Sold STC Flat

11

SALT QUAY MOORINGS, EMBANKMENT ROAD, KINGSBRIDGE, DEVON TQ7 1LN

2 beds 1 baths 603 sq ft Listed 22 Aug 2023 (-1063d)

£220,000

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Property details

Tenure

LEASEHOLD

Floor area

56 m²

EPC rating

C

Year built

England and Wales: 1983-1990

Last sold

£220,000 Apr 2024

Price per m²

£3,929/m²

Local average

£245,500 (-10.4%)

Deprivation

Decile 7 (22,914 of 33,755)

Street crime

28 incidents within 1 mile (May 2026)

Key features

  • 2 bedroom apartment
  • Stunning estuary views
  • Emergency pull cords throughout property
  • Town centre location
  • Private south facing balcony
  • Parking available in integral garage
  • Large walk in shower
  • Lift access to all floors
  • New fully fitted kitchen
  • Level walk along the Quayside and Promenade

Additional details

Parking
Yes

Description

This spacious first floor apartment offers a comfortable and convenient living experience in the desirable location of Salt Quay Moorings, situated on Embankment Road in Kingsbridge. With lift access, this apartment provides easy accessibility for residents.
Upon entering, you are greeted by a well-designed hallway featuring an intercom system for added security. The apartment comprises two double bedrooms, with bedroom one offering built-in wardrobes for ample storage space. Bedroom two also provides a comfortable living area for residents.
The bathroom features a large walk in shower, adjacent to the bathroom, you will find the airing cupboard housing the water tank.
The highlight of this apartment is the newly fully fitted kitchen. It boasts laminate flooring and is equipped with high-quality appliances, including an integrated oven and hob with an extractor over. The kitchen is beautifully presented, providing a modern and functional space for cooking and dining.
The large living room offers breathtaking views of the estuary and countryside through its floor-to-ceiling sliding doors, which lead to a private south-westerly facing balcony. This tranquil outdoor space is perfect for enjoying the surroundings and entertaining guests.
Salt Quay Moorings is an age-restricted development exclusively designed for residents aged over 60 years. Built-in the late 1980s, it comprises a total of 24 apartments. Underground parking is available on a first-come, first-served basis, providing residents with convenience and peace of mind.
Notes
Tenure: The apartment is leasehold, held on the remainder of a 125-year lease from 1987
Council Tax Band: D
The current service charge is approximately £220 per month, covering various maintenance and communal expenses internally and externally. 
Local Authority: South Hams District Council
Services: Mains electricity, water and drainage. The apartment is equipped with electric panel heaters and emergency pull cords, ensuring safety and comfort for residents.
Directions: From the town centre, take the exit towards Embankment Road. As you drive alongside the estuary the property will be on your left just after the Recreation Park.
Viewing’s: Very strictly by appointment only with Charles Head 

Listed by

Kingsbridge

C H 2019 LTD

Reference: 138932801

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 17/08/2023

Expiry date: 16/08/2033

Est. upgrade cost to C: £5,000

Recommendations

  • Change heating to gas condensing boiler (£3,000 - £7,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

0% since 2014

Event Date Price % change
Sold 24/04/2024 (2 years ago) £220,000 +2.3%
Sold 27/11/2020 (5 years ago) £215,000 -2.3%
Sold 26/09/2014 (11 years ago) £220,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

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 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
KINGS COURT 11 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1SP £362,500 04/11/2022 Flat
CRABSHELL HEIGHTS 11 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1FE £450,000 28/10/2022 Flat
KINGS COURT 12 EMBANKMENT ROAD, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1SP £395,000 25/10/2022 Flat
CHURSTON COURT 5 THE PROMENADE, KINGSBRIDGE, SOUTH HAMS, DEVON, TQ7 1JG £570,000 05/08/2022 Flat

Area average: £296,825 (20 sales)

Capital growth trend

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

5y growth -19.4%
10y growth 15.8%

House Price Index (HM Land Registry — official index, not sold-price averages): South Hams. Series: Flats and maisonettes. As of April 2026.

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

Rental Range

Estimated market rent for South Hams. Low = conservative, Realistic = average, Optimistic = best case.

Low £900/mo
Realistic £1,000/mo
Optimistic £1,100/mo

Based on Local Authority from postcode lookup → South Hams.

LHA (30th percentile) floor for South Devon: £673/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View TQ7 1LN

Address

Embankment Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Train station Kingsbridge Park Side 0.0 miles
Train station Kingsbridge Ria End 0.1 miles
Bus stop Kingsbridge Bus Station 0.2 miles
Shop TQ7 Mens Hairdresser 0.2 miles
Shop Morrisons Daily 0.2 miles
Bus stop West Alvington Hill 0.4 miles
Hospital Lee Mill Hospital 11.2 miles
Hospital Totnes Community Hospital 11.3 miles

Street-level crime

Category Count
Violence and sexual offences 8
Criminal damage and arson 5
Other theft 5
Anti-social behaviour 4
Public order 3
Possession of weapons 1
Shoplifting 1
Vehicle crime 1
Total incidents 28

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Kingsbridge Academy Secondary 0.4 miles Good — 4 May 2023
Kingsbridge Primary School Primary 0.6 miles Requires improvement — 14 Sep 2023
West Alvington Church of England Academy Primary 0.8 miles Good — 12 May 2020
Charleton Church of England Academy Primary 1.3 miles Good — 1 Jul 2015
Salcombe Church of England Primary School Primary 2.9 miles Good — 9 Mar 2016

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 0.38 miles OpenRent
2 Bed Flat, Saffron Park, TQ7 £875/mo 2 0.39 miles OpenRent

Average rent: £875/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.4%
Max investor price (0.8%) £109,375
Target investor price (1%) £87,500
Gross yield 4.8%
Cost-to-rent ratio 21×
Monthly cashflow £-104/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).