1-bedroom flat · TQ3 3HL
To rentListed 260 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 5FX4 This one bedroom fully furnished apartment is situated on the first floor of a Victorian mid Terrace property located close to The Palace Theatre in Paignton.
The accommodation consists of 1 double bedroom with UPVC windows to side courtyard and lane to rear, kitchen with electric oven, hob, fridge and washer dryer, lounge and shower room (no bath) with toilet and basin.
Intercom and door fob to the outer door, keypad/key lock to front door. Wired for Broadband ( Virgin Media and formerly Openreach ) subject to contract.
No garden and no off street parking although the rear lane has unregulated parking subject to availability. No pets. Guarantor Required subject to status.
This apartment is mainly furnished : - Large mirror, sofa, TV, Coffee Table, Dining Table, Chairs, Microwave, King Size Bed, . Fitted cupboard in bedroom and wardrobe.
This is not a big flat - it’s is ideally suited to one person. Central Heating, Hot and Cold Water is provided for the block and each apartment pays a proportion.
Electricity is billed 2 monthly by meter.
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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
Agent & docs
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FAQ
About Flat 3 33 Worcester House, New Street, Paignton
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