | | CRABSHELL QUAY 3 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1JX | £455,000 | 01/12/2025 | Flat | | DODBROOKE LODGE FLAT 3 DERBY ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1JJ | £325,000 | 27/11/2025 | Flat | | SALT QUAY MOORINGS 6 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £127,000 | 15/05/2025 | Flat | | SALT QUAY MOORINGS 21 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £194,000 | 28/10/2024 | Flat | | SALT QUAY MOORINGS 1 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £203,000 | 19/07/2024 | Flat | | SALT QUAY MOORINGS 11 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £220,000 | 24/04/2024 | Flat | | SALT QUAY MOORINGS 23 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £215,000 | 08/03/2024 | Flat | | DODBROOKE MANOR 2 THE PROMENADE, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1DG | £430,000 | 29/11/2023 | Flat | | SALT QUAY MOORINGS 14 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £220,000 | 13/10/2023 | Flat | | SALT QUAY MOORINGS 15 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £213,000 | 27/09/2023 | Flat | | RIVERSIDE FLAT 11 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LJ | £440,000 | 13/06/2023 | Flat | | SALT QUAY MOORINGS 12A EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £200,000 | 12/06/2023 | Flat | | SALT QUAY MOORINGS 4 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £185,000 | 29/03/2023 | Flat | | SALT QUAY MOORINGS 23 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LN | £200,000 | 30/11/2022 | Flat | | SOUTHWATER COURT APARTMENT 3 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1LQ | £385,000 | 08/11/2022 | Flat | | CRABSHELL HEIGHTS 11 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1FE | £450,000 | 28/10/2022 | Flat | | CHURSTON COURT 5 THE PROMENADE, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1JG | £570,000 | 05/08/2022 | Flat | | ABBOTS QUAY APARTMENT 1 PRINCE OF WALES ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1DY | £208,000 | 15/07/2022 | Flat | **Area average:** £280,350 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £245,500 (12 Flat, TQ7, 2024–2026) - **Deviation:** -47% ## 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):** £673/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 | |------|------|------|------|------| | 2 Bed Flat, Ashburton House, TQ7 | £875/mo | 2 | 0.37 miles | OpenRent | | 2 Bed Flat, Saffron Park, TQ7 | £875/mo | 2 | 0.37 miles | OpenRent | **Average rent: £875/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.67% (weak for cashflow) - **Max investor price (0.8%):** £109,375 - **Target investor price (1%):** £87,500 *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 £875/mo).* - **Gross yield:** 8.1% - **Cost-to-rent:** 12.4× - **Monthly cashflow:** £251/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8% *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:** £2,708/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -12.7% - **10y growth:** 15.8% ## 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)